Stocks of the Hour: Taruga Minerals, Vulcan Energy Resources, Panther Metals
A snapshot of the stocks on the move, featuring Taruga Minerals (ASX:TAR), Vulcan Energy Resources (ASX:VUL) and Panther Metals (ASX:PNT).
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Vulcan Energy Resources is aiming to enable a 100% green electric mobility transition by becoming the world’s first Zero Carbon Lithium™ producer for electric vehicle batteries.
Backed by a team of world-renowned experts in chemistry, engineering and geology, we aim to produce the world’s first, premium, battery-quality Zero Carbon Lithium™ hydroxide, by harnessing renewable geothermal energy to drive lithium production, without using evaporation, mining or fossil fuels.
We will do this from our combined deep geothermal and lithium brine resource, which is Europe’s largest lithium resource, in the Upper Rhine Valley of Germany.
Our resource is large enough to satisfy Europe’s lithium needs for many years to come, and ensure the transition to electric vehicles is done with minimal environmental footprint. Europe is the world’s fastest growing lithium chemicals market, with zero local supply.
In doing so, we will fix lithium’s problems for the EU electric vehicle market: a very high carbon and water footprint of production, and total reliance on foreign imports.
A snapshot of the stocks on the move, featuring Taruga Minerals (ASX:TAR), Vulcan Energy Resources (ASX:VUL) and Panther Metals (ASX:PNT).
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A snapshot of the stocks on the move, featuring Krakatoa Resources (ASX:KTA), Cosmos Exploration (ASX:C1X) and Vulcan Energy Resources (ASX:VUL, FSE:VUL).
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A snapshot of the stocks on the move, featuring Galan Lithium (ASX:GLN), Vulcan Energy Resources (ASX:VUL), ABx (ASX:ABX) and Bryah Resources (ASX:BYH).
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A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Vulcan Energy Resources (ASX:VUL) and Australian Gold and Copper (ASX:AGC).
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13 Jul 2023 - A snapshot of the stocks on the move, featuring Alliance Aviation (ASX:AQZ), Vulcan Energy Resources (ASX:VUL) and Cirrus Networks Holdings (ASX:CNW).
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Vulcan Energy (ASX:VUL) has signed a conditional debt commitment letter for €879m (about A$1.45bn) to fund Phase One of its Lionheart Project.
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Vulcan Energy (ASX:VUL) has announced a $164m institutional placement and a $20m share purchase plan (SPP) to fund key aspects of its Lionheart Project in Germany's Upper Rhine Valley Brine Field.
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14 Jul 2023 - In the previous article, Direct lithium extraction: a potential solution to the lithium supply crisis (Part 1/2), we outlined what direct lithium extraction (DLE) is, how it works, and how it can alleviate a potential supply crisis.
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13 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.66 per cent or 118.50 points higher at 7,254.20, marking its third consecutive day of gains.
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13 Jul 2023 - At noon, gold miners experienced a significant surge in value as traders revised their expectations for risk-free rates due to cooling US inflation and a decline in bond yields.
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As the lithium price continues to struggle, Peter Milios looks at the tricky dynamic between the EV and lithium sectors, both now and into the future.
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Vulcan Energy Resources (ASX: VUL), the lithium up-and-comer backed by Gina Rinehart, revealed another off-take agreement ahead of the company’s annual meeting yesterday.
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A global shift in capital allocations is underway. Trillions of dollars are flowing into sustainable or green investments, as the, ‘environmental, social and governance’ (ESG) sector shakes off its image as simply a feel-good investment class.
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Given its size and carbon-neutral production process, Vulcan has potential to be a primary source of lithium hydroxide for the burgeoning European EV and battery industries.
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