Vulcan Energy Resources Ltd 2021 AR2
The report highlights Vulcan Energy's progress during the fiscal year ended June 30, 2021, focusing on its Zero Carbon Lithium Project in Germany. The company completed a positive Pre-Feasibility Study demonstrating a post-tax NPV of 2.256 billion Euros and commissioned a direct lithium extraction pilot plant with over 90% lithium recovery. Vulcan raised 120 million Australian Dollars from ESG investors to accelerate project development and secured binding lithium offtake term sheets with LG Energy Solution and Renault Group. Additionally, the company achieved carbon-neutral certification for its Australian operations from Climate Active and joined the Global Battery Alliance.
Company: Vulcan Energy Resources Ltd
Sector: Materials
Country: Australia
Year: 2021
Type: AR2
Pages: 142
Vulcan Energy Resources Ltd
Annual Report
The report highlights Vulcan Energy's progress during the fiscal year ended June 30, 2021, focusing on its Zero Carbon Lithium Project in Germany. The company completed a positive Pre-Feasibility Study demonstrating a post-tax NPV of 2.256 billion Euros and commissioned a direct lithium extraction pilot plant with over 90% lithium recovery. Vulcan raised 120 million Australian Dollars from ESG investors to accelerate project development and secured binding lithium offtake term sheets with LG Energy Solution and Renault Group. Additionally, the company achieved carbon-neutral certification for its Australian operations from Climate Active and joined the Global Battery Alliance.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees