Vulcan Energy Resources Ltd. (AU:VUL) has released an update.
Vulcan Energy Resources Ltd. has achieved a significant milestone by commencing production of lithium chloride at its Optimisation Plant in Germany, marking the first production of lithium chemicals from a local source for the European market. This step advances the security of the European battery supply chain and moves towards environmentally friendly lithium production via Vulcan’s Adsorption-type Direct Lithium Extraction process. The company is on track to produce lithium for about 500,000 electric vehicles once its commercial production phase begins, aligning with its ZERO CARBON LITHIUM™ initiative.
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