NewsBite

Chilean copper giant in first lithium deal with $385m ASX takeover

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Lithium Power International has sold itself to state-owned Corporacion Nacional del Cobre de Chile for $385 million, as the mineral-rich South American economy bulks up its critical minerals resources projects.

The board of the ASX-listed lithium explorer – with tenements in Chile’s abundant lithium triangle including its flagship Maricunga project – has green-lighted the takeover by Codelco.

Loading...
Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/chilean-copper-giant-in-first-lithium-deal-with-385m-asx-takeover-20231018-p5ed5u