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sur Vulcan Energy Resources Limited (isin : AU0000066086)

Vulcan Energy Engages JordProxa for Lithium Plant Contract

Vulcan Energy Resources has awarded a significant €140 million contract to JordProxa for the supply of technology and equipment for the lithium purification and concentration processes in its Phase One Lionheart Project in Germany. The partnership aims to produce 24,000 tonnes of lithium hydroxide annually, supporting approximately 500,000 electric vehicles.

The contract encompasses design, fabrication, and delivery of core process units. It involves lithium extraction and conversion at two key sites: Landau and Frankfurt. JordProxa, known for advanced water treatment and crystallisation, will implement integrated solutions, ensuring high-purity lithium for battery production.

The deal follows a Memorandum of Understanding from May 2024, aiming to optimize project processes and enhance delivery times. Contract terms include performance testing and financial protections for Vulcan Energy. This collaboration is pivotal for Vulcan's ambition to establish a sustainable lithium value chain in Europe.

R. H.

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