Post March 2021 Quarter to Date of Reporting
consultancy company Global Engineering and Consulting GmbH.
- The Company designed, built, commissioned, and is now operating a DLE Pilot Plant to demonstrate lithium extraction from geothermal brine. The team is focused on demonstrating pre-treatment and DLE processes, as well as the durability of the process over hundreds of cycles, which will feed into its Definitive Feasibility Study (DFS).
- Former senior EY Global Renewables Partner Josephine Bush joined the Vulcan Board as a Non-Executive Director.
- Planned spin-off and IPO of non-core, Scandinavian battery metals projects into a new dedicated vehicle, named “Kuniko Limited”.
- Binding agreement signed to acquire 100% of geothermal surface consultancy company Global Engineering and Consulting GmbH.