A geothermal power station of German power supplier EnBW Energie Baden Wuerttemberg AG, where a pilot facility for lithium extraction will be built, is pictured in Bruchsal, Germany, April 23, 2021.
“If you look at Vulcan’s project development plan, it might be argued to be rather novel. Even investments in conventional lithium projects over the last few years haven’t had an easy run,” analyst Reg Spencer of Canaccord Genuity in Sydney said.
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