Published On Sep 29, 2024
Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the robust results obtained from the company's pre-feasibility study into its Bécancour refinery in Quebec, Canada.
The PFS confirmed the viability - even in a low pricing environment - of this key infrastructure element in Lithium Universe's critical metals development strategy.
The study further confirmed the value of Lithium Universe's counter-cyclical design where it will be able to develop projects at times of low prices that will be well placed when there is a recovery.
The company has also confirmed it is making good progress with offtake discussions with parties interested in its Lithium Conversion Gap strategy.
The company is now focussed on completing a full definitive feasibility study as it closes in on a Final Investment Decision for Bécancour.
Article:
https://smallcaps.com.au/lithium-univ...
For more information on Lithium Universe:
https://smallcaps.com.au/stocks/asx-lu7/
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