Join our daily newsletter At The Bell to receive exclusive market insights
- Vulcan Energy (VUL) has been accepted as a member of the Global Battery Alliance (GBA)
- The GBA is an umbrella partnership made up of 70 members working towards a sustainable battery value chain globally
- GBA members include corporations such as Google, Volkswagen Group, Volvo Group and Wesfarmers
- Vulcan will participate in advancing projects in battery materials traceability and transparency which it says will shape the industry
- Vulcan Energy is trading up 1.69 per cent at $8.40 at 10:15 am AEST
Vulcan Energy (VUL) has been accepted as a member of the Global Battery Alliance (GBA).
The GBA is an umbrella partnership made up of 70 members working towards a sustainable battery value chain globally. It includes the likes of Google, Volkswagen Group, Volvo Group and Wesfarmers.
The GBA covers a range of issues including the circular recovery of battery materials, and ensuring transparency of greenhouse gas emissions and the progressive reduction of those emissions.
The GBA is also developing the Battery Passport, a global solution for securely sharing information and data to enable resource efficiency across a battery life cycle.
Vulcan will be specifically involved in advancing projects and initiatives around battery materials traceability and transparency that will shape the industry.
“Our goal is lithium production for the battery market with net zero greenhouse gas emissions, through our Zero Carbon Lithium Project, but also by driving systemic change across the industry,” Vulcan Managing Director Dr Francis Wedin said.
“As a member of the GBA, we look forward to working with our fellow members to shape this agenda at this critical juncture in Earth’s history as we aim to fundamentally change transportation and energy for the better.”
Vulcan Energy was trading up 1.69 per cent at $8.40 at 10:15 am AEST.
