Developing Chile’s next Lithium Mine

  • Major increase of high grade Measured, Indicated and Inferred resource to 2.15 Mt of lithium carbonate equivalent (LCE) and 5.6 Mt potassium chloride (KCl)
  • Moderate magnesium/lithium ratio of 6.5, comparable to the Salar de Atacama, with a very low sulphate/lithium ratio of 0.8
  • Significant potential for resource expansion with an exploration target* of 1.0 to 2.5 Mt of LCE and 3 Mt to 6.6 Mt of KCl between 200m and 400m depth
  • Process test work advancing, with preliminary engineering and design underway and a pre-feasibility study targeted for release in 4Q CY17

  • 80% Measured and Indicated resource estimate to 1.72 Mt of (LCE) and 4.5 Mt of potassium chloride (KCl) and 20% Inferred resource of 0.43 Mt of LCE and 1.2 Mt KCl
  • High quality resource with one of the highest average resource concentrations globally of 1160 mg/l lithium and 8500 mg/l potassium with, very favourable porosity and permeability which are essential for resource extraction.
  • The global demand for lithium is forecast to increase significantly over the next 5 years from 2015 to 2020, based on CRU forecasts.
  • Lithium Power has an experienced management and technical team, with a proven track record of delivering successful outcomes.
  • Lithium Power has a well-defined strategy to deliver future shareholder value.

Maricunga Brine Project – Site Visit

Since returning from our recent site trip to Lithium Powers (LPI.ASX) Maricunga Lithium brine project in Chile, as well as results from the on-going exploration program, we believe that Lithium Power (could be on the verge of a significant re-rating given the potential that is beginning to be uncovered at the Maricunga Project.


Lithium Power International Limited (Lithium Power or LPI.AX) is an ASX listed diversified pure-play lithium explorer and developer with its head office in Sydney, Australia and satellite offices in Santiago, Chile and Buenos Aries, Argentina. The Company is focused on development of the world-class, high-grade, pre-production Maricunga Lithium Brine Project in Chile.


Lithium Power International offers a clear development project in South America. The Maricunga Brine Project offers lower operating costs, ensuring profitability during future supply expansion.


Since mid 2015, the lithium spot price has rallied strongly due to supply being unable to satisfy increasing battery demand.


Lithium Power International understands that developing and fast-tracking production of the world-class, high-grade Maricunga Lithium Project will be a key driver to increasing future shareholder value. Together the Board of Directors, management and technical team have over 160 years combined experience across mining, lithium exploration, and strategic transactions.

The Movement is Electric

Square Kilometre Lithium Portfolio covering Australia and South America


USD/t spot in China based (refer Asian Metal website)


% increase in lithium carbonate spot price in China over the last 12mths


% of the world’s lithium supply comes from 5 producers


Electric Vehicles only sold globally in 2015


$ Billion Tesla's Market capitalisation

It is a real pleasure for me as CEO to announce the Maricunga resource upgrade. The project team has worked very hard to complete this and it is an excellent result for the company. Not only is the resource much larger than defined in 2012 but there is a very significant exploration target beneath the resource with reasonable expectation that deeper drilling would add further resources to the project.
– Martin Holland, Lithium Power International CEO.
Strong lithium demand outlook
Lithium prices have increased from US$5,000/t in 2015 to in excess of US$20,000/t in March 2016 (source: Asian Metal spot price in China). Global demand for lithium is expected to remain strong over the next 5yrs to 2020, driven by growth in lithium-ion battery production for electric & hybrid cars, consumer electronics, and renewable grid storage (refer CRU report in LPI prospectus).