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Vulcan Energy Resources (ASX:VUL) partners with DuPont to advance Zero Carbon Lithium

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ASX:VUL      MCAP $569.5M
17 February 2021 12:30 (AEST)
Vulcan Energy Resources (ASX:VUL) - Managing Director, Dr Francis Wedin

Source: 121 Mining Investment TV

Vulcan Energy Resources (VUL) has partnered with DuPont Water Solutions to test direct lithium extraction (DLE) solutions for its Zero Carbon Lithium extraction process.

Vulcan is aiming to become the world’s first zero-carbon lithium producer by production battery-quality lithium hydroxide and renewable geothermal energy from its geothermal and lithium resource in Germany.

Under the agreement, DuPont will utilise its DLE products to help Vulcan carry out test work on its Zero Carbon Lithium extraction process. As part of this project, DuPont will develop and test an integrated DLE process for Vulcan’s brine.

DuPont specialises in sustainable water purification and separation technologies. Its multi-technology portfolio includes lithium selective sorbent, nanofiltration, reverse osmosis, ion exchange resins, ultrafiltration and close circuit reverse osmosis.

“We are proud to bring our expertise in water filtration and purification to Vulcan Energy’s Zero Carbon Lithium project to minimise the carbon and water footprint of lithium extraction and production—to more sustainably power mobility for years to come,” DuPont Global Vice President and General Manager HP Nanda said.

Vulcan’s Managing Director, Dr Francis Weden, believes DuPont’s diverse products will be suitable to sustainably extract lithium from brine.

“We look forward to a successful long-term relationship with DuPont, to implement our strategy of becoming a major supplier of our unique Zero Carbon Lithium hydroxide to the European electric vehicle battery market,” he said.

Vulcan is down 3.63 per cent and shares are trading at $7.17 at 12:09 pm AEDT.

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