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Melbourne, Nov 15, 2024 AEST (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (KU00:FRA) (LUVSF:OTCMKTS) is pleased to announce that its Chairman, Iggy Tan, recently participated in an interview titled "Quebec Carbonate" on the Rock Stock Channel Podcast.
The interview emphasises the Company's strategic choice to focus on lithium carbonate over hydroxide, reflecting shifting market demand towards safer and cheaper lithium iron phosphate (LFP) batteries. Mr Tan outlines the competitive advantages of Quebec for lithium processing, including access to inexpensive hydro power, lower labor costs (vs Australia), proximity to mines, and favourable tariff conditions. He reports strong financial projections of the Company's PFS based on conservative pricing assumptions, indicating a robust internal rate of return and payback period for their operations.
The interview underscores the urgency and growth potential for lithium supply chains outside of China, positioning Lithium Universe as a key player in this sector.
Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.
ASX:LU7) (
Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.
