Ann: Vulcan signs lithium supply agreement with Stellantis, page-16

OMG....FINALLY!!!

MASSIVE OFFTAKE.

And just look at the QUALITY of these offtakes-

RENAULT. 6 YEARS 26,000 to 32,000 metric tonnes................... 4333-5333 TPY


LG..5 YEARS............................................................................................10,000YPY


UMICORE. 5 YEARS 28,000t and a maximum of 42,000t...............5600-8400TPY

STELLANTIS.5 YEARS 81,000t and a maximum of 99 ,000t .....16200- 19800TPY

No geo political instability here!

We have been saying this was happening for months......

Anyone who thought that we weren't going to have to raise our production numbers have now been proven wrong!!!

MINIMUM 36133. MAXIMUM. 43533 TPY

nearly Half will be going to Stellantis.

Please also consider there could be further offtakes......

AND CONSIDER WHAT THE LIHO PRICE WILL BE IN 2025/2026

Probably double what it is now........60,000/t. VUL worked out their metrics at 14950

No wonder they need in house drilling rigs and teams, because our production rates WERE ALWAYS going to be raised.
The estimated revenues are going to be multi billion, see my previous posts.


As I have said, VUL BOD's approach to this project has always been, what is the best way to do things, NOT the cheapest or easiest way, but the best....

Now I know the drampers are going to crap on with their usual BS, but as I keep thinking to myself, I simply dont care. Its all just a feeble attempt to crash the price, so their overlords can buy cheaper. And the market will probaby 'sell the news'.Might be a tree shake this morning.. Im backing up the truck...and I can buy more....


Im in it for the long haul...

And anyone who thinks this project will not make it to fruition, is sadly mistaken.

With the amount of money involved here, our green credentials and our location, we will succeed.