Highlights
– Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd
– Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology
Further details regarding the Microwave Joule Heating Technology are set out in the Company’s announcement dated 18 June 2025.
Commenting on the Acquisition, Lithium Universe’s Executive Chairman, Iggy Tan said:
‘We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels.’
About Lithium Universe Ltd:
Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the ‘Lithium Conversion Gap’ in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.
Source:
Lithium Universe Ltd
Contact:
Iggy Tan
Executive Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com
News Provided by ABN Newswire via QuoteMedia