Lithium Universe has secured a binding long term spodumene offtake agreement to underpin feedstock supply for its planned Bécancour Lithium Refinery in Québec, addressing a key execution risk ahead of commissioning.
Lithium Universe (ASX:LU7) says its Bécancour Lithium Refinery in Québec is now materially better positioned after battery grade lithium carbonate prices doubled to around US$24,000 per tonne, exceeding the DFS long term price assumption of US$20,970 per tonne.
Olympio Metals has acquired an 80% stake in the Dufay Copper-Gold Project on Quebec’s renowned Cadillac Break, targeting high-grade copper and gold potential in an underexplored, world-class mineralised corridor.
Lithium Universe is combining sound economics with proven technology to position its Bécancour Refinery as a reliable, scalable solution in a market increasingly focused on sustainability.
Bécancour is LU7’s preferred port of call for direct shipping of up to 140,000 tonnes of lithium-rich spodumene a year.