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Vulcan Energy buys geothermal plant to power lithium extraction

The Australian-German lithium startup Vulcan Energy Resources has acquired a geothermal power plant in Germany for €31.5Mn ($35.7Mn). Vulcan wants to upgrade the 4.8 MW Insheim plant previously owned by local utility Pfalzwerke to set up a new test facility for low-carbon lithium production. Vulcan Energy, or its German subsidiary Vulkan Energie Ressourcen GmbH, reportedly […] More…

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