VUL 4.34% $4.63 vulcan energy resources limited

German impacts, page-916

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    Hi Whitegold,
    the geothermal power plant in Landau belongs to the company geox GmbH and not to Vulcan Energy!
    https://geox-geothermie.de/impressum.html

    Representative is Dr. Felix Kreidl (Managing Director Geothermal Energy - IKAV).
    https://de.linkedin.com/in/dr-felix-kreidl-217621186

    2) Geox GmbH is part of IKAV Energy Acquisition & Management Excellence.
    https://www.ikav.com/assets/#geothermal
    "IKAV currently hold two geothermal assets in Germany at Landau and Taufkirchen."

    3) The responsible state authority for geothermal energy is the Rhineland-Palatinate State Authority for Geology and Mining.
    https://www.lgb-rlp.de/fachthemen-des-amtes/geothermie-in-rheinlandpfalz/tiefe-geothermie.html

    4) I also can't find any official source on the current status of the Landau geothermal power plant, apart from a press release.
    https://www.swr.de/swraktuell/rheinland-pfalz/ludwigshafen/geothermiekraftwerk-landau-steht-still-vor-einweihung-der-lithium-versuchsanlage-100.html
    "The geothermal power plant in Landau has been at a standstill - since the end of January. According to the State Authority for Geology and Mining, this is due to "ageing processes" in the plant technology."

    5) This communication still contains a reference to February 2024.
    https://www.swr.de/swraktuell/rheinland-pfalz/ludwigshafen/versuchsanlage-zur-gewinnung-von-lithium-in-landau-eingeweiht-100.html
    "Starting next February, the test facility is to extract enough lithium chloride from the brine, i.e. the hot deep water, to produce around 45 tons of battery-grade lithium per year."

    6) The city of Landau offers further information on the topics of geothermal energy.
    https://www.landau.de/Verwaltung-Politik/%C3%96ffentliche-Informationen/Geothermie/

    I stay deeply relaxed.
    Last edited by ShareStock2021: 24/11/23
 
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