Vulcan Energy is pleased to announce it has officially signed a heat offtake agreement with German municipal energy supplier, EnergieSüdwest AG, for the supply of geothermal renewable heat from Vulcan's Lionheart Phase One Project. Key highlights The agreement was signed in a ceremony attended by representatives from the Company, ESW, and Mayor of the City of Landau, Dr Dominik Geißler Under the terms of the agreement [...]
Vulcan Energy announces an extension to the conditional debt commitment letter signed in December 2024 as the Company progresses discussions with banks in financing its Phase One Lionheart Project. Summary The conditional debt commitment letter signed by the commercial bank group in December 2024 has been extended until September 2025, reflecting the Company's revised financing timeline targeting finalisation of debt [...]
Vulcan commences first new Phase One Lionheart geothermal energy-lithium well Start of drilling represents start of Phase One execution sub-surface works Summary Vulcan Energy is pleased to announce its 100%-owned drilling subsidiary, Vercana, has commenced drilling the first new well for the Phase One Lionheart Project at the Schleidberg well site near Landau, Germany. The Company currently operates four production and [...]
Vulcan Energy is pleased to report the start of execution works on its integrated Phase One integrated renewable energy and lithium project, with mobilisation of its V20 drilling rig to the Phase One Schleidberg well site near Landau, Germany. The Company's Phase One Lionheart Project targets production of around 24,000 tonnes per annum lithium hydroxide monohydrate1 for electric vehicle batteries, as well as renewable [...]
Rule 5.5 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Vulcan Energy Resources Ltd. ABN Quarter ended 38 624 223 132 31 December 2024 Consolidated statement of cash flows Current quarter €'000 Year to date €'000 1. Cash flows from operating activities 1.1 Receipts from customers 3,080 8,578 1.2 Payments for exploration & evaluation [...]
Vulcan Energy achieved significant milestones to further progress its Phase One Lionheart Project, Europe's most advanced integrated renewable energy and sustainable lithium project. Highlights from the Quarter Successful completion of a fully underwritten institutional placement and concurrent strategic placement raising €100m and a subsequent Share Purchase Plan which raised ~€4.9m 1 Conditional debt [...]
Vulcan Energy Resources is pleased to announce that production of Lithium Hydroxide Monohydrate has met product purity specifications at the Company's downstream Central Lithium Electrolysis Optimisation Plant at the Industrial Park Höchst, Frankfurt, Germany. Key highlights Vulcan has produced the first battery quality LHM at its downstream optimisation plant, by processing high purity lithium chloride concentrate [...]
Vulcan Energy Resources Ltd. is pleased to announce that production of Lithium Hydroxide Monohydrate has met product purity specifications at the Company's downstream Central Lithium Electrolysis Optimisation Plant at the Industrial Park Hochst, Frankfurt, Germany. Key highlights - Vulcan has produced the first battery quality LHM at its downstream optimisation plant, by processing high purity lithium chloride concentrate [...]
Vulcan Energy is pleased to announce the successful completion of a fully underwritten institutional placement and concurrent strategic placement. The Placement raised €100m from the issue of ~28 million new, fully paid ordinary shares at an offer price of A$5.85 per New Share/ €3.57 per New Share.[1] The Placement was strongly supported by existing and new institutional investors, including a number of local and [...]
Vulcan Energy Resources Ltd. is pleased to announce the awarding of EUR100m from the German Federal Ministry of Economics and Climate Protection and the European Recovery and Resilience Facility via the German Recovery and Resilience Plan for its HEAT4LANDAU Project. The BEW Funding is allocated under the Guideline for Federal Funding for Efficient Heating Networks and will enable transformative measures for decarbonising [...]
Vulcan Energy Resources is pleased to announce the start of lithium hydroxide production at the Company's downstream Central Lithium Electrolysis Optimisation Plant in Industrial Park Höchst, Frankfurt, Germany. Key highlights • The first lithium hydroxide has been produced by Vulcan in Germany from the processing of high purity lithium chloride concentrate extracted from brines at its Adsorption-type Direct Lithium [...]
Vulcan Energy Resources has been assessed by leading independent ratings agency, S&P Global Ratings, and awarded a Dark Green rating overall, the highest ever received by a Metals and Mining company globally. Vulcan was also awarded a Dark Green rating across the Green Enabling Project and Renewable Energy categories. This has been completed as part of its Green Financing Framework with the bank Natixis CIB, as ESG [...]
