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Esports Mogul Limited ( (AU:LU7) ) has provided an announcement.
Lithium Universe Limited has advanced plans for a second lithium refinery in Brownsville, Texas, after its executive team completed a detailed site visit that confirmed the location’s potential to host a full replication of the company’s proposed Bécancour refinery design, with adaptations mainly for hurricane resilience and extreme-weather preparedness. The Brownsville project is intended to operate in parallel with the Québec facility as part of a binational refining network designed to help close North America’s lithium conversion gap, align with US critical-minerals policy, and provide scalable capacity for battery-grade lithium carbonate production, while offering room for future expansion and a potential PV Recycling Silver Extraction Project; following the positive assessment, the company is proceeding to a land lease application and a scoping study, reinforcing its effort to become one of the few players able to deploy multiple lithium refining trains in the region.
The most recent analyst rating on (AU:LU7) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Esports Mogul Limited stock, see the AU:LU7 Stock Forecast page.
More about Esports Mogul Limited
Lithium Universe Limited is an ASX-listed company focused on developing lithium refining capacity to serve the rapidly growing electric vehicle, stationary energy storage and critical minerals markets in North America. Its primary projects include the flagship Bécancour Lithium Refinery in Québec and a broader binational refining platform strategy, using a repeatable engineering model to deploy multiple lithium-carbonate production trains across Canada and the United States, underpinned by spodumene feedstock from Brazil, Africa and the US.
Average Trading Volume: 5,076,837
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.39M
See more insights into LU7 stock on TipRanks’ Stock Analysis page.