19th February 2018 16:00 (CET)
Lithium Power International (ASX: LPI) have today announced the production of their first high purity lithium carbonate concentrate from their Joint Venture Maricunga brine play (Minera Salar Blanco).
A low cation concentration at 99.4% purity was produced with an initial 12 month solar phase and purification in Duisburg (Germany), in cooperation with GEA. The product is consistent with existing Albermale and SQM battery grade products in Chile.
Lithium Power International’s Chief Executive Officer, Martin Holland and Minera Salar Blanco’s Chief Executive Officer, Cristobal García-Huidobro, jointly commented:
“We are very pleased with this news, as it’s a major milestone on our route to become one of a select few lithium carbonate producers, and demonstrates the value of our project. Now we are able to produce a value added, refined product which we believe meets cathode manufacturers’ rigorous material specifications. Our environmental impact study is nearing completion and we look forward to updating shareholders with additional development advances regarding this significant lithium project over the coming months”.
Industry updates from Liam Hardy