Our Company
Lithium Power International Limited (ASX.LPI) (“LPI” or the “Company”) is a pure play lithium company with three distinct project regions to provide diversification. One is located in South America’s brine region and three are in Australia’s spodumene hard rock areas of Western Australia.
The primary focus is to develop of Chile’s next high-grade lithium mine on the Maricunga Salar in an area known as the Lithium Triangle. The Company has also expanded its tenement holdings of lithium exploration prospects in Western Australia.
Project Areas
- Maricunga: The Maricunga project lies adjacent to the Chile-Argentina Highway 31,170km northeast of Copiapo and 25km from the port of Caldera. A 23kV power line crosses the property and is connected to Chile’s 220kV power grid. It is a high-quality resource with high brine grades, high flow characteristics and high drainable porosity and permeability.
- Greenbushes: Lithium Power holds granted exploration properties extending over 399.7 square kms in the Greenbushes region of southern Western Australia. They are adjacent to and along strike from the Greenbushes lithium mine containing 119.4 Mt @ 2.42% Li2O and owned and operated by Tianqi/Albemarle. These granted exploration properties are 100% owned by Lithium Power International.
- Pilgangoora: The LPI Pilgangoora property (E45/4610) covers an area of 63 km2 and is located adjacent to the Pilbara Minerals (PLS) and Altura Mining (AJM) lithium development projects which are both at the definitive feasibility stage. The district contains lithium pegmatites that are relatively flat lying and have very favorable low strip ratios for open cut mining with complimentary metallurgical properties.
- Tabba Tabba: The LPI Tabba Tabba property covers a 20km strike of highly prospective greenstone units identified through mapping and regional magnetic surveys. The Tabba Tabba project is immediately north-west of FMG’s Tabba Tabba project and contains the same greenstone belt that FMG is extensively drilling. This band of mafic rocks extends south-east into the area where De Grey Mining have successfully drilled lithium and gold anomalies approximately 20km to the south-west. The belt hosted a historical tantalum deposit immediately north of LPI’s Tabba Tabba property.
