Lithium Universe Acquires Gold & Copper Extraction Tech
Key points
- Acquired global rights to University of Edinburgh's gold and copper extraction technology
- Technology selectively extracts gold and copper from electronic waste
- Uses simple, recyclable organic compounds to extract metals with minimal impurities
- Complements LU7's existing silver extraction technology
Full summary
Lithium Universe Limited (ASX: LU7) has secured an exclusive global licence from the University of Edinburgh for a breakthrough process to recover gold and copper from electronic waste. The Gold Copper Diamide Extraction (GCDE) process selectively extracts gold and copper from e-waste using simple, reusable organic compounds, offering advantages over conventional high-temperature smelting. The technology is expected to significantly enhance the company's recycling capabilities and complement its existing silver extraction technology from photovoltaic solar panels.
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