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Esports Mogul Limited Acquires Solar Panel Recycling Technology and Advances Lithium Refinery

Story Highlights
  • Esports Mogul Limited acquired rights to a new solar panel recycling technology.
  • The company advances its Bécancour Lithium Refinery project with positive economic prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Esports Mogul Limited Acquires Solar Panel Recycling Technology and Advances Lithium Refinery

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

Esports Mogul Limited has acquired global rights to a new photovoltaic solar panel recycling technology developed by Macquarie University, which uses microwave technology to improve the recovery of critical minerals from solar cells. This acquisition aligns with the company’s strategy to enhance mineral processing technology and infrastructure for the circular economy. Additionally, the company is advancing its Bécancour Lithium Refinery project, with a positive financial investment decision and ongoing discussions with spodumene concentrate producers. The project is economically viable, with competitive operating costs and significant revenue potential, positioning the company to benefit from a future rebound in the lithium market.

More about Esports Mogul Limited

Average Trading Volume: 41,921,730

Technical Sentiment Signal: Sell

Current Market Cap: A$8.13M

For an in-depth examination of LU7 stock, go to TipRanks’ Overview page.

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