Vulcan Energy sets date for its fully local commercial production of lithium chemicals after it officially opens “a training ground”

Published: Nov 30, 2023 11:40
Source: SMM
Vulcan Energy has inaugurated its Lithium Extraction Optimization Plant (LEOP) in Landau, Germany on November 23.

Vulcan Energy has inaugurated its Lithium Extraction Optimization Plant (LEOP) in Landau, Germany on November 23. The LEOP facility is set to produce lithium chemicals entirely from local resources while utilizing renewable heat from geothermal energy. The Phase One commercial plant is expected to be operational in the next two and a half years. Vulcan promises to supply lithium hydroxide for 500,000 battery electric vehicles annually, as it has partnered up with major automotive and battery manufacturers like Stellantis, Volkswagen, LG, and Umicore.
Such plans also spotlight geothermal energy as a new tool in sustainable mining, integrating lithium extraction with renewable energy production, which could serve as a model for other regions which are rich in geothermal resources and worrying about battery supply chain security and sustainability.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
17 hours ago
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Read More
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth
On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State
17 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
17 hours ago
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Read More
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run
On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.
17 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
17 hours ago
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
Read More
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational
On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.
17 hours ago
Vulcan Energy sets date for its fully local commercial production of lithium chemicals after it officially opens “a training ground” - Shanghai Metals Market (SMM)