Total
0
Shares
Vulcan Energy Resources (ASX:VUL) - CEO and MD, Francis Wedin
CEO and MD, Francis Wedin
Source: Vulcan Energy Resources / Twitter
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Vulcan Energy Resources (VUL) produces its first battery quality lithium hydroxide monohydrate (LHM) from piloting operations in Germany
  • VUL says the sample exceeds traditional battery grade LHM product, at more than 56.5 per cent lithium hydroxide monohydrate with very low impurities
  • The company says further production of battery quality material will continue to ramp up to supply Vulcan’s offtake partners with samples
  • Vulcan is targeting Phase 1 commercial production for the 2024 calendar year, while its plant is set to be scaled up in size during the coming year
  • Vulcan Energy Resources is up 0.53 per cent, trading at $13.38 at 11:25 am AEST

Vulcan Energy Resources (VUL) has produced its first battery quality lithium hydroxide monohydrate from piloting operations in Germany.

The lithium hydroxide monohydrate (LHM) was produced from Vulcan’s sorption pilot plant in the Upper Rhine Valley in Germany. The pilot plant has been operating successfully since April 2021, using brine from a geothermal plant.

Vulcan said the sample exceeded traditional battery grade LHM product, at greater than 56.5 per cent lithium hydroxide monohydrate with very low impurities.

The lithium chloride extracted by the sorbent in the pilot plant was recovered with water and sent offsite. There it was purified and concentrated by a third-party provider to prepare the lithium chloride for electrolysis to produce lithium hydroxide solution.

The solution was then crystalised to produce battery grade LHM.

Data generated during the production of the sample are set to go towards Vulcan’s ongoing definitive feasibility study.  

The company said further production of battery quality material will continue to ramp up in order to supply Vulcan’s offtake partners with samples.

Vulcan’s Managing Director Francis Wedin said: “We will continue to methodically progress, de-risk and execute on our plan to build a fully integrated renewable energy and battery-quality lithium chemicals project in Europe to service the battery and electric vehicle industry.”

Vulcan is currently targeting Phase 1 commercial production for the 2024 calendar year, while its plant is set to be progressively scaled up in size during the coming year.

Vulcan Energy Resources was up 0.53 per cent, trading at $13.38 at 11:25 am AEST.

VUL by the numbers
More From The Market Herald

" Piedmont Lithium (ASX:PLL) increases Carolina mineral resource

Piedmont Lithium (PLL) has updated the global mineral resource estimate (MRE) for the company’s flagship Carolina Lithium Project in the US state of

" Quantum Graphite (ASX:QGL) wraps up drilling at Eastern Conductor

Quantum Graphite (QGL) has wrapped up a drilling program and rehabilitated drill holes at the Eastern Conductor in South Australia.

" Piedmont (ASX:PLL) completes initial investment in IronRidge

Piedmont Lithium (PLL) has invested 9.9 per cent in IronRidge Resources (IRR).
PepinNini Minerals (ASX:PNN) - Managing Director, Rebecca Holland Kennedy

" PepinNini Minerals'(ASX:PNN) Managing Director resigns

PepinNini Minerals’ (PNN) Managing Director has resigned from the leadership role.