16
Nov
15:49
Vulcan cuts capex for zero carbon lithium project in Germany
Australia-listed Vulcan Energy Resources on Thursday announced it has reduced capex for its zero carbon lithium project in Germany by around €100 million ($108.8m), Kallanish reports.
Following a bridging engineering study for phase one of the project, the new capex is €1,399m. The expected annual earnings before interest, taxes, depreciation and amortization (Ebitda) forecast of €521m remains unchanged.
The firm has also slashed its operation exp…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous