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Lithium Universe (ASX:LU7) is sniffing around a potential site in the Port of Brownsville’s Business Park in Texas, as the company looks to establish large-scale photovoltaic (PV) recycling operations in the States.
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This content has been prepared as part of a partnership with Lithium Universe Ltd and is intended for informational purposes only.
The site LU7’s been investigating is in the port’s industrial precinct, giving it access to utilities, transportation corridors, and deep-water port facilities.
Should the company move in, it would immediately boast “logistical flexibility” through sea, road, and rail networks, which would “allow efficient movement of end-of-life solar panels and recovered materials.” Those materials would include silver, silicon, and other critical metals sent both across the U.S. and internationally.
The exact shape of the lot – described as “large and rectangular” – is another top selling point Lithium Universe is mulling over; HotCopper understand it would fit the company’s plotted plant design nearly exactly.
There’s plenty of room to grow, too, with capacity for delamination, metal recovery, warehousing, and then an eventual upsizing, all possible there.
“In addition to Australia, Texas presents LU7 with a strategic opportunity – its rapid solar expansion, supportive legislation, and Brownsville’s robust infrastructure position make it an ideal hub,” LU7’s chairman, Iggy Tan, explained.
“By establishing scalable, cost-effective PV recycling operations, LU7 aims to support sustainability while driving the circular economy for critical solar materials.”
That “supportive legislation” Mr Tan mentioned may be what tips the scales into a “buy” approach for Lithium Universe; New state bills require solar developers to prepare for decommissioning and recycling, which sets up a perfect framework for the company regarding long-term service demand.
When combined with faster permitting already in place and the state’s “reduced regulatory friction,” Texas is very quickly emerging as an attractive market for industrial-scale PV recycling – which LU7 loves.
LU7 has been trading +7.7% higher today; it’s at 1.4cps.
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