Lithium Power International Ltd (fka LTHHF)

[Dr_Vonschellan]

2nd_Codelco isn't_the solution._Oscar Landerretche_spells out what_NLC
should look like pure & simple to eliminate all the corrupt influences/machinations in government currently spoiling the vibrant lithium business that should be taking place inside Chile today... but is not taking place and currently is going in reverse. https://vnexplorer-net.translate.goog/columna-de-oscar-landerretche-hay-solucion-para-el-litio-s1041097.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true

Oscar Landerretche writes:
One way is by changing the industrial organization of the sector. The creation of a National Lithium Corporation (NLC), a public company, in charge of managing this resource and guaranteeing that its exploitation maximizes the benefits for the State, may be a solution. That company could be extremely light: a board of directors and some departments dedicated to managing private tenders for exploration, development and exploitation of the resource. If this company were established with a strong and independent corporate governance, subject to the supervision of the Financial Market Commission, as is the case with Codelco, it would not only help to give more political guarantees of preservation of the public interest, but it would place a healthy distance from the cabinets (edit Ministers), contingent politics and parliamentary clientele that should give peace of mind to the private sector for whom today are "too exposed" to politics and immobilized by its ups & downs. The companies that currently operate in this market should be invited to negotiate to move from the current exploitation scheme to a new, different one, in exchange for participating in the expansion of the business that the Chilean State intends to implement.