The amount of lithium required will continue to rise. This will also cause the price of lithium to recover, albeit not to its previous highs. But that's pretty irrelevant to VUL at the moment.
BECAUSE
The amount of lithium that VUL will produce with Lionheart has already been sold – not for 1 year, but for the first 10 years!
AND
The plant will earn good money right from the start, unlike many other lithium producers who are currently having to cut costs and are desperately hoping for rising lithium prices.
AND
The lithium is CO2-free, which will be significantly more sought after on the market than the rock-mined lithium process, meaning it can be sold at a higher price.
The amount of lithium required will continue to rise. This will...
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Last
$3.78 |
Change
-0.130(3.32%) |
Mkt cap ! $826.5M | |||
| Open | High | Low | Value | Volume |
| $3.95 | $4.00 | $3.72 | $4.236M | 1.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2722 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.79 | 3650 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| VUL (ASX) Chart |