Key Partnership Positions Vulcan Energy for European Lithium Dominance

A pivotal development has emerged for Vulcan Energy as it finalizes a crucial supply agreement with commodities titan Glencore. This contract represents the final required offtake arrangement for the project’s initial production phase, effectively clearing the path for Europe’s most ambitious lithium production initiative. Despite this fundamental progress, market participants are questioning when the company’s shares will reflect this operational breakthrough, given their recent downward trajectory.

The newly inked agreement with Glencore stands as the last major milestone before Vulcan Energy proceeds with project financing, anticipated within the current quarter. Under the eight-year arrangement, the commodities giant will purchase between 36,000 and 44,000 tonnes of lithium hydroxide, representing approximately one-fifth of the planned output from Phase One operations. This partnership... Read more...