I tuned into the Talga investor webinar yesterday and the MD...

I tuned into the Talga investor webinar yesterday and the MD stated that they had just received the paperwork from the EU regarding the application process to seek 'strategic project status'. I would imagine Vulcan would be in the same boat and we all know how well aligned the project is to both the EU CRM & NZI Acts.

The next major catalysts for Vulcan i'm expecting in the next few months include:
- Update on the financing strategy including publicly announcing one or more strategic partners or 'big brother/s' as Francis referred to in his most recent interview, will invest into the project on the equity side.
- This may also include updates on the multiple State & EU non-dilutive funding grants that Vulcan has applied for.
- Continued optimisation of LEOP including first samples sent off to offtake partners for final qualification and CLEOP commissioning mid year.
- The outcome of the EU's investigation into China dumping EV's into Europe could also provide additional tailwinds in Auto OEMs shoring up the domestic supply chain.