Vulcan Energy (ASX:VUL) acquires GeoThermal Engineering
Source: The Market Herald
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Vulcan Energy Resources (VUL) has signed a binding agreement to acquire 100 per cent of German geothermal sub-surface consultancy GeoThermal Engineering
GeoT has been working closely with Vulcan since the beginning of its Zero Carbon Lithium Project, supporting Vulcan s rapidly growing development team
Vulcan entered into a binding term sheet with the sole shareholder of GeoT, Dr. Horst Kreuter, who is also the Executive Director of Vulcan
Vulcan will acquire GeoThermal Engineering for a purchase price of just one euro (just under A$2)
Vulcan Energy (ASX:VUL) appoints new COO and joins lithium committee
Source: Bundesverband Geothermie
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Vulcan Energy Resources (VUL) has appointed geothermal project expert Thorsten Weimann as the company’s Chief Operating Officer
Thorsten has over 25 years’ experience in geothermal project development and operation in Germany
At Vulcan Energy, Thorsten will oversee the development of the company’s Zero Carbon Lithium Project in Germany
Meanwhile, the company’s Lithium Product Manager, Dr Katharina Gerber, has been elected as Chairman of a German lithium ISO standards committee
Vulcan Energy Resources is down 4.05 per cent and is trading at $7.58 per share
Why Vulcan (ASX:VUL) and these ASX shares are smashing the market in 2021
James Mickleboro | January 21, 2021 7:00am |
More on:
While the
S&P/ASX 200 Index (ASX: XJO) has started 2021 in a positive fashion, its modest gain is nothing in comparison to some that have been made this year.
Three ASX shares which are on fire in 2021 are listed below. Here’s what you need to know about them:
The BrainChip share price has raced 48% higher since the start of 2021. This gain appears to be related to announcements late in the year that caught the eye of investors. The artificial intelligence technology company revealed that NASA has placed an order for its Akida Early Access Evaluation Kit. It also announced the signing of an intellectual property license agreement with Renesas Electronics America.
Why the Vulcan Energy (ASX:VUL) share price is up 4,000% in 12 months
James Mickleboro | January 18, 2021 2:17pm |
More on:
The
Vulcan Energy Resources Ltd(ASX: VUL) share price has continued its impressive run and is zooming higher again on Monday.
At one stage today, the lithium-focused mineral exploration company’s shares were up as much as 24% to a record high of $7.97.
When the Vulcan Energy share price hit that level, it meant it was up a staggering 4,200% since this time last year.
What is Vulcan Energy Resources?
Vulcan refers to itself as the first Zero Carbon Lithium producer. It is aiming to produce a battery-quality lithium hydroxide chemical product with net zero carbon footprint from its combined geothermal and lithium resource.