Lithium Universe Ltd Implements Proven Procurement Strategy for Bécancour Lithium Refinery
In a strategic move, Lithium Universe Ltd (ASX:LU7) has decided to implement the ‘same equipment, same supplier’ procurement strategy for its upcoming Bécancour Lithium Refinery in Québec, Canada. This procurement approach, previously successful at Galaxy Resources’ project, involves utilizing proven equipment designs from top-quality suppliers. Key LU7 personnel recently visited Hatch Ltd’s Shanghai office and suppliers to solidify this strategy, aiming to ensure reliable quality and reduce engineering work for the project’s definitive feasibility study (DFS). By leveraging suppliers’ experience, the company expects to expedite the engineering process, reduce costs, and mitigate scheduling disruptions.
Supporting Canada’s Battery Supply Chain with Innovative Lithium Refinery Design
Lithium Universe Ltd is on a mission to bridge North America’s lithium conversion gap and support Canada’s battery supply chain with its innovative Bécancour Lithium Refinery design. Test work conducted at Linyi University Lithium Research Centre has shown promising results, indicating that Bécancour’s design can produce battery-grade lithium carbonate from various spodumene concentrates while meeting stringent specifications. The ongoing test program at the facility plays a crucial role in the DFS, with results validating the process design. LU7 plans to establish a vertically integrated lithium processing hub, leveraging the design’s flexibility to process feedstocks from multiple sources globally.
Creating a Sustainable Future with Vertically Integrated Lithium Processing Hub
By implementing a proven procurement strategy and innovative design for the Bécancour Lithium Refinery, Lithium Universe Ltd is paving the way for a sustainable future. The company’s focus on establishing a vertically integrated lithium processing hub not only showcases its commitment to efficiency and quality but also highlights its dedication to supporting the global battery supply chain. With a strong emphasis on reliability, cost reduction, and supplier experience, LU7 is set to revolutionize the lithium processing industry and make a significant impact on the renewable energy sector.
In conclusion, Lithium Universe Ltd’s utilization of a proven procurement strategy and innovative design for the Bécancour Lithium Refinery underscores its commitment to efficiency, quality, and sustainability in the lithium processing industry. By bridging the lithium conversion gap in North America and supporting Canada’s battery supply chain, LU7 is at the forefront of driving innovation and creating a more sustainable future for the renewable energy sector.