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Lithium Universe Limited (ASX:LU7)
ALERT: Price-sensitive ASX Announcement for LU7
Current share price for LU7 : $0.006 -0.003 (-33.33%)+
Release
4 Jun 2026 8:16AM
Price at Release
$0.009
Full Release
Summary
Lithium Universe Limited (LU7) has announced a comprehensive development program for the commercialisation of the Gold Copper Diamide Extraction (GCDE) technology, acquired from the University of Edinburgh. This innovative process aims to recover gold and copper from e-waste using environmentally friendly methods, avoiding the high temperatures and energy intensiveness of conventional processes. The program will involve reviewing historical research, sourcing optimal e-waste feed materials, and optimising various processing parameters including particle size, leaching conditions, and reagent recycling. The company plans to compare different leaching systems, optimise gold and copper recovery circuits, and evaluate environmental management strategies, leading towards the design of a pilot plant and further commercial scalability studies. This initiative is part of LU7's broader strategy to establish a sustainable e-waste recycling framework, capitalising on the growing demand for efficient recycling solutions.
Key Points
- Developmental plan for GCDE technology commercialisation.
- Comprehensive review of existing research by University of Edinburgh.
- Source optimal high-volume e-waste feed materials.
- Optimise particle size, density, and flowability.
- Complete washing, milling and dewatering testwork.
- Compare HCl/H2O2 leaching against Aqua Regia systems.
- Optimise gold precipitation and ligand recovery circuits.
- Develop copper precipitation and electrowinning recovery flowsheet.
- Evaluate reagent recycling and environmental management systems.
- Advance pilot plant design and commercial scalability studies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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