VUL 3.07% $4.74 vulcan energy resources limited

Ann: Zero Carbon Lithium Project Update - 'Endspurt' for LEOP, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,024 Posts.
    lightbulb Created with Sketch. 2847
    “...Vulcan’s Lithium Extraction Optimisation Plant (LEOP) (Figure 1), has entered the “endspurt”, or final sprint to finish, of mechanical completion, with 73 days left until the target mechanical completion date in August.

    ..LEOP commissioning is thereafter targeted during September, after which it will enter full operation. This will constitute:
    • the first tonnes of lithium chloride concentrate ever domestically produced in Europe, heralding the birth of a new industry in the EU; and
    • the first tonnes of lithium produced using the commercially proven method of sorption- type Direct Lithium Extraction (DLE) but driven by renewable heat instead of fossil gas...”

    The Green Light moment approaches for chunky finance on preferential terms from EU funds, imo
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.