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Why is the Vulcan Energy share price crashing 17% today?

Why is the Vulcan Energy share price crashing 17% today?
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.

ASX Today — Live ASX News | XJO Opens Lower, ANZ and Macquarie Report

ASX opens lower. ANZ and Macquarie report record profits but cautious on outlook. Apple beats low-bar estimates. US regional banks teeter.

Vulcan Energy Resources raising $109m

Lithium play Vulcan Energy Resources was expected to launch a $109 million raising on Thursday morning.

Vulcan signs deal with Nobian for €161m investment in lithium plant

Vulcan Energy Resources has signed a deal for chemicals producer Nobian to invest €161m in the former's main lithium plant in Germany.

EU should reconsider electric cars-only plans: not enough lithium

Europe s plans to ban all fossil fuel-powered vehicles by 2035 might be thwarted by the world s lithium supply not being large enough, according to a Financial Times report published Sunday. If the European Union is to switch to electric cars, demand for lithium will skyrocket and there would not be as much supply, the article noted.

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