LPI

Activity Report for the Quarter ended March 2023

Retrieved on: 
Monday, May 1, 2023

Completion of the MSB ownership consolidation enabled LPI to increase its presence in Chile.

Key Points: 
  • Completion of the MSB ownership consolidation enabled LPI to increase its presence in Chile.
  • A major public relations program is underway in Chile to explain development plans for LPI’s Maricunga lithium brine project.
  • The Company is pleased to provide comments on the impacts it will have on its Maricunga lithium brine project.
  • To read the company’s full ASX release with the results of its Activity Report for the Quarter ended March 2023, please click here .

GATX Corporation Reports 2023 First-Quarter Results

Retrieved on: 
Tuesday, April 25, 2023

GATX Corporation (NYSE:GATX) today reported 2023 first-quarter net income of $77.4 million, or $2.16 per diluted share, compared to net income of $75.8 million, or $2.10 per diluted share, in the first quarter of 2022.

Key Points: 
  • GATX Corporation (NYSE:GATX) today reported 2023 first-quarter net income of $77.4 million, or $2.16 per diluted share, compared to net income of $75.8 million, or $2.10 per diluted share, in the first quarter of 2022.
  • The 2023 first-quarter results included a net negative impact of $1.3 million, or $0.04 per diluted share, from Tax Adjustments and Other Items.
  • At March 31, 2023, GATX Rail Europe’s (GRE's) fleet consisted of approximately 28,500 cars.
  • GATX Corporation will host a teleconference to discuss 2023 first-quarter results.

When Lightning Strikes: How Business Can Protect Its Bottom Line

Retrieved on: 
Monday, April 24, 2023

Properly installed lightning protection systems include utilizing a certified lightning protection contractor and a third-party inspection program.

Key Points: 
  • Properly installed lightning protection systems include utilizing a certified lightning protection contractor and a third-party inspection program.
  • Surge protection alone does not protect against the damage of a direct lightning strike.
  • Installing a complete lightning protection system which includes surge suppression will protect a business from the impact of lightning.
  • But smart entrepreneurs also recognize insurance and risk mitigation are essential elements to an overall business plan,” said Kevelighan.

The New Chilean National Lithium Policy

Retrieved on: 
Monday, April 24, 2023

On the evening of 20 April 2023, Chilean President Gabriel Boric announced the long awaited National Lithium Policy (“NLP” or the “Policy”).

Key Points: 
  • On the evening of 20 April 2023, Chilean President Gabriel Boric announced the long awaited National Lithium Policy (“NLP” or the “Policy”).
  • Lithium Power International’s Director and MSB’s Chairman, Russell Barwick, commented:
    “We are pleased that the National Lithium Policy, as presented last week in Santiago, is very much along the lines of what was discussed and expected in our various discussions with Chilean authorities.
  • Rather than focus on what the legislation means for the future of the Chilean lithium industry, our focus is on what it means for our Maricunga lithium project and how it will transform the Chilean lithium industry through its development.
  • At LPI, we welcome President Boric’s National Lithium Strategy and its objective to positively transform the Chilean lithium industry.

Initial Response to the Chilean National Lithium Policy

Retrieved on: 
Friday, April 21, 2023

Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide an English translation of two media reports in Chile in response to the initial release of the Chilean National Lithium Policy and the potential effect on the company’s Maricunga lithium brine project.

Key Points: 
  • Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide an English translation of two media reports in Chile in response to the initial release of the Chilean National Lithium Policy and the potential effect on the company’s Maricunga lithium brine project.
  • This is particularly significant for the lithium industry, which has a fundamental role in the energy transition that enables the fight against climate change that the planet is facing.
  • Cristóbal García-Huidobro, CEO of Lithium Power International and general manager of Minera Salar Blanco, stressed that “this is good news for the country.
  • That is why the National Lithium Policy will be developed in two phases: before and after the State Company.

Liberty Energy Inc. Announces First Quarter 2023 Financial and Operational Results

Retrieved on: 
Thursday, April 20, 2023

Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today first quarter 2023 financial and operational results.

Key Points: 
  • Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today first quarter 2023 financial and operational results.
  • In January 2023, Liberty amended its ABL Facility to provide for a $100 million increase in aggregate commitments to $525 million.
  • Liberty will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Thursday, April 20, 2023.
  • Presenting Liberty’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer.

