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Vulcan’s Ludwig PFS Delivers Stronger Returns and Lower Costs
8:18am on Thursday 3rd of September, 2026 AEST
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Mining
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Vulcan’s Ludwig PFS Delivers Stronger Returns and Lower Costs
8:18am on Thursday 3rd of September, 2026 AEST
Key Points
Project Ludwig targets 21,100 tonnes lithium carbonate annually
Post-tax NPV8 of €1.7 billion and IRR of 20.2%
15% lower capital intensity than Phase One Lionheart
Lowest quartile operating costs at €4,101 per tonne LCE
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