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Posts Tagged: Vulcan Energy Resources

Stellantis expands relationship with lithium producer Vulcan Energy

Stellantis has made a new equity investment of €50 million in lithium producer Vulcan Energy Resources, and extended its original binding offtake agreement to 10 years. Vulcan will apply some of the new funding to a planned expansion of production at its Upper Rhine Valley Brine Field. Vulcan is already producing geothermal energy at the… Read more »

Stellantis signs lithium supply agreement with Vulcan Energy

The Stellantis Group has signed a binding agreement with lithium producer Vulcan Energy to supply battery-grade lithium hydroxide in Europe for the automaker’s electrified vehicles. Vulcan will supply Stellantis with between 81,000 and 99,000 metric tons of lithium hydroxide over the five-year term of the agreement. Shipments are to begin in 2026. The Vulcan supply… Read more »

German firms plan to exploit massive lithium deposits beneath the Rhine

Geologists have estimated that an area in the Upper Rhine Valley, in the Black Forest area of southwestern Germany, holds enough lithium for more than 400 million electric cars, making it one of the world’s biggest deposits. The trove could reduce the reliance of the German car industry on imported lithium. The European Commission estimates… Read more »