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DFS confirms strong project economics: Lithium Universe’s Bécancour lithium refinery in Quebec is projected to generate US$383m annual revenue, with a post-tax NPV of US$449m, IRR of 21%, and a 3.9-year payback, even under conservative pricing assumptions.

Sustainability built in: Capital costs rose to US$549m (up 11%) due to the inclusion of a zero liquid discharge system, enabling full recycling and reuse of process water.

Next steps & market outlook: LU7 is moving into funding discussions with banks, OEMs, and strategic partners, while lithium prices undergo a correction driven by oversupply and production curtailments.

Lithium Universe enters final investment decision for Bécancour lithium refinery (The Australian)