**Lithium Universe: Closing the ‘Lithium Conversion Gap’ in North America**
Lithium Universe (ASX:LU7) is on a mission to bridge the ‘Lithium Conversion Gap’ in North America by establishing a mine-to-battery-grade lithium carbonate strategy in Québec, Canada. The company aims to meet the supply chain requirements of original equipment manufacturers (OEMs), particularly in the automotive sector, by converting spodumene supply into lithium chemicals for electric vehicle (EV) battery plants in North America.
**The ’Lithium Conversion Gap’**
With over 20 major manufacturers planning to deploy an estimated 1,000 GW of battery capacity in North America, the demand for lithium carbonate is set to skyrocket. Canada, specifically Québec, has emerged as a key player in the global lithium-ion battery supply chain, with a large concentration of companies dedicated to lithium exploration and development in the region. The cumulative lithium resource in Québec alone exceeds 500Mt, showcasing the region’s potential as a lithium hotspot.
**‘Lithium Dream Team’**
To execute its strategy successfully, Lithium Universe has assembled a team of seasoned lithium experts, known as the ‘Lithium Dream Team’. Led by Chairman Iggy Tan, the team boasts extensive experience in hard rock lithium extraction and downstream operations. Tan, a pioneer in the lithium industry, has a track record of successful lithium projects, including the Mt Cattlin spodumene project and the Jiangsu lithium carbonate plant.
**Lithium Carbonate Refinery**
The company’s flagship project, the Québec Lithium Processing Hub, includes a concentrator and a battery-grade lithium carbonate refinery. The refinery, designed using advanced Western process control techniques, aims to replicate the success of previous projects to ensure efficient operations. By leveraging established suppliers and engineering firms, Lithium Universe minimizes operational risks and ensures high-quality product output.
**Meet the Management Team**
The strong leadership team at Lithium Universe is equipped with decades of experience in the mining and lithium industries. Led by Executive Chair Iggy Tan and CEO Alex Hanly, the team includes industry veterans such as Pat Scallan and Dr. Jingyuan Liu, who bring a wealth of knowledge and expertise to the table. With a focus on operational efficiency and strategic growth, the management team is dedicated to driving the company’s success in the lithium market.
**Next Steps**
As Lithium Universe progresses with its lithium carbonate refinery project in Québec, all eyes are on the company’s innovative approach to closing the ‘Lithium Conversion Gap’ in North America. With a strong team, strategic partnerships, and a clear vision for the future, Lithium Universe is poised to become a key player in the evolving lithium market.
For more information about Lithium Universe and its groundbreaking projects, visit [here](https://investingnews.com/lithium-universe/overview).
*Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your research before investing in any company or project.*