Lithium Universe Limited (ASX:LU7)

Deliver integrated lithium projects, supplying critical battery materials and advancing clean energy

About Us

North America’s battery manufacturing industry will increase ten-fold in the next decade. At the same time, new government regulations mean that these battery manufacturers are facing a significant shortage of locally produced lithium chemical because of limited refining facilities available to turn raw lithium into battery-grade material.

As a result, Lithium Universe has a significant opportunity to develop a mine-to-battery-grade lithium strategy in Canada that addresses the problem we call the Lithium Conversion Gap.

Company Overview

Headquartered in Subiaco, Western Australia, Lithium Universe Limited is committed to advancing lithium projects in premier mining jurisdictions. The company's flagship asset, the Apollo Lithium Project, is strategically located within Canada's La Grande Subprovince, a region renowned for its rich lithium deposits. This project positions Lithium Universe to become a significant supplier of lithium to the burgeoning North American battery market.

In addition to exploration, Lithium Universe plans to establish the Québec Lithium Processing Hub (QLPH), a vertically integrated facility designed to convert raw lithium into battery-grade material. This initiative addresses the 'Lithium Conversion Gap' in North America, where demand for locally produced lithium chemicals is outpacing supply due to limited refining capabilities. Lithium Universe is well-positioned to capitalize on the growing demand for lithium driven by the global transition to cleaner energy sources.

Board & Management

Iggy Tan

Iggy Tan

Executive Chairman

Mr Iggy Tan, a trailblazer of the modern Lithium industry was one of the first Australian mining executives to identify the significant opportunity within the emerging lithium-ion battery sector when he spearheaded Galaxy Resources Limited (Galaxy). Mr Tan is looking to replicate the success with Lithium Universe, having built Galaxy’s Mt Catlin Spodumene Project and the downstream Jiangsu Lithium Carbonate project. He also acquired the James Bay Spodumene Project in Canada and the Sal de Vida Brine Project in Argentina for Galaxy. When he started at Galaxy the company’s market capitalisation was less than A$10 million and rose to A$2.5 billion when the Company merged with Orocobre Limited in August 2021.

Iggy previous experience working with Lithium dates back to the early 1990s when he briefly managed the Greenbushes Lithium Mine and commissioned the first Lithium Carbonate plant for Gwalia Consolidated. Mr Tan has over 30 years’ chemical and mining experience and been an executive director of a number of ASX-listed companies. He holds a Master of Business Administration from the University of Southern Cross, a Bachelor of Science from the University of Western Australia and is a Graduate of the Australian Institute of Company Directors. He is currently CEO and Managing Director of Altech Batteries Limited.

Patrick Scallan

Patrick Scallan

Non-Executive Director

Mr Scallan’s extensive experience in the lithium industry is a valuable addition to the LU7 Board. With over 25 years of management experience at the world-class Greenbushes Mine, he is a seasoned veteran. Greenbushes is the largest lithium hard rock mine globally, also hosts the highest-grade orebody in the world. This makes Greenbushes a unique anomaly, and no other lithium deposit worldwide compares to it.

Mr Scallon oversaw the mine’s many expansions, increasing annual output from 200,000 in 1997 to 1,400,000 tpa today, and navigated numerous ownership changes during his tenure. He is a specialist in hard rock mining and spodumene concentrating, with downstream relationships with major spodumene converters worldwide.

Mr Scallon is also highly skilled in managing local community relationships, having acted as shire councillor for nearly 20 years during his time at Greenbushes receiving his Order of Australia Medal (OAM) for his community and Local Government contribution. His previous roles include management positions at Capel and Eneabba Mineral Sands in Western Australia and Western Deep Levels Gold Mine in South Africa.

Dr Jingyuan Liu

Dr Jingyuan Liu

Non-Executive Director

Dr Jingyuan Liu is widely regarded as a leading technical expert in the lithium industry. He previously held the position of General Manager of Development and Technologies at Galaxy Resources Limited, where he was responsible for overseeing the construction and commissioning of the Mt Cattlin Spodumene Project and the world-renowned Jiangsu Lithium Carbonate plant. Jingyuan also played a key role in designing the flow sheet for the Sal de Vida brine project. Following his work with Galaxy, he has acted as a special adviser to various lithium carbonate and lithium hydroxide projects globally, including the Lithium Hydroxide Plant operated by Tianqi in Kwinana, Western Australia.

Dr Liu has over 30 years’ experience in project management, process and equipment design for minerals processing and in the chemicals, non-ferrous metals, iron & steel and energy industries, both in Australian and internationally. He was awarded a PhD in chemical engineering from the University of Newcastle, Australia. He has worked in senior chemical engineering roles with leading companies such as Hatch Engineering and Metso Minerals in Australia and Malaysia.

Dr Liu is currently Chief Technology Officer (CTO) for Altech Batteries Limited (ASX:ATC) developing high capacity silicon anode lithium ion batteries.

Alex Hanly

Alex Hanly

CEO

Mr Hanly has over 10 years of experience in capital delivery and operational management for publicly listed companies within the mining, oil, gas and manufacturing industries within Australia and Africa. Over the last 3 years, Mr Hanly held the role of Chief Executive Officer of ASX-listed gold company Polymetals Resources Ltd (ASX:POL). Mr Hanly was responsible for the successful IPO of the Company, the operational management and the efficient execution of the fast-track exploration strategy.

Mr Hanly has a Bachelor of Mechanical Engineering and Masters of Business Administration specialising in Global Project Management.

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