Lithium Universe's New Chairman Shares Company Vision to Shareholders

Lithium Universe's New Chairman Shares Company Vision to Shareholders

Dear Lithium Universe Limited Shareholder

I am writing to introduce myself and also share with you my vision for your company, Lithium Universe Limited (ASX code LU7). I am extremely excited to be a part of your new company and the new direction. I believe that we can achieve great things together. In this letter, I would like to present an overview of my vision for Lithium Universe Limited and share some of the ideas I have in mind to achieve our goals. The name of your new company, "Lithium Universe Limited," is a cheeky reminder to the lithium industry that we can do it all again.

Let me begin by providing some background on my experience and why I was chosen to lead your new Company. I am considered a pioneer in the modern lithium industry, and after a ten-year hiatus, I have returned to spearhead this exciting venture. Over twenty years ago, I was one of the first Australian mining executives to recognize the potential of the emerging lithium-ion battery industry. I led Galaxy Resources Limited (Galaxy) and I built the Mt Cattlin Spodumene Project (137,000 tpa of spodumene product) and the downstream Jiangsu Lithium Carbonate Project (with a capacity of 17,000 tpa).

This was the first large-scale vertically integrated, mine-to-battery-grade lithium carbonate, project in the world. During my tenure, I also headed the acquisitions by Galaxy of the James Bay Spodumene Project in Canada and the Sal de Vida Brine Project in Argentina. I left Galaxy in August 2013.

In 2014, the Jiangsu Lithium Carbonate plant was sold to Tianqi Lithium Corp for US$260 million, and in 2018, the north portion of the Sal de Vida project was sold to

POSCO for US$280 million. At the beginning of my time at Galaxy, the company's market capitalization was less than A$10 million, but it has since grown to a valuation of approximately A$2.5 billion at the merger with Orocobre Ltd to form Allkem Limited in August 2021. Most recently, in May 2023, Allkem merged with Livent in a $15.7 billion deal to form a top 3 lithium producer and superpower in Lithium. In addition to my experience leading Galaxy in its formative stages, my involvement with lithium extends back to the early 1990s when I briefly managed the Greenbushes

Lithium Mine and commissioned the first Lithium Carbonate plant for Gwalia Consolidated. I am proud to have contributed to the early development of this industry and to have witnessed its incredible growth in recent years.

When I accepted the position of Chairman at Lithium Universe Limited, I had a vision that the Company should seek to prioritize the rapid development and construction of successful lithium projects, rather than solely focusing on lithium exploration, this being a natural step in the evolution of a successful explorer. My belief is that while there are many lithium explorers in the world today, only a handful have the expertise and skills required to effectively develop and construct viable projects. Lithium Universe has a rich pedigree of lithium experience and skill, and our goal should be to establish a lithium processing hub in Québec, Canada, as quickly as possible.

One of the reasons I was drawn back to the lithium industry was the tremendous potential of the Apollo Lithium Project in James Bay, Québec, in which your company holds an 80% ownership stake. I am intimately familiar with the James Bay region, as noted above. The James Bay region is known for its thick, high-grade spodumene mineralization, as evidenced by the positive results of lithium exploration in the area. Notably, the Apollo Lithium Project covers an impressive 240 square kilometres and boasts 17 pegmatite outcrops visible at the surface. One significant advantage of the James Bay region is that spodumene-bearing pegmatites are often quite conspicuous as outcrops, which makes it easier to identify potential lithium deposits. It is an exciting opportunity for us to explore this promising area and discover new deposits that could contribute to our long-term success.

