VUL 4.23% $3.17 vulcan energy resources limited

Here we go: lithium mining in the Upper Rhine...

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    Here we go: lithium mining in the Upper Rhine Graben
    https://www.vdi-nachrichten.com/wirtschaft/rohstoffe/es-geht-los-lithiumfoerderung-im-oberrheingraben/
    "A plant for the production of lithium on a tonne scale was inaugurated yesterday, Thursday, in Landau, Palatinate."

    "The newly inaugurated plant, which cost around €40 million, is part of a larger project."

    "He pointed out that the Upper Rhine Graben could potentially play a significant role in the supply of lithium: It is estimated that 40% of Europe's and even all of Germany's lithium demand could be met there."

    "The German Federation for the Environment and Nature Conservation (BUND) is in favor of establishing local lithium production for mobile power storage systems such as vehicle batteries in order to reduce dependency on imports from countries with lower social and environmental standards."


    2) Lithium production plant opened
    https://www.ka-news.de/nachrichten/baden-wuerttemberg/anlage-zur-produktion-von-lithium-eroeffnet-art-3053327
    "The company Vulcan Energy (Karlsruhe) opened a plant for the production of lithium on a ton scale in Landau, Palatinate, on Thursday - as a preliminary stage of a commercial plant."

    "The plant presented on Thursday cost around 40 million euros..."

    ""The extraction of lithium from water, which is used for electricity and heat anyway, also enables significantly improved economic efficiency," said the Professor of Energy Materials at the INM - Leibniz Institute for New Materials."

    "The focus on lithium currently makes a lot of sense - and the Upper Rhine Graben region in particular is characterized by economically interesting lithium concentrations," emphasized Presser."


    3) Lithium test facility opened at geothermal power plant
    https://www.tagesschau.de/inland/regional/rheinlandpfalz/swr-landau-lithium-versuchsanlage-am-geothermiekraftwerk-eroeffnet-100.html
    "From next February, the pilot plant will extract enough lithium chloride from the brine, i.e. the hot deep water, to produce around 45 tons of battery-grade lithium per year."

    "From the end of 2026, the company wants to extract enough lithium in the Upper Rhine Graben to produce 500,000 car batteries."

    "And car manufacturers are already queuing up at Vulcan for the raw material from the Upper Rhine Graben - produced regionally and in a climate-neutral way."
 
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