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Esports Mogul Limited Ventures into Solar Cell Recycling Amidst Lithium Market Slump

Story Highlights
  • Esports Mogul Limited is entering the solar energy sector with PV solar cell recycling.
  • The company aims to add value during the lithium market downturn through strategic partnerships.
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Esports Mogul Limited Ventures into Solar Cell Recycling Amidst Lithium Market Slump

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The latest update is out from Esports Mogul Limited ( (AU:LU7) ).

Esports Mogul Limited has announced a strategic move into the solar energy sector by leveraging microwave Joule heating delamination technology for photovoltaic (PV) solar cell recycling. This initiative is part of their counter-cyclical strategy to add value during a downturn in the lithium market, with the company securing partnerships and land for a lithium refinery and exploring opportunities with Macquarie University to accelerate development.

More about Esports Mogul Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$6.07M

For a thorough assessment of LU7 stock, go to TipRanks’ Stock Analysis page.

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