Lithium Universe Ltd (ASX:LU7, OTC:ESMAF) has wrapped up a port study aimed at determining the most efficient import scenario for lithium-rich spodumene to supply the Bécancour Lithium Refinery in Québec, Canada.
The study assessed options for sourcing spodumene from Canada or international locations like Brazil, Africa or Australia – importing spodumene directly into the refinery is crucial.
Logistics a priority
Key ports, including Trois-Rivières, Sorel, Québec, Montreal and Bécancour, were evaluated for their logistical capabilities in handling spodumene importation and storage with the company’s preferred choice being Bécancour Port.
The plan involves bulk shipments, with vessels carrying around 30,000 tonnes of cargo, meeting a minimum shipment requirement of 10,000 tonnes per vessel.
LU7's refinery is expected to consume 10,000 tonnes of spodumene every four weeks, with an annual transportation volume estimated at 140,000 tonnes.
The Bécancour Port, managed by SPIPB and operated by Québec Stevedoring Limited (QSL), is optimally located along the St Lawrence River.
With five berths ranging from 150 to 292 metres in length and year-round accessibility due to its freshwater location and deepwater status, the port is well-equipped to handle large-capacity merchant vessels.
The port is also situated between Montreal and Québec City and provides seamless connectivity to road and rail networks, managing more than 3.6 million tonnes of cargo annually and hosting nearly 200 ships each year.
Port has capacity to expand
Bécancour Port also has the capacity to host nearly 200 ships each year and is in ongoing discussions to expand, which bolsters confidence in forward planning for the evolving needs of its growing customer base in the region.
The preliminary discussions extend to acquiring specialised equipment, particularly bulk unloading equipment, tailored to the requirements of various companies establishing a presence in the Bécancour Industrial Park.