Long Shortz with Vulcan Energy Resources: Mega upgrade in Germany bolsters Zero Carbon Lithium Project
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Vulcan’s quest to bring the world’s first zero carbon lithium operation online received a new set of wings in September after the project’s resource grew to 27.7mt contained lithium carbon equivalent @ 175 mg/L.
This increase further solidifies Vulcan Energy Resources’ (ASX:VUL) Zero Carbon Lithium Project in Germany’s Upper Rhine Valley as Europe’s largest lithium resource.
Stockhead’s Sarah Hughan sits down with Vulcan executive chair Dr Francis Wedin to get the short end of the long story on the company’s latest announcement.
Unlike Australia’s hard rock lithium operations, the Zero Carbon Lithium Project’s resource is held in geothermal brines underground – requiring the use of direct lithium extraction to bring it to the surface.
From Phase 1, the operation is expected to supply 24,000 tpa of lithium hydroxide to Europe’s growing battery market. This includes feeding the continent’s growing huger in the electric vehicles market.
Wedin says the resource upgrade at the project is the first step towards a bridging study, following on from a definitive feasibility study already delivered at the operation.
Tune in to hear Vulcan’s Francis Wedin on direct lithium extraction methods, how Germany will feed Europe’s hunger for lithium and what comes next at the Zero Carbon Lithium Project.