When our partner staked the Apollo tenements in early 2022, the full potential of the project was not realized. However, today we discover that the Apollo Lithium Project is strategically located between two other significant lithium projects, Patriot Battery Metals' (Patriot) Corvette Lithium Project (29km to the northwest) and Winsome Resources' (Winsome) Adina Lithium Project (28km to the east). There have been significant spodumene discoveries by both Patriot Battery Metals and Winsome Resources. As an international benchmark, an intercept of +30m at +1.3% Li2O is considered an excellent result for lithium exploration companies. Patriot reported their best drill result of 156m at 2.12% Li2O at CV5, while Winsome's best drill result was 107m at 1.34% Li2O from 2.3m (AD-22-005). In layman's terms, these are outstanding drill results. This thick and high- grade spodumene mineralisation typically occurs as pegmatite outcrops close to the surface.

These neighbouring companies have seen significant increases in market capitalization, with Patriot now valued at over A$1.4 billion and Winsome at over A$300 million. Lithium Universe's market capitalization prior to re-listing is circa $12 million with an EV of approximately $5 million. The Apollo project is located in the same greenstone belt as these two projects, and similar host geology with similar pegmatite occurrences visible in satellite images. This is why I was attracted back to the lithium industry.

The other advantage of the area is that the spodumene in the neighbouring discoveries is of coarse crystal size, as reported by Patriot and Winsome in their early test work. This feature is not surprising as the Allkem James Bay deposit in the region also contains coarse-grained spodumene. Coarse spodumene requires less fine crushing to extract the lithium from the waste rock and can be processed using simple dense media separation (DMS). This processing method was used at Mt Cattlin and generally, DMS plants result in lower capital and operating costs.

The lithium industry faces a significant hurdle in the form of lengthy project development timelines. From initial resource discovery to the completion of feasibility studies, construction of a lithium concentrator, and eventual product launch, the process can take up to eight (8) years.

Unfortunately, even successful projects often encounter issues during execution, resulting in insufficient supply to meet growing demand. Canada boasts abundant spodumene deposits, making it a prime location for lithium production. However, despite being considered a promising investment opportunity, Canada has seen very little lithium production, in stark contrast to similarly invested countries like Argentina.

Recent developments indicate a shift in the Canadian government's stance concerning the export of critical lithium spodumene concentrate to other countries, particularly China, for downstream processing of battery-grade lithium carbonate and lithium hydroxide. In late 2022, the government ordered Sinomine, a Chinese state-owned company, to divest from Canadian company Power Metals Corp and relinquish its spodumene concentrate off-take contract. The government stated that the decision was made following a comprehensive "multi-step security review" conducted under the Investment Canada Act. This action aligns with the Critical Minerals Strategy and the Investment Canada Act, demonstrating the government's commitment to adding value to the entire supply chain, including downstream processing, rather than solely exporting spodumene concentrate. I believe that this has serious implications for the many lithium junior exploration/mining companies operating in Canada today.

The challenges faced by lithium explorers are twofold. It is not enough to simply unearth lithium deposits; a company must possess the expertise and resources to build and operate fully integrated lithium processing and downstream facilities. This includes an intricate understanding of each stage, from extraction and purification to the final production of battery-grade lithium products.

I acknowledge the admirable intentions of the Canadian government in promoting local downstream processing of spodumene concentrate. However, there are challenges faced in realising this strategy, the main one being the current lack of independent spodumene converters outside of China. Presently, the majority (95%) of spodumene concentrate produced in Australia is sold to China for conversion. China remains the main destination for Australian spodumene concentrate, serving as a vital component in China's lithium-ion battery supply chain. In 2022, more than 2.3 million tonnes of (or 330 Ktpa LCE equivalent) were exported to China for conversion.

While Australia has aspirations to play a part in the conversion process, the two lithium hydroxide plants in Western Australia are still in the commissioning phase. Over the past decade, there have been two vertically integrated lithium projects in Canada—Nemaska Lithium and Canada Lithium—that ultimately failed. Despite significant investments made in Canada comparable to those in Argentina, no noteworthy lithium concentrate production has emerged from Canada.

