Executive Summary
Key attributes of LPI
- Pure-play lithium explorer & developer, which is diversified by geography and deposit type (brine & hard rock).
- Exploration targets identified across our project regions in South America and Western Australia. All project areas are close to critical road, rail, and port infrastructure.
- An experienced Board with extensive mining and commercial experience, with highly-qualified technical experts in both Australia and South America.
- Strong lithium market fundamentals driven by worldwide battery demand.
Key points for Maricunga lithium brine project
- The Board considers that Maricunga is one of the highest quality lithium salars in South America – with characteristics comparable to the world-leading Atacama deposit. Exploration drilling commenced in September 2016, aimed at expanding the existing lithium resource base.
- Maricunga is located within the “Lithium Triangle” in northern Chile, close to road & port infrastructure, and within the known pro-mining province of Copiapo.
- LPI owns 50% of the Maricunga JV. The majority of the Maricunga JV tenements are granted under the Chilean Mining Code of 1932, which allows immediate exploitation of lithium.
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