Report

Lithium Power International - Shareholders approve ownership consolidation

Lithium Power International (LPI) announced on 28 October that its shareholders, as well as the shareholders of Bearing Lithium, approved Maricunga’s ownership consolidation, paving the way for the completion of the transaction in November. On 25 October the company provided a Q123 update that showed further gradual progress in the project’s development. Following the recent oversubscribed equity offering, LPI remains well capitalised. We maintain our valuation.
Underlying
Lithium Power International

Lithium Power International is primarily engaged in the exploration and development of lithium assets, with a portfolio diversified by both geography and deposit type in South American and Western Australia.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Alison Turner

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