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



Contact:
Alex Hanly
Chief Executive Officer
Lithium Universe Limited
Tel: +61 448 418 725
Email: info@lithiumuniverse.com

Iggy Tan
Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

News Provided by ABN Newswire via QuoteMedia

LU7:AU
The Conversation (0)
Macquarie Electro Jet Silver Extraction Recovery

Macquarie Electro Jet Silver Extraction Recovery

Lithium Universe (LU7:AU) has announced Macquarie Electro Jet Silver Extraction RecoveryDownload the PDF here. Keep Reading...
Acquisition of Silver Extraction Technology

Acquisition of Silver Extraction Technology

Lithium Universe (LU7:AU) has announced Acquisition of Silver Extraction TechnologyDownload the PDF here. Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Lithium Universe (LU7:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Lithium Universe Ltd  Quarterly Activities Report

Lithium Universe Ltd Quarterly Activities Report

Melbourne, Australia (ABN Newswire) - During the June quarter, Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) announced the acquisition of the global rights to commercially exploit a patented photovoltaic solar panel recycling technology known as "Microwave Joule Heating... Keep Reading...
Completion of PV Solar Cell Recycling Acquisition

Completion of PV Solar Cell Recycling Acquisition

Lithium Universe (LU7:AU) has announced Completion of PV Solar Cell Recycling AcquisitionDownload the PDF here. Keep Reading...
Spartan Metals Expands Victorio Tungsten-Molybdenum Resource with Measured and Indicated Grades of 0.25% MoEq or 0.15% WO3Eq

Spartan Metals Expands Victorio Tungsten-Molybdenum Resource with Measured and Indicated Grades of 0.25% MoEq or 0.15% WO3Eq

84.54 million short tons Measured and Indicated at 0.10% WO₃ and 0.09% Mo(0.15% WO₃Eq or 0.25% MoEq) 101.84 million short tons Inferred at 0.09% WO₃ and 0.06% Mo(0.13% WO₃Eq or 0.22% MoEq) Spartan Metals Corp. (TSXV: W) (OTCQB: SPRMF) (FSE: J03) ("Spartan" or the "Company"), an exploration and... Keep Reading...
SAGA Metals Completes Diamond Drill Program at the Wolverine Rare Earth Project - All 22 Holes Totalling 3,241 Metres Intersect Prospective REE-Bearing Alteration

SAGA Metals Completes Diamond Drill Program at the Wolverine Rare Earth Project - All 22 Holes Totalling 3,241 Metres Intersect Prospective REE-Bearing Alteration

Saga Metals Corp. (TSXV: SAGA) (OTCQX SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to announce the successful completion of its maiden diamond drill program at the 100%-owned Wolverine Heavy Rare Earth... Keep Reading...
High-Grade Expansion Continues at Webbs-Exceptional Results

High-Grade Expansion Continues at Webbs-Exceptional Results

Rapid Critical Metals (RCM:AU) has announced High-Grade Expansion Continues at Webbs-Exceptional ResultsDownload the PDF here. Keep Reading...
SAGA Metals Reports Final Titanium, Vanadium and Iron Assays from MRE Drilling--Maiden Mineral Resource Estimate Imminent

SAGA Metals Reports Final Titanium, Vanadium and Iron Assays from MRE Drilling--Maiden Mineral Resource Estimate Imminent

MRE PROGRAM HIGHLIGHTS:22,432 METRES. 85 HOLES. DRILLING COMPLETE. SAGA's MRE drilling campaign completed in less then ten months across Trapper North, Transition and South zones.100% MINERALIZATION HIT RATE WITH BROAD OXIDE INTERCEPTS. Every MRE hole intersected oxide mineralization, with... Keep Reading...
SAGA Metals Reports Final Titanium, Vanadium and Iron Assays from MRE Drilling-Maiden Mineral Resource Estimate Imminent

SAGA Metals Reports Final Titanium, Vanadium and Iron Assays from MRE Drilling-Maiden Mineral Resource Estimate Imminent

MRE PROGRAM HIGHLIGHTS: 22,432 METRES. 85 HOLES. DRILLING COMPLETE. SAGA's MRE drilling campaign completed in less then ten months across Trapper North, Transition and South zones. 100% MINERALIZATION HIT RATE WITH BROAD OXIDE INTERCEPTS. Every MRE hole intersected oxide mineralization, with... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

QEM Limited (QEM:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News