Lithium Universe Ltd (ASX:LU7, OTC:LUVSF) has signed a Memorandum of Understanding (MoU) with Québec-based Servitank to partner on logistics of essential chemical products for the company’s Bécancour Lithium Refinery operations.
Servitank specialises in optimising supply chain processes across industries, including chemicals and raw materials.
The parent company has extensive experience in the Bécancour and Trois-Rivières areas, having managed logistics and moisture control for key players in the lithium sector in North America.
This partnership will aim to optimise supply chain processes and enhance operation efficiencies, with Servitank leveraging its expertise in supply chain management and multimodal logistics to support the Bécancour Lithium Refinery.
Streamlining logistics
“This partnership with Servitank is a significant step towards realising our vision for the Bécancour Lithium Refinery,” Lithium Universe chair Iggy Tan said.
“We are particularly focused on identifying a single logistic supplier capable of supporting us in sourcing most of our chemical reagents, which will simplify our supply chain and enhance operational efficiency.
“Together, we aim to bridge the lithium conversion gap and ensure a robust and responsible supply chain.”
The Bécancour Lithium Refinery is projected to produce 18,270 tonnes of green battery-grade lithium carbonate annually.
Servitank will evaluate various storage solutions at their Bécancour Port terminal to facilitate efficient trucking logistics for key liquid chemicals to the project site.
The company will also investigate constructing dedicated storage tanks for specific process reagents, positioning itself to supply critical chemicals directly to Lithium Universe and others within the Bécancour Industrial Park.
In parallel Servitank will actively assist in exploring procurement options within the local areas for other dry bulk reagents to meet Lithium Universe’s specific operational requirements.
The company will also assist in investigating sourcing specialty reagents from within the Bécancour Industrial Park to promote the immediate circular economy within the park and reduce freight costs from other areas of Québec.