Vulcan Energy Resources Ltd (VULNF)

[TradingCharts]

There’s plenty of room for expansion; to date, Vulcan Energy is using just one-fifteenth of the lithium resource present in the two licenses it is working on, with six licenses still untouched. Automaker Volkswagen has the right of first refusal to invest in any additional capacity the company builds out in future phase expansions.

The company doesn’t plan to license its technology to third parties, although it has various partnerships with companies through its existing production chain, including Nobian and DuPont.

https://www.fastmarkets.com/insights/automakers-take-a-tougher-approach-when-purchasing-key-minerals-for-their-supply-chain?utm_source=twitter&utm_medium=social+media+organic&utm_term=media+%26+communications&utm_content=6251522209&utm_campaign=f_mm_energytransition_2021-6-24&linkId=149651157