Highlights
- Lithium Universe secures global rights to patented solar panel recycling tech
- New process enhances critical metal recovery without costly infrastructure
- Strategy supports sustainability while positioning for lithium market rebound
In a strategic diversification move, Lithium Universe (ASX:LU7) has acquired the global rights to commercialise a cutting-edge solar panel recycling technology. This initiative comes through the acquisition of New Age Minerals, a private development company holding the patented innovation. The deal is described as requiring minimal consideration, offering a low-cost opportunity for Lithium Universe to broaden its scope while awaiting improvements in the global lithium market.
The key technology, known as microwave joule heating, is designed to revolutionise the recycling of photovoltaic solar panels. It employs selective microwave energy to heat silicon and soften the encapsulant layers, allowing for efficient delamination of the panel's components. This enables the recovery of critical metals such as silver, silicon, gallium, and indium—all without the need for hazardous chemicals or high-temperature processing.
By avoiding traditional mechanical crushing and high-heat methods, the technique not only minimises emissions but also retains the structural integrity of recovered materials. This makes the process both environmentally and economically appealing. Delamination through this technology is said to achieve over 95% material recovery by value, a significant leap beyond conventional methods that mostly retrieve low-value bulk materials like glass and aluminium.
The company’s executive chair highlighted that while the lithium industry navigates current pricing challenges, this innovative recycling venture offers a proactive step toward sustainability. At the same time, Lithium Universe remains well-positioned with its Bécancour lithium refinery in Québec, having completed its definitive feasibility study and secured all essential project components.
With the ASX 200 today increasingly reflecting interest in clean tech and critical mineral recovery, Lithium Universe’s expansion into solar recycling technology aligns with broader ESG and green energy investment trends.
The management team, known for its expertise in critical mineral extraction and plant development, will now evaluate how best to scale the microwave joule system. They are also investigating applications for this technology within their core lithium operations, particularly in the drying processes at the Bécancour refinery.
This dual-track approach—capitalising on emerging tech in solar recycling while preparing for a lithium rebound—demonstrates Lithium Universe’s forward-thinking strategy in positioning itself for long-term value creation.