19.11.2021 Vulcan to acquire electric drill rigs for Zero Carbon Lithium™ Project

19.11.2021 Vulcan to acquire electric drill rigs for Zero Carbon Lithium™ Project

Enabling renewable energy (heat/power) and decarbonisation of electric vehicle battery raw materials supply in Europe

Highlights

  • Vulcan Energy Resources Ltd. (Vulcan, the Company; ASX: VUL) has agreed to acquire two electric drill rigs as part of the Company’s Zero Carbon Lithium™ Project.
  • The specialised rigs can drill to the target depth required for deep geothermal energy wells in the Upper Rhine Valley, Germany. The deep geothermal

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