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futrcash

03/18/22 10:19 AM

#98 RE: TradingCharts #97

Getting serious...lots of manpower!

DLE Demo Plant
The DLE Demo Plant is a priority for the lithium team and will be installed and operated at an existing
geothermal plant. A team of around 15 engineers and technicians have now finalised the design work and
the pre-fabrication of the plant started in February 2022, offsite in Germany. Designed to produce
15 to 20 kg/h of concentrated LiCl solution from 5000 to 6000 l/h of geothermal brine, the Demo Plant
will provide important operational learnings prior to Vulcan’s planned start of commercial production in
2024. More than 80%of the equipment has been ordered and commissioning start is on track for mid2022. The DLE Demo Plant will represent an approximately 1:200 scale of the first commercial plant.
Once operational, the plant will employ more than 20 people, with the Company committed to prioritising
local jobs in the Upper Rhine Valley region.

futr