Umicore signs long-term sustainable lithium contracts with Ganfeng and Vulcan, page-13

"We will now HAVE to increase production estimates, to supply LG, RENAULT, UNICORE, and STELLANTIS/Total/Daimler." - NO!! That's wrong!!
There are already too many estimates without - at the moment - any chance to fullfill them.

Vulcan has no geothermal plant. And there are only two in the area (the two french ones have another LI-project which is a competitor to Vulcan: EUGELI)! Vulcan has hardly a chance to buy Insheim, so only Landau is left. Landau is not workin properly, the new pump? - we will see. To built new planst is difficult and takes years. Too many cities in the Ortenau are against Vulcan's plans: Achern, Rheinmünster, Lichtenau, Neuried, Bühl, Ottersweier, Rheinau ... more to come, be shure.

At the moment Vulcan has no chance to fullfil just the first agreement with LG, every new agreement makes things more problematic.

Of course SP will rise on Monday, but watch the bubble ...