VUL 1.71% $5.16 vulcan energy resources limited

Demonstration Plant in Landau (March 2022), page-213

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    City of Landau supports the expansion of geothermal energy and lithium extraction

    https://kommunalwirtschaft.eu/tagesanzeiger/detail/i50937/c141

    Quotes: "The city council of Landau, which is responsible for a part of the exploration area in Insheim as well as in Landau South, supports the promotion of geothermal energy as well as the extraction of lithium with the help of geothermal energy under consideration of climate protection goals as well as the interests of regional urban development."

    "According to the City Council, geothermal energy can make a significant contribution here because, unlike solar and wind, it is base-load capable. Lithium extracted from thermal water in the Upper Rhine also offers a great opportunity to counter the declared climate emergency in Landau."

    "The new exploration licenses, named Flag Tower (geothermal) and Fox Coat (lithium), complement Vulcan's pipeline and provide the company with further growth opportunities for what is already the largest JORC-compliant lithium resource in Europe."

    Any translation with deepl.com.
 
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