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Vulcan’s Project Ludwig Phase Two PFS targets €1.7bn NPV8

Phase Two PFS for Project Ludwig shows €1.7bn post-tax NPV8, 20.2% IRR and 15% lower capital intensity versus Lionheart. Project targets 21,100 tpa lithium carbonate and 3,125 GWh renewable heat.

VUL

Phase Two PFS for Project Ludwig confirms robust economics, including a €1.7bn post-tax NPV8, a 20.2% IRR and 15% lower capital intensity than Lionheart. The project targets 21,100 tpa lithium carbonate and 3,125 GWh renewable heat, using proprietary extraction technology and existing infrastructure. Vulcan said the study advances its Eu…