So the situation is that there are no announced independent spodumene converters in Canada, the United States, or Europe. In addition, the few announced potential lithium refineries in the United States and Europe have secured dedicated spodumene feedstock supply contracts resulting in little capacity to take on additional supply. In essence, there are currently no available spodumene converters outside of China, making it vital for Canadian junior lithium explorers to develop vertically integrated solutions.

These initiatives by the Canadian Federal Government may inadvertently hinder the growth of the local Canadian lithium industry. While there are many junior lithium explorers in Canada, few possess the necessary experience and skills to successfully develop and construct a fully integrated lithium project, spanning from exploration and mining, concentrating, and finally production of battery-grade lithium carbonate or hydroxide. Each stage of the process requires distinct skill sets and mindsets, including exploration mining, crushing and concentrating, and high-grade chemical expertise. It is challenging to find this extensive skillset embedded within a single company, as demonstrated by the difficulties faced by the two previous fully integrated Canadian lithium companies.

I now want to share with you my vision that can promote collaborative growth among lithium junior exploration companies operating in the James Bay area and position Canada as a major supplier of lithium to the global market. In pursuit of this goal, and while we develop our exploration assets, we may also investigate the feasibility of establishing a vertically integrated lithium processing hub (QLPH) in Québec, Canada. My vision is to assess the feasibility of constructing a multi-purpose independent concentrator (QLPH Concentrator) that may supply a battery-grade lithium carbonate refinery (QLPH Lithium Carbonate Refinery) capable of producing 16,000 tons per annum (tpa).

This processing facility (QLPH) should be ideally located along the Trans Taiga Highway in the James Bay district.

As mentioned previously, Lithium Universe already owns 80% of the highly prospective Apollo Lithium Project in the James Bay district. The Company intends to conduct comprehensive drilling activities for resource development, and if successful develop a mine at Apollo. The run of mine (ROM) ore potentially generated from Apollo will form part of the spodumene ROM ore mix feeding the QLPH concentrator. In addition, to feed the QLHP Concentrator, Lithium Universe may consider entering into long-term off-take run of mine contracts with regional lithium junior partners, who could supply spodumene ROM ore.

Now that I am assuming the role of Chairman and have shared a larger prospective vision for our company, my next step is to engage with the board and shareholders in order to gather valuable feedback and gauge interest in exploring this concurrent and complementary strategy further. We have the opportunity to create a new chapter in the history of lithium exploration and project development in Canada. With your support, and our team's expertise and dedication, we are confident that we can make this vision a reality.

Once again, welcome to this exciting lithium journey. Yours sincerely



Click here for the full ASX Release

This article includes content from Lithium Universe Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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Lithium Universe (ASX:LU7)

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Lithium Universe Ltd  Quarterly Activities Report

Lithium Universe Ltd Quarterly Activities Report

Melbourne, Australia (ABN Newswire) - Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) recently announced the results of its Preliminary Feasibility Study( PFS) for the Becancour Lithium Carbonate Refinery in Quebec, Canada. The PFS confirms the viability of a strong lithium conversion project, even within a below-average pricing environment.

The Company plans to build a reliable, low-risk lithium conversion refinery with an annual capacity of up to 18,270 tonnes, utilizing proven expertise from the Jiangsu processing model.

The facility will produce environmentally friendly, battery-grade lithium carbonate. The Company aims to establish a Canadian-based lithium chemicals business, purchasing spodumene feedstock from both domestic suppliers and international markets, including Brazil and Africa and producing a battery grade lithium carbonate product.

This aligns with the Company's broader vision of contributing to the North Atlantic lithium supply chain and closing the Lithium Conversion Gap. The project's economics are highly favourable, even with conservative price assumptions. The refinery is economically viable with a pre-tax Net Present Value (NPV) of approximately US$779 million, using an 8% discount rate, and a pre-tax Internal Rate of Return (IRR) of around 23.5%.

The payback period is estimated at 3.5 years. The financial model is built on cautious price forecasts of US$1,170 per tonne for spodumene concentrate (SC6) and US$20,970 per tonne for battery-grade lithium carbonate equivalent (LCE).

