Vulcan secures site for its planned commercial lithium hydroxide plant in Germany.
Francis Wedin Vulcan Managing Director commented:
Securing a site for the Central Lithium Plant is an important step toward the execution of the Zero Carbon Lithium™ Project.
“Importantly, the location allows for low carbon transport options from our nearby project areas, as well as renewable energy to power the proposed plant, which underpins our commitment to minimising our carbon footprint in each step of our process. This follows on from the first production of battery quality lithium hydroxide from our pilot plant, announced on 27th September.”
About Vulcan
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Vulcan is aiming to become the world’s first lithium producer with net zero greenhouse gas emissions. Its ZERO CARBON LITHIUM™ Project intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource, which is Europe’s largest lithium resource, in Germany.
Vulcan’s unique, ZERO CARBON LITHIUM™ Project aims to produce both renewable geothermal energy, and lithium hydroxide, from the same deep brine source. In doing so, Vulcan intends to address lithium’s EU market requirements by reducing the high carbon and water footprint of production, and total reliance on imports.
Vulcan aims to supply the lithium-ion battery and electric vehicle market in Europe, which is the fastest growing in the world. The Vulcan Zero Carbon Lithium™ project has a resource which can satisfy Europe’s needs for the electric vehicle transition, from a source with net zero greenhouse gas emissions, for many years to come.
Highlights:
- Vulcan Energy Resources Limited (Vulcan; ASX: VUL) has signed an agreement with chemical park management company Infraserv, to secure a site for its planned Central Lithium Plant (CLP) of its ZERO CARBON LITHIUM™ Project, at the Höchst Chemical Park (Industriepark Höchst), located just outside of Frankfurt.
- Höchst is one of Europe’s largest chemical sites and hosts more than 22,000 personnel and 90 companies including Nobian, Clariant, Sanofi and Celanese.
- The CLP is intended as a processing hub, processing lithium chloride from multiple combined geothermal and lithium sorption plants into lithium hydroxide monohydrate.
- From the CLP, the lithium hydroxide monohydrate is intended to be transported to Vulcan’s European customers in the battery and electric vehicle industry, dramatically lowering the transport footprint of the current lithium supply chain.
- The Höchst site features key advantages for the project including:
- proximity to Vulcan’s project areas where the integrated geothermal and sorption operations are proposed to be built;
- multiple low carbon transport modes available (barge, train);
- availability of renewable power onsite; and
- the required space and utilities for future phased expansion of the CLP.
- Vulcan will be working with a dedicated team going forward to obtain necessary permits in the chemical park for the CLP construction and operation
Vulcan secures site for its planned commercial lithium hydroxide plant, September 29, 2021
