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Tuesday, 07/11/2023 12:53:45 PM

Tuesday, July 11, 2023 12:53:45 PM

Post# of 1498
Chamber_of Lithium_Mining calling_a spade_a spade saying_Codelco
and ENAMI are a bust for lithium mining. https://www-nuevamineria-com.translate.goog/revista/camara-chilena-de-mineria-del-litio-pide-liberar-explotacion-del-recurso/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US
or https://www-redimin-cl.translate.goog/camara-chilena-de-mineria-del-litio-pide-liberar-explotacion-y-alerta-que-actual-politica-es-expropiatoria/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
From the article:
Although they looked forward to the National Lithium Strategy (NLP) allowing them to exploit the compound, they declared themselves disappointed with this policy (NLP), since, in the opinion of the union's president, Luis Gallardo, "it is a covert expropriation" since it does not allow the exploitation of the mineral by private entrepreneurs. "Deep down there would be a covert expropriation criterion, because it says that in order to develop our projects we have to ally ourselves with Codelco and ENAMI," the leader said, adding that neither of the two companies has the financial backing to develop this mining. "We know perfectly well what is happening with Codelco: it has a multi-million-dollar drag debt" and "ENAMI is also in very disastrous economic conditions, because most of the plants are without maintenance and are half-producing."

Dear Crystalballs, please tell us LPI shareholders that LPI had the balls to join the Chamber of Lithium Mining and that we are are a full dues-paying card-carrying member of this organization along with Francisco Javier Errázuriz of SIMCO.

The Doctor

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