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Lithium Universe releases positive pre-feasibility study results for Bécancour refinery

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Small Caps

Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the robust results obtained from the company's prefeasibility study into its Bécancour refinery in Quebec, Canada.

The PFS confirmed the viability even in a low pricing environment of this key infrastructure element in Lithium Universe's critical metals development strategy.

The study further confirmed the value of Lithium Universe's countercyclical design where it will be able to develop projects at times of low prices that will be well placed when there is a recovery.

The company has also confirmed it is making good progress with offtake discussions with parties interested in its Lithium Conversion Gap strategy.

The company is now focussed on completing a full definitive feasibility study as it closes in on a Final Investment Decision for Bécancour.

Article:
https://smallcaps.com.au/lithiumuniv...

For more information on Lithium Universe:
https://smallcaps.com.au/stocks/asxlu7/'>https://smallcaps.com.au/stocks/asxlu7/



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posted by florin6r