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Esports Mogul Limited ( (AU:LU7) ) has shared an announcement.
Lithium Universe Limited has announced its strategic advancement in the U.S. market following the classification of silver as a Critical Metal by the U.S. Government. This policy shift underscores the importance of secure domestic supply chains for metals crucial to energy transition and economic security. The company is poised to capitalize on this opportunity through its proprietary recycling technologies, which focus on recovering high-purity silver from end-of-life PV panels. With the U.S. facing a significant increase in PV waste and only a small percentage currently being recycled, Lithium Universe’s site assessments in Texas position it to play a pivotal role in addressing the structural deficit in silver supply, aligning its strategy with U.S. policy directions.
More about Esports Mogul Limited
Lithium Universe Limited operates in the renewable energy sector, focusing on the recycling of photovoltaic (PV) solar panels and the recovery of high-purity silver. The company leverages proprietary technologies to address the growing demand for silver, particularly in the solar industry, and aims to establish a strong presence in the U.S. market.
Average Trading Volume: 8,677,773
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$17.75M
For a thorough assessment of LU7 stock, go to TipRanks’ Stock Analysis page.