Lithium Power International Limited
Climate Impact & Sustainability Data (2017-2018)
Reporting Period: 2017-2018
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Submitted a comprehensive 11,400-page Environmental Impact Assessment (EIA) to the Chilean Environmental Authority, including complete environmental baseline studies, hydrological and hydrogeological modelling, and characterisation of human, archaeological, fauna and flora impacts.
Social Achievements
- Extensive social engagement with Colla indigenous communities and other stakeholders.
Governance Achievements
- Obtained a Nuclear Commission (CCHEN) permit in 2018.
Climate Goals & Targets
Medium-term Goals:
- Receive a construction sanction decision as early as the first quarter of 2020.
Short-term Goals:
- Obtain final approval of the EIA by the end of 2019.
Environmental Challenges
- Securing finance for the project and off-take agreements.
Mitigation Strategies
- Discussions commenced with major Chilean and international institutions to finalize a letter of intent for financing the Project during the second half of 2019. International companies approached LPI and MSB regarding off-take agreements and future participations.