Lithium Universe (ASX: LU7) opens the door for processing of global spodumene sources in Canada (w/ Alex Hanly)

Small Caps

Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the company's decision to commence metallurgical testing on sources of spodumene from around the globe.

The company's strategic move is in response to what it describes is a “lithium conversion capacity gap” in the North American market.

It is already bringing in samples from Australia and South America, featuring various lithium grades as part of its metallurgical laboratory processing in the company’s contracted laboratory.

Lithium Universe proposes to utilise a spodumene testing process flow sheet developed for the company’s Québec Lithium Processing Hub (QLPH) refinery.

The help oversee the operation, the company has brought in the internationally regarded lithium expert Dr Jingyuan Liu.

The plan is that he will utilise a testing protocol which matches the lithium carbonate process established for the company's proposed Québec lithium carbonate refinery.

Lithium Universe views the current short-term dip in lithium prices as an advantageous window for finalising feasibility studies before the onset of the next cycle.

Articles:
https://smallcaps.com.au/lithium-universe-north-american-market-gap-global-spodumene-testing/
https://smallcaps.com.au/lithium-universe-quebec-carbonate-refinery-site-port-access-considerations/

For more information on Lithium Universe:
https://smallcaps.com.au/stocks/asx-lu7/

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