- Iggy Tan’s Lithium Universe (ASX:LU7) is reporting “outstanding progress” in the engineering study for its Quebec lithium facility
- The Quebec Lithium Processing Hub (QLPH) is a stand alone multi-purpose concentrator facility
- The QLPH is a crucial element of the company’s overall strategy
- The concentrator’s rated for one million tonnes of output per annum
- Shares last traded at 3.7 cents
Iggy Tan’s Lithium Universe (ASX:LU7) – Iggy Tan the head brain behind Altech Batteries (ASX:ATC) – has commended Canadian engineering study partner Primero.
Primero is spearheading the study that looks at LU7’s QLPH, the keystone industrial asset underpinning its Canadian lithium production strategy.
The QLPH will be a stand-alone multi-purpose concentrator rated at one million tonnes of production per annum.
The asset’s design is similar to downstream assets onsite Allkem’s (AKE) Mt Cattlin project.
“Outstanding progress”
Lithium Universe described the pace of Primero’s study as highlighting “outstanding progress.”
“The engineering study’s progress for the QLPH stand-alone concentrator by Primero has been exceptional, setting the stage for the Definitive Feasibility Study (DFS),” Lithium Universe Chairman Iggy Tan.
“Most companies conducting a study of this calibre typically take at least six to nine months to reach this point.
“Looking ahead, finalizing equipment specifications and data sheets represents the next step, enabling us to approach suppliers for concrete pricing. The ongoing progress and achievements continue to impress us.”
The plant in question will handle ore from James Bay, Canada’s hottest lithium region.
Final design
Once complete, the QLPH will be a four-stage crushing plant to generate crushed ore from 0.85mm to 6mm in size.
A flotation unit, meanwhile, will handle fines smaller than 0.85mm in size.
All spodumene captured from fines sub 0.85mm will be blended with the final concentrate.
Where the QLPH differs from Mt Cattlin’s downstream concentrator is the inclusion of a flotation unit.
LU7 shares last traded at 3.7 cents.