Lithium Universe Ltd. is pleased to announce the signing of a Memorandum of Understanding to partner on logistics of essential chemical products for Lithium Universe's Becancour Lithium Refinery operations. Highlights - Strategic local chemical logistics partnership with Servitank - Single logistics supplier capable of sourcing multiple process [...]
Lithium Universe Ltd. 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 [...]
Lithium Universe Ltd. is pleased to announce that further to its announcement dated 31 October 2024 , it has now settled the first tranche of its share placement to sophisticated and professional investors . Highlights - Successful settlement of Tranche 1 of the share placement to sophisticated and professional investors, raising $1.94 million [...]
Lithium Universe Ltd. recently announced the results of its Preliminary Feasibility Study for the Becancour Lithium Carbonate Refinery in Quebec, Canada. The PFS confirms the viability of a strong lithium conversion project, even within a below-average pricing environment. The Company plans to build a reliable, low-risk lithium conversion refinery [...]
Lithium Universe Ltd. is pleased to announce the following Placement. Highlights - Binding commitments received to raise $2.14 million - Launch of pro-rata Non-Renounceable Entitlement Offer to raise $1.02 million - Issue price of the Placement and Entitlement Offer is $0.0125 per share - A total of $3.16 million in capital raising - Participants [...]
About Lithium Universe Ltd: Lithium Universe Ltd. , headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Ltd.. Instead of exploring for the sake of exploration, Lithium [...]
Lithium Universe Ltd. is pleased to announce that the Becancour Lithium Refinery Definitive Feasibility Study is at full steam and tracking as expected. Highlights - DFS is progressing and on track as expected - Finalizing capital cost estimate for DFS - 80% of supplier pricing program completed - Procurement strategy and material take-offs being [...]
The Lithium Universe Ltd. strategy emphasizes developing a robust lithium refinery project in Becancour, designed to be viable even in low-price environments and ready to capitalize on price recovery. LU7 aims to close the lithium conversion gap by focusing on both resource development and end-market projects. The financial model demonstrates [...]
Lithium Universe Ltd. is pleased to announce the results of its Preliminary Feasibility Study for the Becancour Lithium Carbonate Refinery in Quebec, Canada. The PFS confirms the viability of a strong lithium conversion project, even within a below-average pricing environment. Highlights The Lithium Universe Strategy - Positive, robust Becancour [...]
Lithium Universe Ltd. outlines the following update in respect to the activities of the Company. Performance Rights The Company refers to the allotment of performance rights to Mr Fadi Diab on 12 July 2024 . It is noted that despite Mr Diab's resignation as a director of the Company, Mr Diab is entitled retain his performance rights for the [...]
Lithium Universe Ltd. is pleased to announce the forming of a joint committee and collaboration with the Tribal Council representing the Abenaki Council of Odanak and the Abenaki Council of Wolinak . This initiative aims to foster ongoing information exchange and mutual understanding, maintaining a strong relationship based on dialogue [...]
Lithium Universe Ltd. is pleased to announce it has been officially quoted on the Frankfurt Stock Exchange and US-based OTC Markets Group platform , allowing its securities to be readily accessed by European and North American investors. The Company is quoted under . The Frankfurt Stock Exchange , also known as the Borse Frankfurt, is one of the [...]