VUL 1.01% $4.91 vulcan energy resources limited

Ann: Largest JORC Lithium Resource In Europe, page-13

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  1. 356 Posts.
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    "De-risked Direct Lithium Extraction (DLE) process to produce LiOH•H2O from the brine" as Vulcan claims is untrue. There is no such DLE process being used at scale. Try asking them what process this is.

    Futheron they claim Livent using this process, which also is untrue. Livent is investing 5M$ on research and a test plant in jv with E3 Metals Corp to actually test reagents and develop a small test plant. And that is not because Livent has this already in their arsenal. It is because they, probably the most advanced and knowledgable company producing lithium for brine, currently have not developped this yet.

    Vulcan seem to claim this is an off the shelf process. It isn't. It is bonkers what they claim.
    Last edited by HiDiHi: 21/01/20
 
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