Lithium Power International Ltd (fka LTHHF)

[Dr_Vonschellan]

Standard_NLP empty_teasers_for Friday_announcement get_pooped out
a day early https://www-latercera-com.translate.goog/pulso/noticia/la-politica-del-litio-que-se-anuncia-hoy-incluye-la-entrada-del-estado-como-actor-productivo-en-el-salar-de-atacama/Q6APTD5SHVBB7JAOP7DSPNEGR4/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

This filler story is basically one big empty nothing-burger other than to let us know this leftist/commie government if going to create a "transparent" PILNT (Public Institute of Lithium and New Technologies) in Q2 of 2023 to somehow miraculously track which leftist/commie is stealing what and how-much-of-what from the new state-run lithium quasi-company to be called NLC (National Lithium Company). Well, if this new government agency actually works then it should be fun to see who is stealing what from under the table and how much they are skimming off.

in reading the fine print in this teaser WE all happily see that Mommy's Boy Gabby Boric is now openly admitting that the legal creation of a NLC (National Lithium Company) requires a BILL being approved by Congress... and once again I will be giving 3 to 1 odds this BILL approval does not happen anytime in the next 3 years as long as the Senate is controlled by Republicans.

The Doctor
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Google English Translation of the teaser follows:
The lithium policy announced today includes "the entry of the State as a productive participant in the Salar de Atacama"
by Carlos Alonso and Victor Cofre

According to the minutes released by official parliamentarians, there will be a strategy for the entry of the State as a productive participant in the Salar de Atacama. The strategy is to be implemented in 2023 and will operate starting 2024.

Today (see Friday) on the national chain the government will announce the long-awaited (NLP) National Lithium Policy. One of the key axes that it will have will be the participation of the State in this strategic sector of the country. In this sense, from the (pre-written) minutes that were disseminated among government parliamentarians, it was detailed that a BILL for the creation of the (NLC) National Lithium Company will be entered. To this is added the creation of the PILNT (Public Institute of Lithium and New Technologies) in the second quarter of 2023.

Likewise, there will be a strategy for the entry of the State as a productive actor in the Salar de Atacama. the strategy is implemented in 2023 and will operate from 2024. The mechanism for exploration and subsidiary use of resources from salt flats other than the Salar de Atacama.

There will also be a participatory process, at the national level and with local communities, and the creation of the CORFO Committee for the productive development of Lithium and Salt Flats, in the third quarter of 2023.

Another axis that this policy will have is that the beginning of the process to enter the Extractive Industries Transparency Initiative (EITI) as a country will be during the first semester of 2023, to ensure the greatest transparency and probity in all extractive industries. including lithium mining. In addition, complying with the highest international standards.