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Resources Top 4: How many bags? Lithium M&A barrage continues as Chilean developer eyes big payday

Resources Top 4: How many bags? Lithium M&A barrage continues as Chilean developer eyes big payday
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Response to Media Speculation

SYDNEY, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) Lithium Power International Limited (ASX: LPI) (“Lithium Power” or “the Company”) refers to recent media speculation regarding discussions between Corporación Nacional del Cobre de Chile (“Codelco”) and Lithium Power about a potential transaction. Lithium Power confirms that it is in discussions with Codelco regarding a potential transaction. However, at this stage, discussions between Lithium Power and Codelco are incomplete and no agreement

ASX LPI: Lithium Power confirms deal talks with Chilean state miner

This comes amid uncertainty over the South American country’s move to nationalise some mining projects.

Solid session for lithium set

More gains than losses with a spread of buying

Lithium Power International lines up defence as Codelco circles

As previously reported by Street Talk, the ASX-listed lithium hopeful faced a potential roadblock posed by Chile’s new policy, which is exceedingly complicated.

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