@q1w2 , I think a (s)melter is needed for roasting the lithium out of Spodumene (=hard rock), and not for Vulcans "DLE"-direct lithium extraction?
Savannah Resources in Portugal, and European Metals Holding on the German/Czech border, are 2 hard rock-mines who could need such a smelter.
Why? Nowadays 100% of smelting factories are in China and EU wants locally produced Lithium. An example how it works today: Galaxie Resources mines in Australia, then ships the raw ores to China to be roasted with their coalpowered factories, then ships the end-product to Europe. That is not an ecological process. Thus, the Rock Tech plant would make sure the european mined rocks do not need to be roasted in China but can be roasted in Europe. This will be a very profitable plant.
Vulcan is a DLE-project, using geothermal energy, producing in the eu-greendeal-money-area (1,5 Trillion euro); a much greener process. I don't think they need a smelter as they use another process making the lithium.
Could someone with technical knowledge confirm or correct my story? I like to learn!![]()
- Forums
- ASX - By Stock
- VUL
- VUL megathread
VUL megathread, page-1162
-
-
- There are more pages in this discussion • 6,478 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
|
|||||
Last
$3.76 |
Change
-0.100(2.59%) |
Mkt cap ! $707.5M |
Open | High | Low | Value | Volume |
$3.80 | $3.83 | $3.72 | $1.329M | 354.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 428 | $3.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.80 | 5885 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 428 | 3.750 |
1 | 6000 | 3.740 |
2 | 1470 | 3.730 |
1 | 1000 | 3.720 |
9 | 38118 | 3.700 |
Price($) | Vol. | No. |
---|---|---|
3.820 | 5599 | 2 |
3.840 | 537 | 1 |
3.850 | 286 | 2 |
3.900 | 15967 | 3 |
3.990 | 13000 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online