Street Talk

Plenty of questions surround Lithium Power’s Chilean licences

Sarah Thompson, Kanika Sood and Emma Rapaport

Jul 16, 2023 – 7.22pm

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Does Lithium Power International have something to tell is shareholders? Apart from an update on the $30 million sale of a subsidiary to Albemarle, it has been silence from the lithium explorer since April.

Lithium Power, with a market capitalisation of around $214 million, is among a handful of companies operating in a resource-rich area in Chile known as the Lithium Triangle. The company’s Maricunga resource is south of others owned by Orocobre, SQM, Albemarle and Galaxy.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com