{"id":7633,"date":"2024-03-26T00:41:14","date_gmt":"2024-03-26T00:41:14","guid":{"rendered":"https:\/\/economicherald.net\/?p=7633"},"modified":"2024-03-26T00:41:14","modified_gmt":"2024-03-26T00:41:14","slug":"lithium-universe-selects-becancour-port-for-spodumene-import-to-lithium-carbonate-refinery-in-quebec","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7633","title":{"rendered":"Lithium Universe selects B\u00e9cancour port for spodumene import to lithium carbonate refinery in Qu\u00e9bec"},"content":{"rendered":"<p>Lithium Universe has chosen the Port of B\u00e9cancour to import spodumene to its lithium refinery, also in B\u00e9cancour<br \/>\nSpodumene feed will be sourced from within Canada as well as external locations such as Brazil, Africa or Australia<br \/>\nDelivery plan for the product involves bulk shipments, with vessels ideally carrying a cargo quantity of 30,000t of spodumene<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: A port study aimed at determining the most efficient import scenario for lithium-rich spodumene supply has determined the B\u00e9cancour port in Qu\u00e9bec, Canada, as the preferred port option. <\/strong><\/p>\n<p>\u00a0<\/p>\n<div><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><\/div>\n\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/lithium-universe-lu7\/\"><strong>Lithium Universe (ASX:LU7)<\/strong><\/a> systematically evaluated the capabilities of key ports including Trois-Rivi\u00e8res, Sorel, Qu\u00e9bec, Montreal and B\u00e9cancour to manage the importation and storage of spodumene.<\/p>\n<p>The analysis encompassed an in-depth examination of infrastructure, specific capabilities and available equipment of each target port to ensure the selection of optimal routes and storage solutions in alignment with the project\u2019s logistics.<\/p>\n<p>Details within the logistics supply chain was also explored with a focus on offering an understanding of inherent risks and challenges linked to spodumene transportation.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Capacity to handle large volumes of cargo <\/strong><\/h2>\n<p>The B\u00e9cancour port was chosen partly based on its ability to handle substantial volumes including capacity to host nearly 200 ships each year and over 3.6Mt of cargo annually, affirming its significance in the region\u2019s trade and logistics landscape.<\/p>\n<p>Its position halfway between Montreal and Qu\u00e9bec City also serves as a critical link in the transportation network, providing seamless connectivity to road and rail.<\/p>\n<p>Situated along the St Lawrence River, the port encompasses five berths, ranging from 150-292m in length, and includes a roll-on roll-off ramp.<\/p>\n<p>Its freshwater location ensures optimal conditions for shipping activities.<\/p>\n<p>The port\u2019s year-round accessibility is facilitated by its deep-water status, with a water depth of 10.67m, accommodating large-capacity merchant vessels consistently.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Shipping capacity of up to 140,000tpa of lithium-rich spodumene <\/strong><\/h2>\n<p>LU7 says the delivery plan for the product involves bulk shipments with vessels ideally carrying a cargo quantity of 30,000t and a minimum shipment requirement set at 10,000t per vessel.<\/p>\n<p>\u00a0<\/p>\n<p>B\u00e9cancour port in relation to LU7 lithium refinery site. Pic: Supplied (LU7)<\/p>\n<p>\u00a0<\/p>\n<p>The processing site is anticipated to consume 10,000t of spodumene every four weeks with annual transportation volumes set to be around 140,000t of spodumene.<\/p>\n<p>To facilitate this logistical operation, LU7 says the spodumene will be transported to the site exclusively by road to ensure an efficient supply chain for the delivery and consumption of spodumene at the processing site.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Discussions with Port Authority <\/strong><\/h2>\n<p>Preliminary discussions regarding the expansion of the terminal are ongoing and emphasise the port\u2019s acknowledgement of the evolving needs of its growing customer base in the region.<\/p>\n<p>\u00a0<\/p>\n<p>Optimal transport logistics for spodumene importation. Pic: Supplied (LU7)<\/p>\n<p>\u00a0<\/p>\n<p>These discussions extend to acquiring specialised equipment, particularly bulk unloading equipment, tailored to the requirements of various companies establishing a presence in the B\u00e9cancour Industrial Park.<\/p>\n<p>Discussions will soon take place with the Port Authority.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Lithium Universe, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/lithium-universe-selects-becancour-port-for-spodumene-import-to-lithium-carbonate-refinery-in-quebec\/\">Lithium Universe selects B\u00e9cancour port for spodumene import to lithium carbonate refinery in Qu\u00e9bec<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Lithium Universe has chosen the Port of B\u00e9cancour to import spodumene to its lithium refinery, also in B\u00e9cancour Spodumene feed will be sourced from within <a href=\"https:\/\/economicherald.net\/?p=7633\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":7634,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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