as mentioned Landau is not a Vulcan asset so the fact that it is not operational as a geothermal plant does not affect Vulcan.
Vulcans offtake agreement which gives access to the spent brine is still valid and as such the wells can and will still be used to provide with feed for the LEOP, essentially the geo plant will be bypassed and the brine will be diverted straight to the LEOP.
I believe due to the fact that Vulcan have been aware of this for some time they will use a standard heat exchanger to cool the brine slightly before it enters the LEOP, no change for the Li extraction process.
as mentioned also above, if the current wells don’t provide sufficient flow for the LEOP to prove process then additional brine can transported to the LEOP, although I don’t see this will be necessary. Keep in mind the owner of the asset is working through getting it back to spec and back into operation so we could anticipate that this will be done with little effect on the LEOP
as mentioned Landau is not a Vulcan asset so the fact that it is...
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Last
$4.63 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Change
-0.210 ( 4.73 %) |
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| Last updated 15.59pm 14/06/2024 ? | |||||
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