VUL 2.37% $4.54 vulcan energy resources limited

Demonstration Plant in Landau (March 2022), page-260

  1. 769 Posts.
    lightbulb Created with Sketch. 266
    State authority approves lithium extraction plant in Landau, Germany
    https://www.swr.de/swraktuell/rheinland-pfalz/ludwigshafen/lithium-aus-landau-demonstrationsanlage-am-geothermie-kraftwerk-genehmigt-100.html

    Quotes: "According to the Vulcan Energie company, the Rhineland-Palatinate State Office for Geology and Mining has now approved the main operating plan for the demonstration plant in Landau."

    "The approval by the state authority is a very positive signal, says Vulcan founder Horst Kreuter."

    "Work on the geothermal power plant in the south of Landau is currently already underway, he added."

    "With the help of the demonstration plant, the company now plans to carry out the process on a larger scale. The goal, he said, is to train the operations team before they begin commercial lithium production."

    ""The demonstration plant will help us prepare our team for commercial lithium production in a pre-commercial environment," said Vulcan founder Horst Kreuter.""

    "The company also says it expects to have a final feasibility study for lithium production in the region by next spring."

    Approval of Operating Plan for Lithium Extraction Demo Plant
    https://www.investi.com.au/api/announcements/vul/ecc7f2b3-5be.pdf

    Any translation with deepl.com.
    Last edited by ShareStock2021: 19/12/22
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.