VUL 2.68% $4.00 vulcan energy resources limited

Todays update Next Investors - VUL to Collaborate with...

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    Todays update Next Investors -

    VUL to Collaborate with DupontVUL’s Zero Carbon Lithium® exists to decarbonise the currently high carbon production footprint of lithium-ion batteries used in electric vehicles.Dupont is the world’s largest chemical company worth US$37.6 billion and are experts at all things water, engineering and processing.VUL was our 2020 Top Pick of the Year — and what a performance it delivered.We invested more in VUL a couple of weeks ago at the placement price of $6.50 — we are long term holders in VUL and believe we are at the beginning of the European Union electric vehicle boom. We think VUL will be like a kite caught in the EU EV hurricane.VUL just announced a collaboration with Dupont Water Solutions to advance its Zero Carbon Lithium extraction — a process which pulls hot, briney water from deep underground, extract lithium and heat, then gently puts the water back.DuPont Water Solutions is a leader in sustainable water purification and separation technologies — we couldn’t think of a better partner to turbo charge VUL’s ambitions.VUL says: DuPont will leverage its portfolio of proprietary Direct Lithium Extraction (DLE) products to assist Vulcan with input and test-work during Vulcan’s Zero Carbon Lithium® project Definitive Feasibility Study (DFS). As part of the project, DuPont will be developing and testing an integrated Direct Lithium Extraction Process for Vulcan’s brine. DuPont’s multi-technology portfolio of lithium selective sorbent, nanofiltration, reverse osmosis, ion exchange resins, ultrafiltration, and close circuit reverse osmosis will be leveraged for the study. We aren’t going to pretend to understand what most of those words in the last sentence mean......but thankfully some of Dupont’s 100,000 global employees spend decades understanding it and are going to share it with VUL to speed up the project using their established tech and know how.It also looks like Dupont wants to move to being clean, green and deliver a positive on the world (we love ESG!) as you can see from these comments:At DuPont, our goal is to create innovative product and process solutions that help the world thrive — with 100 percent of our products by 2030 directly supporting the United Nations’ Sustainable Development Goals,” said HP Nanda, global vice president and general manager, DuPont Water Solutions.Many big companies are now fixated on ESG — no wonder they want to partner with ESG golden child VUL.

 
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