LU7's directors believe they have a reasonable basis for using the assumed price in the study of US$20,970 per tonne for battery grade lithium carbonate. Key operational assumptions include 86% plant availability and 88% lithium recovery.

At full production capacity, the project is expected to generate approximately US$383 million in annual revenue, with costs totalling around US$236 million, leading to an annual EBITDAof approximately US$147 million and a gross margin of in the region of 38%. Post-tax, the NPV at an 8% discount rate is estimated at approximately US$501 million.

The capital cost for the project is estimated at US$494 million, which includes a contingency of US$68 million. The capital cost estimate is based on advanced design specifications from the Jiangsu Lithium Refinery model, ensuring robust financial planning and projection.

These factors highlight the project's strong financial viability, even under conservative pricing conditions.

*To view the full quarterly report, please visit:
https://abnnewswire.net/lnk/CFSD11IG



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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Lithium Universe Ltd  Completes Share Placement and Launches Entitlement Offer

Lithium Universe Ltd Completes Share Placement and Launches Entitlement Offer

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce the following Placement.

Highlights

- Binding commitments received to raise $2.14 million

- Launch of pro-rata Non-Renounceable Entitlement Offer to raise $1.02 million

- Issue price of the Placement and Entitlement Offer is $0.0125 per share

- A total of $3.16 million in capital raising

- Participants in Placement and Entitlement Offer to receive free attaching options

- On the basis of 1 option for every 1 share issued with exercise price of $0.03 and expiry date of 12 January 2026

- Tranche 2 Shares and all Options to be issued under the Placement are subject to shareholder approval

- Funds will mainly be used to complete the Becancour Lithium Refinery DFS

- Maintains momentum, closer to establishing a lithium refinery in Becancour

Placement

The Company has received binding commitments from sophisticated and professional investors pursuant to a placement to raise $2.14 million by the issue of 171,320,000 fully paid shares ("Shares") at an issue price of $0.0125 per Share ("Placement"). The Placement is to be undertaken in two tranches:

- Tranche 1: issuing 155,320,000 Shares raising $1,941,500; and

- Tranche 2: issuing 16,000,000 Shares and raising $200,000, to be approved at a shareholders meeting, expected to be 9 December 2024 ("Shareholders Meeting").

The issue date of the Tranche 1 Placement Shares is to take place on 8 November 2024.

Participants in the Placement will also receive, subject to shareholder approval (to be undertaken at the Shareholders Meeting), free attaching options on the basis of one (1) option for every one (1) share issued, with each option having an exercise price of $0.03 and expiry date of 12 January 2026 ("Options"). The Company intends to list the Options as soon as possible. The issue of the Tranche 1 Placement Shares will be made out of the Company's existing placement capacity under Listing Rule 7.1 and 7.1A.

Included in the Tranche 2 Placement is an amount of $90,000 from Iggy Tan, Patrick Scallan and Gernot Abl.

The share issues will also be subject to shareholder approval at the forthcoming shareholders meeting.

The Placement was jointly managed by SP Corporate Advisory (Joint Lead Manager), Ignite Equity (Joint Lead Manager), and GBA Capital (Co-Manager). The costs associated with the Placement was a 6% fee on all funds raised.

Executive Chairman, Mr Iggy Tan stated "We are pleased with the outcome of the Placement in a challenging market, which reaffirms support for the Company's strategy to complete the Definitive Feasibility Study for the Becancour Lithium Refinery. On September 30, 2024, the Company reached a significant milestone, having released the positive and robust Preliminary Feasibility Study, displaying strong fundamentals despite the current low lithium pricing environment.

The Company is highly committed to our shareholders, and I am pleased we can offer them the same investment terms extended to sophisticated and professional investors. The Board and Management Team remains dedicated to engaging with our existing shareholders and delivering against our strategy. If fully subscribed, proceeds from the Placement and Entitlement Offer will strengthen our balance sheet, bringing us closer to establishing an operational lithium conversion plant in Becancour, Quebec."

