on MERSEN (EPA:MRN)
Mersen Partners with Vulcan Energy for Europe's Lithium Initiative
Mersen has announced a significant contract with Vulcan Energy, aimed at bolstering Europe’s battery industry. The agreement involves supplying an Eco&FLEX® unit for the Lionheart Project, Europe’s first fully integrated lithium and renewable energy initiative. This unit will be installed at Vulcan Energy’s Frankfurt site, aiding in lithium chloride conversion to lithium hydroxide for electric vehicle batteries. Additionally, it supports chlorine recovery and energy reuse, boosting the site's environmental performance.
Mersen was chosen for its expertise in high-quality isostatic graphite and carbon impregnation technology, crucial for producing battery-grade lithium. Luc Themelin, Mersen's CEO, emphasized the contract's role in strengthening Mersen's position in energy transition markets.
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