ELECTRIC VEHICLES

After Stallantis EV day we flagged two further events happening out of Europe this week which we followed closely for any news that could drive demand for VUL’s Zero Carbon Lithium or EMN’s recycled and sustainably sourced Manganese.

Two more major events will happen in the next 48 hours that could shape the auto industry as we know it and further impact our investments in VUL and EMN: VolksWagen announces new group strategy 2030 and uropean Commission will announce an action plan to reduce carbon emissions by 55% by 2030.

A few weeks ago we invested more in Vulcan Energy Resources (ASX: VUL) via the placement at $6.50 - as a long term hold. VUL’s share price has just come back to around the placement price, which often happens for a little while as the market digests the newly issued stock.

Vulcan Energy Resources (ASX: VUL | FRA: 6KO) ran up to a high of $5.67 yesterday and went into a trading halt. Vulcan Energy Resources (ASX: VUL | FRA: 6KO) ran up to a high of $5.67 yesterday and went into a trading halt.