VUL 2.37% $4.54 vulcan energy resources limited

Demonstration Plant in Landau (March 2022), page-242

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    Vulcan Energie builds lithium demonstration plant in Landau, Germany

    https://www.swr.de/swraktuell/baden-wuerttemberg/karlsruhe/vulcan-energie-setzt-auf-lithium-aus-insheim-100.html

    Quotes: "Karlsruhe-based lithium producer Vulcan Energie plans to have a demonstration plant up and running by early 2023."

    "Currently, the Karlsruhe-based company is optimizing its process for filtering lithium from thermal water. This is happening in a small pilot plant at the geothermal power plant in Herxheim-Insheim (Südliche Weinstraße district)."

    "A demonstration plant 200 times larger is planned at the neighboring geothermal power plant in Landau. Due to delivery problems, the start there is not yet possible, the company said."

    "In June, it had become known that carmaker Stellantis, which owns the Peugot, Opel and Fiat brands, among others, had invested 50 million euros in Vulcan Energie. Managing director Horst Kreuter had described this as an "important statement" by one of the world's largest car manufacturers. "

    "In the spring, a laboratory was opened in Karlsruhe-Durlach to optimize the process for extracting lithium."

    Any translation with deepl.com.
 
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