Lithium Universe Restricted (‘LU7’) is happy to current its Quarterly Actions and Money Move Report.
The Lithium Universe Technique
- Optimistic, sturdy Bécancour Refinery PFS even in low pricing surroundings
- LU7 has a counter cyclical technique – develop mission, prepared for worth restoration
- Closing the Lithium Conversion Hole – development in useful resource and finish market tasks
The Monetary Modelling
- Economically viable with wonderful pre-tax NPV8% of roughly US$779M
- IRR (pre-tax) of roughly 23.5% and payback of three.5 years based mostly on;
- Worth forecast of US$1,170/t SC6 and US$20,970/t for battery grade Li2CO3
- Working prices at round US$3,976/tonne; capital price estimate of US$494 million
- Anticipated annual income of approx US$383 million and EBITDA of round US$147 million
- Undertaking break even at round US$780 /t (SC6) and round US$14,000 per tonne Li2CO3
The Design
- LU7 presents an answer to worldwide lithium conversion failures and startup issues
- Utilizing confirmed Jiangsu Refinery working know-how and lithium business expertise
- Producing as much as 18,270 tonnes/yr of inexperienced battery- grade lithium carbonate
- Smaller off-the-shelf type plant somewhat than massive difficult-to-operate services
- Preliminary give attention to lithium carbonate manufacturing – feed for LFP batteries
- Assumptions based mostly on actual working information and expertise – not new aspirant
The Location
- Québec best trans-Atlantic lithium conversion centre, corresponding to China
- Feedstock from Canada, Brazil and Africa – finish market North America
- Vital price advantages – low cost inexperienced energy, transport mine/finish market financial savings, US/Canada tariffs
- 95% GHG emission discount with Hydro Québec’s inexperienced power
Subsequent Steps
- Offtake discussions with OEMs underway
- LU7 continues to progress full Definitive Feasibility Research
LU7 varieties Committee with W8BANAKI
- Formation of committee with W8banaki to progress Bécancour Lithium Refinery
- Collaboration with W8banaki to help with web site affect evaluation
- W8banaki Nation conventional land custodians of Bécancour Industrial Park
- W8banaki representatives maintain vital understanding of battery provide chain
- W8banaki maintain years of expertise collaborating with chemical compounds business
- LU7 dedicated to a collaborative and respectful relationship
LU7 finalises FRA and OTC Itemizing
- Lithium Universe quoted on the German-based
- FRA
- Lithium Universe quoted on US-based OTC
- Offering entry to buying and selling for US, Canadian
- and European traders
- Growth to broaden investor base into various markets
Click on right here for the complete ASX Launch
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