VUL Ludwig PFS flags €1.7B NPV8 and 20% IRR for lithium project
VUL’s Phase two (Ludwig) PFS shows a €1.7B NPV8 and 20% IRR, plus 15% lower CapEx. Ludwig targets integrated, low-cost lithium carbonate production with a 30-year life and improved capital efficiency.
Phase two (Ludwig) builds on Lionheart’s platform, targeting integrated, low-cost lithium carbonate production with a 30-year life and improved capital efficiency.
Ludwig’s PFS shows a €1.7B NPV8 and 20% IRR, with both projects in the global bottom 10% for production costs.
European lithium demand…