VUL 0.22% $4.65 vulcan energy resources limited

The Salton Sea (geothermal) project by Controlled Mineral...

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    The Salton Sea (geothermal) project by Controlled Mineral Resources is a huge DLE undertaking.

    Berkshire Hathaway Resources has interest in it and you don't see Warren Buffett taking uncalculated risks.

    There is already a installation there using geothermal for electricity. The plan is to extract the lithium as the water passes through. They calculate the extracted lithium is a huge resource with potential to provide enough for the entire US ev requirements.

    There are a lot of interesting articles about it if you google plus a CBS 60 minutes article called 'Lithium Valley'. Very interesting and worth a few minutes of your time.

    I enquired and found Controlled Mineral Resources is a private company and only accepting investments from sophs etc (ie min investment $USD250,000) but they plan to go public in 2024.

    So DLE is definitely being tested as a viable lithium extraction method and certainly the 'greenest' lithium should it be possible.

    Maybe there is a possibility of Vulcan and Contolled Mineral Resources trading valuable info/processes to achieve a more expeditious and profitable outcome for both parties.
 
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