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Tuesday, March 08, 2022 7:54:40 PM
production licence surrounding the Insheim Plant. Following an
MoU signed in November 2019, Vulcan had already completed the
Maiden Indicated Lithium-Brine Mineral Resource Estimation at
the Insheim license in January 2020, reporting an Indicated
Mineral Resource of 722,000 t of contained Lithium Carbonate
Equivalent (LCE), with a lithium brine grade of 181 mg/l Li2
.
• The Insheim Plant currently pumps lithium-rich brine to the
surface for geothermal energy generation before the brine is
reinjected into the reservoir.
• Vulcan will formally take over the plant from 1 January 2022 and
will retain all existing local employees as part of the transition.
Vulcan also plans to invest in the expansion and modernisation of
the power plant.
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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