*To view full details of the Entitlement Offer, please visit:
https://abnnewswire.net/lnk/L4NB5291



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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Lithium Universe Ltd  Proposed issue of securities - LU7

Lithium Universe Ltd Proposed issue of securities - LU7

Melbourne, Australia (ABN Newswire) -



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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Lithium Universe Ltd  Becancour Lithium Refinery DFS Set for Release Next Quarter

Lithium Universe Ltd Becancour Lithium Refinery DFS Set for Release Next Quarter

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that the Becancour Lithium Refinery Definitive Feasibility Study (DFS) is at full steam and tracking as expected.

Highlights

- DFS is progressing and on track as expected

- Finalizing capital cost estimate for DFS

- 80% of supplier pricing program completed

- Procurement strategy and material take-offs being finalized

- Engineering design tailored to new site conditions

- Project led by John Loxton, Head of Refinery

- Overseen by Lithium expert, Dr Jingyuan Liu (NED)

The Company completed and announced its Preliminary Feasibility Study (PFS) on September 30, 2024, less than 12 months since engaging Hatch Ltd (Hatch) to commence the engineering study. Since releasing the PFS, the Hatch/LU7 project team has been working at full speed to finalize the capital cost estimates for the upcoming DFS. While the process designs and equipment outlined in the PFS remain unchanged, the next crucial step involves obtaining the remaining fixed-price quotations from vendors.

The Definitive Feasibility engineering is advancing well, focusing on closing interactions with equipment suppliers. Suppliers have been requested to provide a firm offer or a budget price depending on the significance of a package considering cost, lead time, and technical specifications. Design criteria documents for all engineering disciplines have been finalized, and with 80% of supplier interactions now complete, the engineering team is moving toward finalizing material take-offs and related deliverables based on the reference plant. These outputs will serve as the foundation for the final capital cost estimate, ensuring long-lead items can be ordered promptly. This effort will also underpin the project's execution schedule.

In parallel, the procurement strategy is complete, and efforts are now focused on refining the capital cost estimate to achieve an accuracy of +/-20%, with minimal reliance on factored estimates. This accuracy will be achieved by utilising material take-offs and unit rates and confirmed by a Quantitative Risk Assessment (QRA).

Additionally, trade-off optimization studies and the environmental assessment have been completed. Meanwhile, the feasibility engineering design for aspects unique to the Becancour plant, such as the process plant building, site earthworks, and drainage, is well advanced.

The major engineering activities have been completed, including the finalization of the plant layout and the preparation of documentation for key equipment packages, such as datasheets, scopes of work, and specifications. Key tasks such as creating the main power distribution single-line diagram and providing clarifications during the pricing processes have also been accomplished. Additionally, the effective management of process effluent and site runoff has been fully addressed. The development of the package register, material take-offs (MTOs), and comprehensive equipment lists are being finalized in readiness for the commencement of detailed engineering.

On the Lithium Universe side, the project is led by John Loxton, Head of Refinery. John's experience in lithium began in 2010 with Hatch, where he worked on the Jiangsu Lithium Carbonate Plant EPCM for Galaxy Resources in China, overseeing its construction and commissioning. In 2019, he joined Tianqi Lithium as Head of Projects, managing the execution of their investment in a lithium hydroxide processing plant in Kwinana, Western Australia. John successfully led the commissioning of the first train, achieving first product in 2021, and subsequently developed the execution plan and project team for the second, identical train in 2022.

