Summary:
- Key consultants engaged to assist Vulcan with its world-first Zero Carbon Lithium™ Project Definitive Feasibility Study (DFS).
- International lithium plant eingineering specialists Hatch Ltd. (https://www.hatch.com/) appointed as engineering consultant responsible for the lithium chemicals part of the DFS including the eingineering and execution planning for the Direct Lithium Extraction (DLE) plants and Central Lithium Plant (CLP).
- International energy eingineering specialists GLJ Ltd. (https://www.gljpc.com) appointed as engineering consultant responsible for compiling the overall report, economic modelling and signing off on the geological engineering and geothermal renewable energy part of the DFS.
- Vulcan has three in-house teams, following its recently announced acquisitions, whose work will drive the DFS output:
- Vulcan’s in-house lithium chemistry and chemical engineering team, led by Dr. Stephen Harrison, focussed on laboratory and pilot plant work.
- Gec-co, responsible for geothermal above-surface engineering and development, including permitting.
- GeoT, responsible for geothermal and geological below-surface engineering and development.
- Vulcan’s in-house lithium chemistry and chemical engineering team, led by Dr. Stephen Harrison, focussed on laboratory and pilot plant work.
- Vulcan is targeting a 12-month timeframe to complete its DFS, which is fully funded, following its $120m raise in February.
Managing Director, Dr. Francis Wedin, commented: “Following a few months of successful pilot operation, as planned we are now commercing our Definitve Feasibility Study towards our world-first, combined renewable energy and lithium battery chemicals project in Germany. Hatch Ltd. and GLJ Ltd., both leaders in their fields, will be liaising with our expert in-house teams to execute on the DFS. We are looking forward to an exciting and challenging 12 monhts ahead, as we execute on our unique Zero Carbon Lithium™ Project.”