Lithium Power International Ltd (fka LTHHF)

[Dr_Vonschellan]

Total_complete brass-tacks update_on mining_lithium in_Maricunga
plus a concise summary on "who is really who" on the second largest lithium salar in Chile.
Spanish 1 Three actors for a salt flat: the race to extract lithium from Maricunga
Spanish 2 https://vnexplorer.net/tres-actores-para-un-salar-la-carrera-por-extraer-litio-de-maricunga-s1363727.html
English 1 https://vnexplorer-net.translate.goog/tres-actores-para-un-salar-la-carrera-por-extraer-litio-de-maricunga-s1363727.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true

Maricunga salt flat area is a total of 14,000 hectares

Codelco's area covers 18% or 2,500 hectares and is classified as Pre-1979 with 325,000 tonnes LME which equals 62,055 mt LCE (325,000 divided by 5.23) usable until 2057. If Codelco were to mine that 62,055mt over 20 years then they would be producing 3,105mtpa of LCE.

LPI's area also covers 18% of the total Maricunga and has 2,541 hectares total with 472,000 tonnes LME.
LPI has 1,125 hectares which is Pre-1979 set to produce 15,200mtpa of LCE for 20 years.
And LPI has 1,416 hectares are Post-1979 set to produce 4,800mtpa of LCE for 20 years

SIMCO has 7% of the total salar at 966 hectares between Cominor and Simbalik companies.
Simbalik after the recent Supreme Court ruling is now set to mine under Post-1979 regulations (but free from Codelco intervention) 24,300 metric tonnes LCE (ie 1,620mtpa LCE over 15 years), see https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171635214

SQM has 26% of the total Maricunga area at 6,600 hectares under Post-1979 regulations. SQM has no approved LCE export quota license per se activated in Maricunga... but one must now (ie after the recent Supreme Court ruling) question the idea of SQM perhaps taking a rather cavalier approach to the Atacama and dragging their feet on the CORFO property 2024 - 2030 only to deliberately start up their Maricunga property mining operations and transfering their UNUSED approved "locked-up-tighter-than-a-drum" LCE export quota license from the CORFO property over to their Maricunga property at say 6,000mtpa (minimum) I would recommend which if combined with LPI would then equal 15,200mtpa + 6,000mtpa or 21,200mtpa... that is, if SQM/Tianqi and LPI were partners.

This coming week is going to be a real doozy.

The Doctor