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Lithium Universe Reveals Promising Refinery Feasibility
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Lithium Universe Reveals Promising Refinery Feasibility

Esports Mogul Limited (AU:LU7) has released an update.

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Lithium Universe Limited announces a positive Preliminary Feasibility Study for its Bécancour Lithium Refinery, showing a strong economic viability with a pre-tax NPV of US$779 million, an IRR of 23.5%, and a payback period of 3.5 years. The project, utilizing proven Jiangsu Refinery technology, aims to produce green battery-grade lithium carbonate and boasts significant environmental benefits with a 95% GHG emission reduction. With off-take discussions in progress, the company is advancing towards a full Definitive Feasibility Study.

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