Business
Why the Vulcan Energy (ASX:VUL) share price stormed 186% higher in January
It certainly was a fantastic month for the Vulcan Energy Resources Ltd (ASX: VUL) share price in January.
The clean lithium-focused mineral exploration company’s shares rocketed 186% higher over the month.
This latest gain means the Vulcan Energy share price is now up a remarkable 3,800% since this time last year.
Why did the Vulcan Energy share price rocket 186% higher in January?
There were a couple of catalysts helping to drive the Vulcan share price materially higher in January.
One of those was the improving outlook for lithium prices and demand thanks to President Biden’s policies on renewable energy and the growing adoption of electric vehicles.
This has given the whole lithium sector a major lift in recent…
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