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Esports Mogul Limited ( (AU:LU7) ) has issued an update.
Lithium Universe Limited has signed a non-binding Memorandum of Understanding with Lafarge Canada Inc. for the exclusive supply of Aluminosilicate Secondary Product (ASCR) from the Bécancour Lithium Refinery. This agreement aims to enhance the compressive strength and reduce production costs in the Canadian cement industry. The collaboration will bolster North American battery material supply chains and promote sustainable innovation in Canada’s cement industry, contributing to a more circular economy in Québec and greener construction materials.
More about Esports Mogul Limited
Lithium Universe Limited is a company involved in the production and supply of lithium and related products. It is focused on the development of lithium refineries and the marketing of aluminosilicate by-products as cement additives, with an emphasis on enhancing cement strength and durability while reducing production costs.
Average Trading Volume: 2,219,754
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.09M
See more insights into LU7 stock on TipRanks’ Stock Analysis page.