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Highlights
Lithium Universe Ltd acquires global licence for Macquarie’s solar panel recycling technology
Technology enables critical material recovery using clean, low-impact processes
Commercial focus expands beyond lithium with photovoltaic waste innovation
Lithium Universe Ltd (ASX:LU7), listed on the All Ordinaries, has broadened its clean energy focus with the acquisition of exclusive global rights to a novel solar panel recycling method developed by Macquarie University. This technology is aimed at recovering critical materials from used photovoltaic (PV) panels, supporting sustainable resource use within the renewables sector.
The technology, titled Microwave Joule Heating Technology (MJHT), is a patented platform that enables material recovery without the environmental burdens of traditional recycling systems. With the increasing volume of solar panel waste reaching end-of-life, this development positions the company at the forefront of addressing the solar waste challenge.
New Microwave-Based Technology Offers Low-Impact Recycling Solution
The MJHT system works by using microwave energy to directly heat the silicon found in PV panels. This process softens the encapsulating material, known as EVA, at room temperature, allowing clean separation of the high-value components such as silver, silicon, gallium, and indium.
Unlike conventional methods, which rely on shredding and extremely high temperatures that can destroy or contaminate materials, MJHT avoids hazardous chemicals and operates at lower temperatures. This minimises energy consumption and environmental impact, enabling higher recovery rates and greater material reuse in new clean energy products.
Acquisition Structure and Developmental Strategy
As part of the transaction, Lithium Universe will acquire New Age Minerals Pty Ltd, the Australian entity holding the exclusive licence to MJHT. The deal’s completion is subject to due diligence and an updated agreement to reflect the change in ownership.
To support the development and commercialisation of this recycling platform, Lithium Universe has conducted a two-part placement to raise funds. This financial backing supports both the acquisition and the next phase of research and development in collaboration with Macquarie University’s engineering team.
Integration with Lithium Operations and Future Collaboration
Lithium Universe aims to leverage the MJHT platform across its broader operations, including at its planned lithium refinery in Quebec. The company is exploring ways to adapt the microwave-based method to improve efficiency in lithium refining processes, particularly in energy-intensive stages such as spodumene calcination and sulphation.
The collaboration with Macquarie University will focus on scaling the technology for industrial use while maintaining its clean and decentralised characteristics. This aligns with the company's strategic focus on developing circular supply chains within the renewable energy landscape.
Clean Energy Vision Supports Long-Term Industry Shift
The acquisition of MJHT technology marks a notable step in Lithium Universe’s clean energy roadmap. By integrating advanced recycling solutions alongside its core lithium initiatives, the company strengthens its contribution to critical mineral recovery and environmental sustainability.
As demand for clean energy infrastructure grows, innovations that address end-of-life waste are increasingly essential. The MJHT platform positions Lithium Universe at the intersection of resource recovery, sustainable engineering, and the clean energy transition.
