EAU Lithium executes negotiation agreement with YLB
Published by Jody Dodgson,
Editorial Assistant
Global Mining Review,
The agreement sets out how the two parties will conduct formal discussions towards a possible future contract for the implementation of industrial plants, utilising the VULSORB®A-DLE technology licenced to EAU Lithium by Vulcan Energy.
The agreement follows earlier technical testing work led by EAU Lithium – demonstrating Vulcan Energy’s VULSORB®A-DLE technology on brine samples from Pastos Grandes, Empexa, and Coipasa – and a subsequent invitation from YLB to continue negotiations.
Vulcan Energy’s VULSORB®A-DLE technology has also been trialled successfully on synthesised Uyuni brine samples at Edith Cowen University in Western Australia.
EAU Lithium, in strategic technology partnership with Vulcan Energy, was selected from 34 parties in the Public Tender Round to proceed with technology testing and viability modelling, with the technical testing contract signed with EAU Lithium at a formal ceremony in La Paz in December 2024, accompanied by senior dignitaries from the Bolivian government and European Union and Member State Ambassadors and senior representatives.
EAU Lithium has received diplomatic support from the European Union, in particular Germany, reflecting the strategic technology partnerships with Vulcan’s German subsidiaries responsible for the technology licensing and broader engineering support, including geothermal energy research potential.
Vulcan is building its flagship Lionheart project in Germany and has recently completed a major financing round to fund the construction its integrated lithium-geothermal project utilising its VULSORB®A-DLE technology, including substantial funding from the European and German governments. This financing reflects the strategic importance of lithium to Europe’s industrial and decarbonisation agenda. Vulcan is committed to the global deployment of its VULSORB A-DLE technology through trusted partners such as EAU Lithium.
Read the article online at: https://www.globalminingreview.com/mining/17022026/eau-lithium-executes-negotiation-agreement-with-ylb/