M&A

LPI to consolidate Maricunga lithium brine project

LITHIUM Power International has struck deals to acquire its two partners in the Maricunga lithium brine project in Chile that would allow it to move to 100% ownership in return for issuing scrip.

Maricunga is being pooled under one entity

Maricunga is being pooled under one entity

It says it is getting the extra interest for a 17% discount compared to its look-through value of Maricunga, and will enjoy a simpler decision-making process for project, streamlining discussions as it...

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