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Lithium Power

Lithium carbonate sample production at Maricunga

1 Video - Feb 18

Lithium Power (ASX:LPI) has announced the production of lithium carbonate samples from its Maricunga lithium brine project in Chile. Highlights of the announcement include the following.

  • Initial lithium carbonate sample has a purity of 99.4% and very low cation concentrations. 
  • Samples have specifications similar to those produced by Albemarle and SQM in Chile. 
  • Maricunga is one of less than half a dozen pre-production brine projects to produce lithium carbonate samples.
  • WorleyParsons is well-advanced with the definitive feasibility study.
  • The project’s environmental impact assessment is progressing towards submission in the first quarter of 2018.

Analyst comment: this is another significant milestone in the development and validation of Maricunga. It further confirms our belief in it as a standout lithium brine project globally.

As is the case with most commodities, offtake negotiations with reputable partners are not meaningful until metallurgical testwork is complete and samples production-tested. And it’s potentially even more important for lithium brine projects, given that so few have produced lithium carbonate (LPI estimate – less than six).   

Lithium Power’s samples are likely to be sent to potential offtake partners, at which point negotiations may intensify. There is also the possibilty other potential offtake partners or corporate parties may emerge from the woodwork as well and request a sample. 

Further information from the company regarding potential offtake negotiations is probable in the near future. Before then, however, Lithium Power will submit its environmental impact assessment. Given the eventual surface area that Maricunga will cover, as well as its location, the importance of this assessment cannot be underestimated. We’re pleased that the company is using tier-1 environmental consultancy MWH, which has extensive experience within the project area.

The information in this email should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions. 

Valuation: we maintain our valuation of Lithium Power to $1.13/share (share price $0.46). 

Updated virtual site trip

1 Video - Dec 17

Updated virtual site trip to the Maricunga lithium project in Chile.

Preliminary Economic Assessment – Valuation Update

1 Video - Dec 17

Lithium Power has release a positive Preliminary Economic Assessment Study.  This video:

  • Reviews the results
  • Provides a valuation update

Resource upgrade at Maricunga Project – Valuation & Analysis

1 Video - Jul 17

Lithium Power has increase the resource the Maricunga Project by 270% to 2.1Mt LCE. This video provides analysis on:

  • Key highlights of the upgrade;
  • Valuation update; and
  • An update on the lithium market.

Initiation Report

7 Videos - May 17

Lithium Power is an ASX listed company and is developing a world class Maricunga Lithium brine project in Chile.  The report includes:

  • Valuation & Investment Analysis;
  • Site trip and review of the planned Lithium operation;
  • Highlight the key elements for a lithium brine project; and
  • Review of the lithium sector.

Maricunga Project – Virtual Site Trip

1 Video - Jan 17

Site trip to the Maricunga Lithium Brine Project in Chile.  Video includes analysis on the:

  • Region & surrounding infrastructure;
  • Review of the on-going development work; and
  • Planned mining & processing options.

What to look for in a lithium brine project

1 Video - Jan 17

Highlight the key attributes of a lithium brine project.  Topics discussed include:

  • Difference between brines and hard rock sources;
  • How brine projects are formed;
  • Where they are located; and
  • What are the key attributes that make a brine project economical.

What is lithium?

1 Video - Jan 17

Review of the fundamentals for lithium. Analysis includes:

  • Sources & uses;
  • Supply – Current & future; and
  • Demand – Current & future.