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Why the Vulcan Energy (ASX:VUL) share price is up 4,000% in 12 months
James Mickleboro | January 18, 2021 2:17pm |
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Vulcan Energy Resources Ltd(ASX: VUL) share price has continued its impressive run and is zooming higher again on Monday.
At one stage today, the lithium-focused mineral exploration company’s shares were up as much as 24% to a record high of $7.97.
When the Vulcan Energy share price hit that level, it meant it was up a staggering 4,200% since this time last year.
What is Vulcan Energy Resources?
Vulcan refers to itself as the first Zero Carbon Lithium producer. It is aiming to produce a battery-quality lithium hydroxide chemical product with net zero carbon footprint from its combined geothermal and lithium resource.
IG Metall responds to planned closure of Daimler plant in Berlin: “The main thing is that we’re sitting at the table”
Production at the Daimler plant in Berlin-Marienfelde came to a standstill on Wednesday last week. Several hundred of the 2,500 employees followed a call by the IG Metall union and participated in a protest demonstration against the threatened shutdown of the long-standing plant in Germany’s capital.
This was the second demonstration within a month after IG Metall called for a protest on November 12. But while the workers involved are very concerned about their jobs and their future, the union is leading them around by the nose.