Codelco makes A$385 million cash offer for Lithium Power, stock jumps
A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Read MoreCodelco to buy Lithium Power for $244 million – MINING.COM
The acquisition would mark the Chilean copper giant’s first foray into the lithium space, in which is expected to play a key role.
Read MoreLPI jumps 30%
Well, Lithium Power International (ASX:LPI) was right when it described as “incorrect” a Bloomberg report suggesting a 50-cent-a-share offer from Codelco, the big state-owned Chilean copper miner.
Read MoreCodelco enters lithium fray with Lithium Power buyout offer
LPI shareholders are scheduled to vote on the deal at a meeting in January next year.
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