Lithium Universe Ltd. is pleased to announce that the Company's key lithium Board members and CEO visited Hatch Ltd's Shanghai procurement office to establish the procurement strategy for the Becancour Lithium Project. Lithium Universe aims to replicate the procurement success in Jiangsu at the Becancour Lithium Refinery in Quebec. Jiangsu had 60-70% of its plant supplied by top-quality Chinese suppliers, with the [...]
Lithium Universe Ltd. is pleased to invite shareholders and potential investors to attend an investor webinar on MarketOpen Direct Connect to be held on Wednesday 15th May 2024, 5:00pm AEST/ 3:00pm AWST. Chief Executive Officer Alex Hanly will participate in a moderated Q&A of which questions can be submitted through the company's InvestorHub. Please register for free via the link below and view live via zoom [...]
Lithium Universe Ltd. is pleased to announce that the ongoing testwork program shows that battery-grade lithium carbonate can be produced from the various types of spodumene concentrate from around the world using the Becancour Lithium Refinery design. Recently, the Company's key lithium Board members and CEO visited the Definitive Feasibility Study metallurgical testing at the Linyi University Lithium Research Centre , a [...]
In this segment of The Ellis Martin Report, we visit with Alex Hanly, CEO of Lithium Universe Ltd. at the Energy Transition Metals Summit in Washington, DC. Mr. Hanly discusses the reasoning behind the stationing one of North America's only lithium refinery's in Becancour, Quebec, Canada. This plant will serve as a receiver of lithium feedstock from several places globally in addition to scores of Canadian companies [...]
Lithium Universe Ltd. is pleased to provide insights from a recent trip conducted by key members of the Board and the CEO, to various Chinese lithium producers. The trip, led by Executive Chairman, Iggy Tan, along with Board directors Patrick Scallan and Dr. Jingyuan Liu, alongside CEO Alex Hanly, aimed to gather direct feedback from industry executives, validate LU7 process design, reaffirm construction philosophy, and [...]
Lithium Universe Ltd. is pleased to advise that it has completed a $3,644,333.34 million capital raising to sophisticated investors, at a price of $0.02 for each one fully paid ordinary share subscribed. Highlights - Binding subscription agreements for $3,644,333.34 - Further development of the Quebec Lithium Processing Hub strategy - Capital raising in two tranches: o Tranche 1 - 95,016,667 shares at $0.02 per share [...]
Lithium Universe Ltd. is pleased to announce that the Company is taking a significant step towards the production of greener battery-grade lithium carbonate at the proposed Becancour Lithium Refinery. Highlights - Application for 18 MW of green power for Becancour Lithium Refinery - Hydro-Quebec is a leading supplier of hydropower - Strategy to produce greener battery-grade lithium carbonate - Engineering study finalises [...]
Led by lithium pioneer, Iggy Tan, Lithium Universe Ltd. has gathered a big team of lithium industry experts with proven experience and a track record of successfully constructing and commissioning lithium projects on time and budget. The team consists of mainly former Galaxy Resources executives who successfully built and commissioned the world-class Mt Cattlin Spodumene Concentrator in Western Australia and the Jiangsu [...]
Lithium Universe provides a strategic update on addressing the gap in lithium conversion capacity and enhancing the North American supply chain. North America anticipates a surge in battery manufacturing, with over 20 major manufacturers planning to deploy an estimated 1,000GW of battery capacity. Canada has ascended to the top spot in Bloomberg NEF's Global Lithium-Ion Battery Supply Chain Ranking, signalling its [...]
Lithium Universe is pleased to announce the successful completion of a port study aimed at determining the most efficient import scenario for lithium-rich spodumene to supply the Becancour Lithium Refinery. The proposed refinery, which will rely on spodumene feed, may source this material from within Canada or external locations proximal to the Atlantic Ocean such as Brazil, Africa, or even further abroad to Australia [...]
Lithium Universe is delighted to announce the opportunity for eligible shareholders of the Company to participate in an equity raising via a SPP, targeting to raise up to $A3.0 million. SPP offered to raise working capital and reward former Mogul Games Group Limited and IPO shareholders. SPP at an issue price of $0.02 per share. Represents a 9.09% discount to the closing price of $0.022 per share on 12 March 2024 and a [...]