📋 About: Vulcan Energy Resources (FWB: 6KO, ASX: VUL) is aiming to become the world’s first Zero Carbon Lithium® producer. VUL has developed the world’s first and only zero-carbon lithium process and plans to produce battery-grade lithium hydroxide from geothermal brines pumped from wells with a renewable geothermal energy by-product. VUL’s resource is large enough to satisfy Europe’s lithium needs for many years to come, and ensure the transition to electric vehicles is done with minimal environmental footprint.
🌏 Macro Themes: EU shift to Electric Vehicles and enforced ethical, low carbon, local sourcing of battery metals. and in battery materials production in Europe and North America. Strong interest emerging in the EV/battery/battery raw materials sector from individual and institutional investors, and particularly ESG funds.