Treasure in the Rhine: Extracting lithium through geothermal energy (08.11.2021)
https://www.swr.de/swraktuell/baden-wuerttemberg/lithium-geothermie-rhein-100.html
Quote: "Produce lithium, as needed for batteries, emission-free? This is supposed to work with geothermal energy. EnBW scientists are conducting tests in Bruchsal."Selected video transcription: "The geothermal power plant in Bruchsal... 28 liters per second, 2.4 million lithers of thermal water are pumped up here every day..."
"The scientists of the energy company EnBW are working on extracting lithium from the 130° hot water in the future, environmentally friendly. We don't emit any gases, no liquids, nothing leaves the circuit, it's closed. What we extract we also bring back down into the earth."
"In lithium extraction, of course, we have based ourselves on the same conditions. We want to produce emission-free lithium and then it's also a clean thing."
"Yes, it's technically feasible in principle, but the gods have put diligence before price.""We really have to do a lot of preliminary work. In the laboratory, that means we come from the test tube, and now here in Bruchsal in front of a concrete plant with high pressures and high temperatures, that's a completely different challenge and you have to think carefully about how you do it."
Vulcan Energy Resources is also mentioned
"Just a few kilometers to the south in Karlsruhe, the company Vulcan Energy Resources is also working on extracting lithium from deep geothermal water."
"They're still in the pilot phase, says the company's CEO, but he already has a very specific timetable."
"We expect to be able to provide the first lithium in 2024 and then in larger quantities in 2025."
"15,000 metric tons should be available in 2024, and 40,000 metric tons the following year, says Horst Kreuter."
"They have already signed supply contracts, for example with Renault," he said. Vulcan will become a major player simply because the Upper Rhine Graben is Europe's largest resource for lithium production."
"But at the end of October, a U.S. investment company voiced criticism. It said the company's forecasts were too optimistic. Figures were called into question. The company rejects the criticism. It said it was considering legal action against it."
Translated with www.DeepL.com/Translator (free version)
- Forums
- ASX - By Stock
- VUL
- German impacts
German impacts, page-49
-
-
- There are more pages in this discussion • 965 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.52 |
Change
-0.020(0.44%) |
Mkt cap ! $854.3M |
Open | High | Low | Value | Volume |
$4.54 | $4.59 | $4.41 | $762.8K | 170.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 739 | $4.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.53 | 2312 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 486 | 4.520 |
6 | 2982 | 4.510 |
5 | 2115 | 4.500 |
6 | 6305 | 4.490 |
7 | 28179 | 4.480 |
Price($) | Vol. | No. |
---|---|---|
4.530 | 375 | 1 |
4.540 | 6875 | 8 |
4.550 | 3897 | 2 |
4.560 | 2336 | 4 |
4.570 | 580 | 2 |
Last trade - 14.25pm 15/07/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online