Lithium Universe

Corporate Governance

Updates

Announcements

Home

New investors

DM Sans

LU7-Market Analysis-Margins-May 2025-Layout 1.2.pdf

Since we released the positive Definitive Feasibility Study (DFS) in February, the Lithium Universe team and I have been on the road, speaking with numerous investors, industry partners, and potential customers about the Becancour Lithium Carbonate Refinery and our plans to help close the Lithium Conversion Gap in North America. 

During these conversations, the team and I have noticed several recurring misconceptions about the lithium conversion industry. So we compiled this short Market Analysis to help our investors and other interested parties understand the potential profit margins of lithium refineries compared to those of spodumene miners and concentrate producers.

Market Analysis - Margins for Lithium Mining vs Refining