The Becancour project is overseen by Lithium Universe Non-Executive Director, Dr. Jingyuan Liu, a widely respected technical expert in the lithium industry. Dr. Liu has served as a consultant on over 20 lithium conversion projects worldwide, from due diligence to commissioning. He previously held the role of General Manager of Development and Technologies at Galaxy Resources Limited, where he oversaw the construction and commissioning of the world-renowned Jiangsu Lithium Carbonate plant. Since then, he has acted as a special advisor to various global lithium carbonate and lithium hydroxide projects, including Tianqi's Lithium Hydroxide Plant in Kwinana, Western Australia.

Lithium Universe Head of Lithium Refinery, John Loxton said, "The project is on track to complete the DFS next quarter. Leveraging extensive data from our reference plant has significantly streamlined the process, making it both faster and more cost-effective. We're primarily updating prices for the same plant and equipment we've used before, often working with the same suppliers, which ensures more accurate quotations and reduces the risk of cost overruns. While some new work includes civil and design specific to the new site conditions, the majority of the engineering has been based on the reference plant."

To watch a Video of John Loxton explaining the refinery construction, please visit:
https://www.abnnewswire.net/lnk/1918Z8C3



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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VIDEO: Lithium Universe Limited  CEO Alex Hanly Discusses the Becancour Lithium Refinery PFS

VIDEO: Lithium Universe Limited CEO Alex Hanly Discusses the Becancour Lithium Refinery PFS

Brisbane, Australia (ABN Newswire) - The Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) strategy emphasizes developing a robust lithium refinery project in Becancour, designed to be viable even in low-price environments and ready to capitalize on price recovery. LU7 aims to close the lithium conversion gap by focusing on both resource development and end-market projects. The financial model demonstrates strong economic viability with a pre-tax NPV8% of US$779M, an IRR of 23.5%, and a payback period of 3.5 years, based on a lithium carbonate price of US$20,970/t and spodumene at US$1,170/t. The project has an expected annual revenue of US$383M and an EBITDA of US$147M, with a break-even lithium carbonate price of US$14,000/t.

LU7 plans to address global lithium conversion challenges by using proven Jiangsu Refinery technology, with a plant designed to produce 18,270 tonnes/year of battery-grade lithium carbonate. The design focuses on smaller, easier-to-operate facilities. The plant is strategically located in Quebec, which offers cost benefits like green energy and proximity to major lithium markets in North America. Powered by Hydro Quebec, the project aims for a 95% reduction in greenhouse gas emissions.

To Watch the Video, please visit:
https://www.abnnewswire.net/lnk/575S0398



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

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Livium Ltd

Livium Awarded ~A$850k Grant by WA Government to Develop a Battery Recycling Facility

Livium Ltd (ASX: LIT) ("Livium" or the "Company") is pleased to announce that its wholly owned subsidiary Envirostream Australia Pty Ltd ("Envirostream") - which is leading Australia's battery recycling industry - has been awarded a -AS850k grant from the Western Australia ("WA") government. This funding will be used to support the development of Envirostream's battery recycling facility in WA, marking a significant milestone in Envirostream's efforts to build a nationwide solution for electronic waste ("e-waste") management.

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Total Voting Rights

In conformity with the Disclosure Guidance and Transparency Rules ("DTRs") of the Financial Conduct Authority (the "FCA"), CleanTech Lithium, an exploration and development company advancing lithium projects in Chile for the clean energy transition, announces that as at the date of this announcement the Company's issued share capital consists of 167,889,592 ordinary shares of 1p each with voting rights (the "Ordinary Shares").

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Entitlement Issue Prospectus

Lithium Universe (ASX:LU7) presents this entitlement issue prospectus.

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Quarterly Report Highlights

Strong Preliminary Feasibility for Bécancour Lithium Refinery

Lithium Universe Limited (‘LU7’) is pleased to present its Quarterly Activities and Cash Flow Report.

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Exploration Update

Octava Minerals Limited (ASX:OCT) (“Octava” or the “Company”), a Western Australia focused explorer of the new energy metals REE’s, antimony, gold & nickel, is pleased to provide an exploration update on its Western Australian exploration projects.

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Lithium Universe

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