PROJECT FINANCE

Lithium Power's sizeable raising to accelerate Maricunga brine project

LITHIUM Power International, which is finalising a move to 100% ownership of its flagship Maricunga lithium brine project in Chile, has just raised cash to help it move towards production.

Maricunga

Maricunga

Managing director Cristobal Garcia-Huidobro said the A$25 million raising at 60c per share, a 3-5% discount to recent trading, had attracted a number of new domestic and North American institutional investors...

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