Vulcan (ASX:VUL) share price slumps despite new partnership

Vulcan Energy Resources Ltd (ASX: VUL) shares are sliding in late afternoon trade. At the time of writing, the Vulcan share price is slumping 2.7% to $7.21.

This comes despite the company announcing a collaboration with DuPont Water Solutions to advance its zero-carbon lithium extraction operations. Under the umbrella of one of the world’s largest chemical companies, DuPont Water Solutions specialises in purification and specialty-separation technologies. The company operates on a global scale delivering sustainable methods of water management.

What did Vulcan announce?

The Vulcan share price is trending lower despite the company releasing the positive announcement soon after market open this morning. 

According to its release,…