Lithium Universe looks to close the lithium conversion gap in North America
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 Published On Apr 10, 2024

Lithium Universe (ASX: LU7) chief executive officer Alex Hanly joins Small Caps to discuss the company’s progress with its plans to support the North American supply chain.

With a strategy focused on Canada’s lithium riches and preferred lithium iron phosphate (LFP) battery technology, Lithium Universe is helping to address the gap in lithium conversion capacity in North America.

The company has pulled together a “dream team” of lithium specialists to drive its multi-faceted strategy in what is one of the most active battery metal markets in the world.

A major surge in battery manufacturing is anticipated in North America, with more than 20 major manufacturers planning to deploy an estimated 1,000GW of battery capacity.

At the same time Canada has been rated as the number one jurisdiction in BloombergNEF's Global Lithium-Ion Battery Supply Chain Ranking.

A key component of Lithium Universe’s mine-to-battery-grade lithium carbonate strategy is its advancing Québec Lithium Processing Hub (QLPH).

Articles:
https://smallcaps.com.au/lithium-univ...
https://smallcaps.com.au/lithium-univ...
https://smallcaps.com.au/lithium-univ...

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

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