Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)
Lithium
44.03
(0.23%)
Gold
2,655.30
(0.31%)
Copper
4.35
(1.11%)
Oil
70.90
(0.85%)
Bitcoin
65,249.78
(1.23%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,077.89
0.08%
Dow Jones
43,065.22
0.62%
Iron Ore
107.30
(0.27%)
USD/AUD
0.67
(0.28%)
Hang Seng
20,672.55
(1.78%)

Lithium Universe (ASX: $LU7) unveils quebec lithium refinery plans

Lithium Universe Limited (ASX:LU7) Preliminary Feasibility Study Results


Lithium Universe Limited (ASX:LU7) has announced the results of its Preliminary Feasibility Study (PFS) for the Bécancour Lithium Carbonate Refinery in Québec, Canada. The study 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.

Executive Commentary on Strategic Positioning and Market Opportunities


The project demonstrates strong financial viability with a pre-tax Net Present Value (NPV) of approximately US$779 million, an Internal Rate of Return (IRR) of around 23.5%, and a payback period of 3.5 years, even with conservative price assumptions. We are strategically positioning ourselves to address the lack of operational converters in North America and the growing demand for lithium conversion in the region. Québec's advantages in terms of low-cost, green energy and proximity to major electric vehicle and energy storage manufacturers make it an ideal location for our refinery.

Strategic Outlook and Project Progression


Lithium Universe Limited's Bécancour Lithium Refinery project in Quebec, Canada, aims to bridge the 'Lithium Conversion Gap' in North America. The company plans to develop a mine-to-battery-grade lithium carbonate strategy, contributing to the local economy and addressing the growing demand for lithium conversion. With strong financial viability, a counter-cyclical strategy, and a focus on strategic positioning, the company is actively engaging with stakeholders, seeking financing, and ensuring regulatory compliance as it progresses towards the Definitive Feasibility Study (DFS) phase.

LITHIUM UNIVERSE LIMITED
LU7 | ASX | Materials
0.018-0.001(-5.26%)
At close 14/10 (AEDT)
Market cap
$14.7M
Volume
3,042,240
DY Yield
PE Ratio
52 Week Range
0.01 - 0.048
1YR Return
N / A

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