Total
0
Shares
Vulcan Energy (ASX:VUL) joins the charges of the Global Battery Alliance
Source: Shutterstock
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Vulcan Energy (VUL) has been accepted as a member of the Global Battery Alliance (GBA)
  • The GBA is an umbrella partnership made up of 70 members working towards a sustainable battery value chain globally
  • GBA members include corporations such as Google, Volkswagen Group, Volvo Group and Wesfarmers
  • Vulcan will participate in advancing projects in battery materials traceability and transparency which it says will shape the industry
  • Vulcan Energy is trading up 1.69 per cent at $8.40 at 10:15 am AEST

Vulcan Energy (VUL) has been accepted as a member of the Global Battery Alliance (GBA).

The GBA is an umbrella partnership made up of 70 members working towards a sustainable battery value chain globally. It includes the likes of Google, Volkswagen Group, Volvo Group and Wesfarmers.

The GBA covers a range of issues including the circular recovery of battery materials, and ensuring transparency of greenhouse gas emissions and the progressive reduction of those emissions.

The GBA is also developing the Battery Passport, a global solution for securely sharing information and data to enable resource efficiency across a battery life cycle.

Vulcan will be specifically involved in advancing projects and initiatives around battery materials traceability and transparency that will shape the industry.

“Our goal is lithium production for the battery market with net zero greenhouse gas emissions, through our Zero Carbon Lithium Project, but also by driving systemic change across the industry,” Vulcan Managing Director Dr Francis Wedin said.

“As a member of the GBA, we look forward to working with our fellow members to shape this agenda at this critical juncture in Earth’s history as we aim to fundamentally change transportation and energy for the better.”

Vulcan Energy was trading up 1.69 per cent at $8.40 at 10:15 am AEST.

VUL by the numbers
More From The Market Herald

" Brookside (ASX:BRK) clarifies Jewell Well completion operations

Dual-lister Brookside Energy (BRK) is advancing preparations for its upcoming oil and gas excavation campaign at the Jewell Well in Oklahoma.
Brookside Energy (ASX:BRK) celebrates landmark spudding at  Jewell well

" Red Sky Energy (ASX:ROG) gets the green light to begin operations at Killanoola

Red Sky Energy (ROG) has received approval to begin operations at the Killanoola Oil Project in South Australia.
Strike Energy (ASX:STX) - Managing Director & CEO, Stuart Nicholls - The Market Herald

" Strike Energy (ASX:STX) observes gas flows at West Erregulla

Strike Energy (STX) has observed gas flows to surface from a perforation conducted at the West Erregulla 5 well in the base of
Redflow fall $6.6M short in funding for latest expansion

" Redflow (ASX:RFX) taps investors for $9.6m via undersubscribed placement

Redflow (RFX) is set to pocket $9.6 million from investors, who took up just over half of the shares available via the company’…