Page 38 - Codelco News Today

Lithium Power International Ltd (ASX:LPI) has clarified its position on talks with Corporación Nacional del Cobre de Chile (Codelco) over a prospective...

(Reuters) - Codelco will undertake due diligence on Australia's Lithium Power International, the Chilean copper miner said on Thursday, but added that...

SYDNEY, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“Lithium Power” or “the Company”) refers to recent media speculation regarding discussions between Corporación Nacional del Cobre de Chile (“Codelco”) and Lithium Power about a potential transaction. Lithium Power confirms that it is in discussions with Codelco regarding a potential transaction. However, at this stage, discussions between Lithium Po...

This comes amid uncertainty over the South American country’s move to nationalise some mining projects.

More gains than losses with a spread of buying

Yet another potential transaction in lithium space

The benchmark S&P/ASX 200 index fell 0.1 per cent, or 5.5 points, to 7024.8 at the closing bell, with eight out of the 11 industry sectors recording losses.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Chile's Codelco, the world's largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and investments, JPMorgan said on Tuesday. Codelco's copper production fell in 2022 to its lowest level in 25 years, exacerbated in part by delays to key projects for extending the lives of its mines. "We believe Codelco will be able to meet all of its financial obligations despite the elevated capex b...

As previously reported by Street Talk, the ASX-listed lithium hopeful faced a potential roadblock posed by Chile’s new policy, which is exceedingly complicated.