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An announcement from Esports Mogul Limited ( (AU:LU7) ) is now available.
Lithium Universe reported strong progress in both its lithium refining and silver recycling initiatives, advancing plans for a second lithium carbonate refinery in Brownsville, Texas, to complement its priority Bécancour project in Québec and support surging North American battery demand. The company also secured $2.5 million in funding, moved into engineering design for a modular demonstration plant integrating MJHT and JESE high‑purity silver extraction technology, and entered an MOU with Taiwan’s RePV Tech to link delamination and silver recovery processes, while research breakthroughs in electrode design and process chemistry significantly improved silver purity, reduced acid use, and positioned LU7 to capitalise on a recovering lithium price environment and growing critical minerals policy support in the US.
The most recent analyst rating on (AU:LU7) stock is a Hold 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 (LU7) operates in the critical minerals sector, focusing on lithium refining and advanced recycling technologies for materials such as silver from solar panels. Its primary projects include the flagship Bécancour lithium carbonate refinery in Québec and a planned expansion into North America’s battery and solar value chain, underpinned by proprietary extraction technologies developed with Macquarie University.
Average Trading Volume: 2,466,415
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.39M
For an in-depth examination of LU7 stock, go to TipRanks’ Overview page.