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Replies to post #140 on Vulcan Energy Resources Ltd (VULNF)
TradingCharts
02/23/23 9:39 PM
#141 RE: NanoEE #140
Lithium Extraction Demonstration Plant and Production team • Onsite works continue at Vulcan’s Lithium Extraction Demonstration Plant in Landau, where Vulcan remains on target for mid-year operations to commence. This follows two years of successful pilot plant testing the lithium extraction on the geothermal brine. • Brine lines to the existing geothermal operation have been successfully installed. • VULSORB™, Vulcan’s proprietary sorbent, has been manufactured at the tonne scale by a French toll manufacturer for Vulcan’s Demo Plant. Vulcan is in discussions with the toll manufacturer to move to commercial production of VULSORB™, which would represent the first and only lithium extraction sorbent produced in Europe, for Europe. Current supply chains for lithium extraction sorbent production mostly relies on either China or Russia. • Growth continues in the Production team, under Vulcan’s new Vice President of Production Christian Tragut, who recently joined Vulcan from BASF, where he was Vice President of Operations for BASF in Germany. • Once operations commence mid-2023, Christian will focus on training the Vulcan Production team on the Demo Plant, targeting operational readiness prior to commercial scale production as part of Phase One start of production target for year-end 2025.
11/28/23 9:47 AM
#143 RE: NanoEE #140