SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

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: €1.7bn post-tax NPV8, 20.2% IRR, and 15% lower capital intensity than Lionheart.

Targeting 21,100 tpa lithium carbonate and 3,125 GWh renewable heat, it leverages proprietary extraction tech and strong infrastructure, advancing Vulcan's Eu…