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Wednesday, 02/09/2022 6:47:38 PM

Wednesday, February 09, 2022 6:47:38 PM

Post# of 147
PAGE 17 Demonstration (Demo) plant

Demo Plant fully integrated with all process steps
including electrolysis

DLE at site with “live” geothermal brine

Conversion to LHM in a chemical park (same as
commercial plant design)

All recycles to be included

Enables the Vulcan team to run the full process onsite and provide training prior to commercial operation

Major skids ordered and under construction

The DLE section of the Demo Plant is targeted to commence operation on in Q2 2022, and will represent an approximately 1:200 scale of the first commercial plant
https://vul.live.irmau.com/site/PDF/47e9bde3-d8d1-4c5e-80fd-86aadf2c51a6/CorporatePresentationJanuary2022


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