Update On LPI’s Maricunga Lithium Brine Project In Chile

Retrieved on: 
Wednesday, April 19, 2023

SYDNEY, Australia, April 19, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • Work at LPI’s Maricunga lithium brine project continues to ensure high ESG standards, on the back of the fully approved and awarded environmental and social permits.
  • Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide an update on the status of its Chile Maricunga lithium brine project.
  • The Maricunga Project is located 170km north-east of Copiapó in Salar de Maricunga, located in the Atacama Region of northern Chile.
  • In January 2022, LPI announced the results of its updated Definitive Feasibility Study (“DFS”) for the Stage One Maricunga Lithium Brine Project, which supports 15,200 t/a production of battery grade lithium carbonate for 20 years.

Liberty Launches Liberty Power Innovations

Retrieved on: 
Monday, April 10, 2023

Liberty announced today the commercial launch of Liberty Power Innovations (LPI), an integrated alternative fuel and power solutions provider for remote applications.

Key Points: 
  • Liberty announced today the commercial launch of Liberty Power Innovations (LPI), an integrated alternative fuel and power solutions provider for remote applications.
  • Liberty’s suite of digiTechnologiesSM utilize natural gas to remotely generate electricity and power next generation digiFleetSM services.
  • LPI deployed its inaugural field gas treating services for a key Haynesville customer in support of a Liberty frac fleet.
  • “As we look ahead, our mobile power generation technology with industry-leading thermal efficiency and integrated fueling and logistics provides exciting opportunities beyond the oilfield.”

Wander List: Luxury Portfolio International® Explores Top Luxury Travel Trends and Bucket List-worthy Experiences in Just-released Issue of Bi-Annual Magazine

Retrieved on: 
Wednesday, April 5, 2023

"It is an absolute pleasure to unveil this latest iteration of our revered magazine to readers across the globe," said Mickey Alam Khan, president of LPI and the magazine's publisher and editor-in-chief. "This particular issue serves as a love letter, of sorts, to exploration and experience and the resurgence of global travel. We set out to put a spotlight on some of the most jaw-dropping destinations, nature-filled settings, and must-see international urban centers -- each teeming with opportunities for life-changing encounters. This issue also gives readers an up-close look at a range of unique design trends (such as why certain color palettes evoke emotion within the home, thanks to an in-depth interview with textile and product designer Lori Weitzner) and where to 'buy next,' including six classic U.S. resort towns that are top-of-mind for today's most sophisticated homebuyers."

Key Points: 
  • Now on newsstands, the issue is likened to a collector's item and a perfect centerpiece for the most sophisticated of coffee table book displays.
  • Volume 13, Issue 1 is a beautifully crafted ode to global heritage, the theme of this edition, and a window to the world of what's new and noteworthy in luxury -- top travel trends, in particular.
  • "This particular issue serves as a love letter, of sorts, to exploration and experience and the resurgence of global travel.
  • Luxury Portfolio magazine, which publishes twice a year, has a readership of more than 200,000 HNWI's globally.

Silvus Technologies Unveils Spectrum Dominance

Retrieved on: 
Wednesday, March 15, 2023

LOS ANGELES, March 15, 2023 /PRNewswire/ -- Silvus Technologies, Inc. ("Silvus"), a global leader of advanced wireless networking communications systems, today announced Spectrum Dominance, an expansive suite of Low Probability of Intercept/Low Probability of Detection (LPI/LPD) and Anti-Jamming (AJ) capabilities that provide secure and Electronic Warfare (EW) resilient mesh network communications at the tactical edge.  Developed in concert with the U.S. Army's C5ISR Center, Silvus' Spectrum Dominance enables StreamCaster MANET radios (AN/PRC-169) and MN-MIMO waveform to thrive in congested and contested environments, empowering operators to achieve mission objectives even in the presence of muti-tiered electronic attacks.

Key Points: 
  • Spectrum Dominance takes a layered approach to LPI/LPD concealment and defense, with every radio in the Silvus MN-MIMO mesh network performing real-time spectrum analysis and interference monitoring.
  • Several of Silvus' non-ITAR controlled Spectrum Dominance features are commercially available to all Silvus customers.
  • In addition to continuously improving existing Spectrum Dominance capabilities, Silvus is investing in AI and machine learning, to enable its StreamCaster radios to become a truly cognitive MANET radio, autonomously applying the appropriate Spectrum Dominance modes and techniques to optimize performance.
  • For more information on Spectrum Dominance, visit the Silvus website and follow Silvus on LinkedIn .