Lithium Universe Ltd (ASX:LU7) Quebec Carbonate Interview

2024-11-14 11:29:12

(MENAFN- ABN Newswire)

Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) 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 phosphate (LFP) batteries. Mr Tan outlines the competitive advantages of Quebec for lithium processing, including access to inexpensive hydro power, lower labor costs (vs Australia), proximity to mines, and favourable tariff conditions. He reports strong financial projections of the Company's PFS based on conservative pricing assumptions, indicating a robust internal rate of return and payback period for their operations.
The interview underscores the urgency and growth potential for lithium supply chains outside of China, positioning Lithium Universe as a key player in this sector.
To view the Interview, please visit:
-p src="http://www.abnnewswire.net/images/buts/linkedin-social.png" border="0">

Alex Hanly Chief Executive Officer Lithium Universe Limited Tel: +61 448 418 725 Email: ... Iggy Tan Chairman Lithium Universe Limited Email: ...

MENAFN14112024000111011020ID1108889004

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.