VUL 2.68% $3.83 vulcan energy resources limited

Ann: Binding Offtake Agreement Signed with Volkswagen Group, page-70

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    VW signs battery deals with Umicore, 24M and Vulcan Energy
    https://www.electrive.com/2021/12/08/vw-signs-battery-deals-with-umicore-24m-and-vulcan-energy/

    Quotes: "The Volkswagen Group has concluded three further strategic partnerships in the field of electric car batteries. The new partners are the materials technology group Umicore, the battery specialist 24M Technologies and the lithium supplier Vulcan Energy Resources."

    "According to Volkswagen, the partnerships are independent of each other but serve a common goal: “The industrialization of battery technology and the volume production of even more sustainable, cutting-edge batteries”, as the German company writes."

    "All three partners are to contribute to Volkswagen’s planned in-house development and production of battery cells. As is well known, the company already cooperates in these areas with solid-state battery specialist QuantumScape, the Swedish company Northvolt and the Chinese manufacturer Gotion High-Tech."
 
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