21.04.2021 Vulcan Energy: Planned Spin-off and IPO of non-core Scandinavian assets into dedicated, “Zero Carbon Copper, Nickel, Cobalt” entity: Kuniko

21.04.2021 Vulcan Energy: Planned Spin-off and IPO of non-core Scandinavian assets into dedicated, “Zero Carbon Copper, Nickel, Cobalt” entity: Kuniko

Highlights:

Focus on areas with zero carbon, hydro-electric power, and of
development of mineral processing flowsheets for production using
zero fossil fuels.

  • Planned spin-off and IPO of non-core, Scandinavian battery metals projects (non-lithium) into a new dedicated vehicle, named “Kuniko Limited”.
  • Enables Vulcan to be fully focused on development of its core Zero Carbon Lithium® combined renewable energy and lithium chemicals
  • project in Germany.
  • Kuniko will be focused on the development of copper, nickel and cobalt projects in Scandinavia, with a strict mandate to maintain net zero carbon footprint throughout exploration, development and production.
  • Focus on areas with zero carbon, hydro-electric power, and of development of mineral processing flowsheets for production using zero fossil fuels.

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