Business
Why the Vulcan Energy (ASX:VUL) share price is up 4,000% in 12 months
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.
This is Europe’s largest lithium resource, located in the Upper Rhine Valley of Germany.
The company plans…
-
General20 hours agoThree players sin-binned as Australia win torrid second Test 14-4 over England to retain Ashes
-
Noosa News14 hours agoDo the Queensland government’s claims about the surgical waiting list stack up?
-
Noosa News12 hours agoClean-up begins in south-east Queensland after homes, cars damaged by giant hailstones
-
Noosa News10 hours agoFarewell Di and Doug | Noosa Today