Vulcan Energy Resources WKN: A2PV3A ISIN: AU0000066086 Forum: Aktien Thema: Hauptdiskussion

Mail von 23:02, Teil 1 Vulcan becomes renewable energy producer with geothermal plant acquisition Dear Friends, Please accept our apologies for two letters so close together, but a lot has happened this week. Following on from our announcement on Wednesday that our planned production is now fully booked out following definitive offtake agreements with Volkswagen Group, Stellantis, Renault Group and Umicore, and a binding term sheet with LG Energy Solution, we have today finalised some agreements to become a renewable energy generator and secure immediate access to geothermal brine operations, as part of the upscaling of our future development plans. Insheim renewable energy plant acquisition Vulcan’s unique Zero Carbon Lithium™ Project aims to produce both renewable geothermal energy and lithium hydroxide for electric vehicles for the European market. Today marks a significant step on this journey with the acquisition of an operational geothermal renewable energy plant, with proven lithium-in-brine grades, in the Upper Rhine Valley, Germany. Notably, the purchase establishes Vulcan as a revenue generating, renewable energy producer and sees us become one of only three operational renewable energy companies on the ASX who solely generate zero carbon renewable energy. Currently owned by regional energy supplier Pfalzwerke AG, at present the plant has the technical ability to produce a maximum of 4.8MW renewable power, equivalent to approximately 8,000 households, with an additional ability to produce heating. The Insheim Plant pumps lithium-bearing brine to the surface for geothermal energy generation before the brine is reinjected into the reservoir. We have said from the outset that our Zero Carbon Lithium™ Project has the potential to generate dual revenue from geothermal renewable energy and lithium battery chemicals sales. The Insheim Plant will be an initial positive source of revenue for Vulcan, capitalising on the favourable Feed-in Tariff for geothermal power in Germany, and a step in the journey towards our planned large-scale deployment of renewable energy and lithium production. Funded with a portion of the proceeds from our September institutional $200 million capital raising, the acquisition is consistent with Vulcan’s strategy to acquire and upgrade existing brownfield renewable energy and lithium-bearing brine infrastructure and to de-risk and grow our Zero Carbon Lithium™ Project. The acquisition also includes 100% ownership of the Insheim 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. We will formally take over the plant from 1 January 2022 and will retain all existing local employees as part of the transition. We also plan to invest in the expansion and modernisation of the power plant.

Dann rauf mit der Kiste auf 12€

Läuft!!!

Neue Good News! Insheim!

Knallt sachste?

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02465085-6A1067992?access_token=83ff96335c2d45a094df02a206a39ff4

Vulcan also Rechte investiert. Ein extra Grund mehr Short. Kann nur sagen schande

Ist sehr gut, wenn Rechte verlieren Geld. Vulcan AfD Fan oder wie muss ich dieses verstehen?

Diskrimination wegen Sprache ist Rechte Experte. Nicht meine Welt. Ich mache Geld an Stock Exchange und jetzt ist perfekte Situation für Short in diese Scam.

Und du sprachtalent. 😘

😂😂😂😂 Amateur

🤭🤭🤡

Dach passt gut. Pénz sehr gut gelaufen. Jetzt beste Zeit Shirt hier

Csilla dach schon gefallen auf deine kopf?

Pipi in Hose macht Thomas Kind.

Csilla machen bald Pippi in Hose wenn short verlieren :)