Lithium Power International Shareholders Approves Sale to Chile's Codelco

January 25, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--On Tuesday, Lithium Power International's (LPI) (New South Wales, Australia) shareholders approved the sale of 100% of their shares to Codelco (Santiago, Chile), the national Chilean miner. The agreement between the companies was reached in October at 0.57 Australian dollars per share, amounting to 385 million Australian dollars (US$244 million), pending the shareholder vote.