.VulcanEnergyRes will joint venture at its geothermal lithium project in Italy enelgreenpower energy EnergyTransition
PERTH – ASX-listed Vulcan Energy Resources has struck a collaboration agreement with Italian geothermal energy producer Enel Green Power to develop its Italian project and explore future opportunities for cooperation.
Under the terms of the agreement, the two companies will explore and develop Vulcan’s Cesano licence through a joint scoping study, and would evaluate cooperation opportunities on other geothermal lithium projects in Italy.The companies would assess the potential of the Cesano licence in a step-wide approach, starting with a scoping study, with Enel already having previously explored and drilled a number of wells in the area, and gathered relevant data from local reservoirs.
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