ASX-listed Vulcan Energy soars on high-grade lithium production

Vulcan Minerals

24/10/2022 02:14

** Shares of Vulcan Energy Resources  VUL.AX  jump as much
as 14.9% to A$6.94, their best intraday gain since June 24
    ** Vulcan says it has produced the highest grade, lowest
impurity lithium hydroxide to date from its pilot plant in the
Upper Rhine Valley in Germany  urn:newsml:reuters.com:*:nASX9bnl2r 
    ** VUL produced lithium hydroxide graded 57.1%, exceeding
the battery grade specification of 56.5% required from offtake
customers
    ** Stock hits highest level since Oct. 12
    ** VUL down 41.9% YTD, as of last close
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))