Lithium Universe Restricted (‘LU7’) is happy to current its Quarterly Actions and Money Movement Report.
The Lithium Universe Technique
Optimistic, sturdy Bécancour Refinery PFS even in low pricing environmentLU7 has a counter cyclical technique – develop venture, prepared for value recoveryClosing the Lithium Conversion Hole – development in useful resource and finish market initiatives
The Monetary Modelling
Economically viable with wonderful pre-tax NPV8% of roughly US$779MIRR (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 Li2CO3Operating prices at round US$3,976/tonne; capital value estimate of US$494 millionExpected annual income of approx US$383 million and EBITDA of round US$147 millionProject 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 problemsUsing confirmed Jiangsu Refinery working expertise and lithium trade experienceProducing as much as 18,270 tonnes/yr of inexperienced battery- grade lithium carbonateSmaller off-the-shelf type plant relatively than giant difficult-to-operate facilitiesInitial give attention to lithium carbonate manufacturing – feed for LFP batteriesAssumptions based mostly on actual working knowledge and expertise – not new aspirant
The Location
Québec supreme trans-Atlantic lithium conversion centre, akin to ChinaFeedstock from Canada, Brazil and Africa – finish market North AmericaCritical value advantages – low cost inexperienced energy, transport mine/finish market financial savings, US/Canada tariffs95% GHG emission discount with Hydro Québec’s inexperienced vitality
Subsequent Steps
Offtake discussions with OEMs underwayLU7 continues to progress full Definitive Feasibility Research
LU7 types Committee with W8BANAKI
Formation of committee with W8banaki to progress Bécancour Lithium RefineryCollaboration with W8banaki to help with website impression assessmentW8banaki Nation conventional land custodians of Bécancour Industrial ParkW8banaki representatives maintain important understanding of battery provide chainW8banaki maintain years of expertise collaborating with chemical compounds industryLU7 dedicated to a collaborative and respectful relationship
LU7 finalises FRA and OTC Itemizing
Lithium Universe quoted on the German-basedFRALithium Universe quoted on US-based OTCProviding entry to buying and selling for US, Canadianand European investorsExpansion to broaden investor base into various markets
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