Australian company Vulcan Energy Resources Ltd. has announced the completion of the maiden Indicated Lithium-Brine Mineral Resource Estimate at the Insheim Licence, in the Upper Rhine Valley (or Upper Rhine Graben) of South-West Germany.
Vulcan has acquired direct access to lithium-enriched brine at the operating Insheim Geothermal Plant and Insheim Exploitation Licence via a binding Memorandum of Understanding with German utility Pfalzwerke geofuture GmbH (announced November 26, 2019).
The Insheim Geothermal Plant is currently pumping hot (approximately 165ºC), high-flow, lithium-enriched brine from aquifer depths of >2,980 m to the surface for power generation. Pfalzwerke geofuture GmbH is not processing or extracting lithium as part of the power generation circuit before the reinjecting the brine back down into the reservoir and the Memorandum of Understanding grants Vulcan an initial collaboration period that allows access to the Insheim Licence brine and data, with a pathway to construct a lithium extraction demonstration plant at Insheim in the future.
Read More........
