Vulcan Energy

Vulcan's Group Chief Financial Officer and Executive Director Felicity Gooding has featured in the UKs Treasury Today magazine, commenting on our green financing framework, the importance of support from Export Credit Agencies, and why renewable energy companies benefit from strong in principle interest from financiers. "There also needs to be a balance between the structure of credit and the inherent risks, including certainty of future revenues in potentially fluctuating energy markets and performance of assets, particularly in the case of new technologies." 🔒 To read the article, go to https://bit.ly/3Q6xdsY #GreenFinance #ProjectFinancing #Sustainability #Decarbonisation #RenewableEnergy #Europe #Lithium #SupplyChain #EVs

Vulcan is pleased to announce the start of execution works on the Phase One Lionheart Project with the mobilisation of the V20 drilling rig to the Schleidberg well site near Landau, Germany.  After successful completion of key infrastructure works, including well pad construction, crew camp establishment, and build of access roads, mobilisation of the V20 rig has commenced by our in-house geothermal well execution company, Vercana GmbH. Managing Director and CEO, Cris Moreno, commented: "The mobilisation of the V20 drilling rig is not only an important milestone for our Project, but in Vulcan’s mission to establish a sustainable, European-based lithium supply chain. "With two fully refurbished, state-of-the-art rigs and a hugely experienced team, Vercana is well positioned to safely deliver new geothermal and lithium production and injection wells for many years to come in Central Europe, delivering both baseload renewable heating and lithium production for electric vehicle batteries." 👉 For the full announcement, see https://bit.ly/4hkhGlj #WellExecution #Sustainability #RenewableEnergy #EVs #Decarbonisation #EnergyTransition #MobilityTransition #GeothermalEnergy #Lithium #Europe #SupplyChain #CriticalRawMaterials

Vulcan’s Q4 Activities and Cash Flow reports for period ending 31 December 2024 are out! It was a momentous Quarter for the Company, with a number of significant operational and financing milestones achieved as we continue to advance our Phase One Lionheart Project. Vulcan’s Managing Director and CEO, Cris Moreno, commented: “The start of lithium hydroxide production at our downstream optimisation plant was a major step forward and, together with the official opening of the plant, was the culmination of many years’ of work. “During the Quarter, we also announced German government funding, strategic partnerships, and made substantial progress on the financing of Phase One of the Project. "Following our successful capital raise in December, we expect the positive trajectory to continue throughout 2025, with project execution works set to commence for Phase One in Q1 2025, including the start of well execution." Read the full reports below: 👉 Activities report: https://bit.ly/3Ck9kev 👉 Cash Flow report: https://bit.ly/42wPQxT #Sustainability #RenewableEnergy #EVs #Decarbonisation #EnergyTransition #MobilityTransition #GeothermalEnergy #Lithium #Europe #SupplyChain #CriticalRawMaterials

The German Chancellor Olaf Scholz, visited Vulcan’s Lithium Extraction Optimisation Plant and Geothermal Plant in Landau on the weekend. Scholz witnessed firsthand how our integrated production of sustainable lithium and renewable energy is a game-changer for Europe’s green future. A strong advocate for sustainable energy solutions, Scholz reaffirmed his government’s commitment to geothermal energy projects and harnessing domestic and sustainable raw materials to strengthen Europe’s independence and resilience in critical supply chains. As Europe races toward a greener, self-sufficient future, Vulcan’s project, as the most advanced in Europe, is setting the stage for a new era in clean energy and mobility. Read more here: https://bit.ly/3EbORZQ #SustainableLithium #Sustainability #ADLE #GreenMobility #Decarbonisation #GeothermalEnergy #SustainableSupplyChain (imagery credit: Uli Deck Artis_Photographie)

The Telegraph UK has published an in-depth feature on Vulcan's groundbreaking Project Lionheart—a world-first project with the power to reshape Germany and Europe’s energy and mobility landscape.  However, this isn’t just about Vulcan. The feature shines a spotlight on Europe’s resilience and sovereignty, as Germany takes bold steps to reduce its reliance on foreign energy and resources. By onshoring lithium supply chains, we aim to accelerate Europe’s energy security and independence. With 24,000 tonnes of battery-grade lithium annually, we’ll have the capacity to power half a million electric cars. The road to #criticalrawmaterial independence starts here! 🔋 Read the full feature 👉 https://bit.ly/3CgYllN #Lithium #Sustainability #GreenMobility #Decarbonisation #GeothermalEnergy #SupplyChain

✅Green light from Ludwigshafen City Council to start renewable geothermal heat project. Yesterday, the Ludwigshafen City Council unanimously approved the start of seismic investigations for Vulcan Energy's joint project with BASF, one of the world's largest chemical producers. This partnership is focused on developing and delivering affordable, baseload renewable geothermal heat to BASF's global headquarters in Ludwigshafen, Germany. Additionally, the project aims to provide district heating for the Ludwigshafen and Frankenthal communities. The council's unanimous approval marks a significant milestone in advancing this project, paving the way for the region's long-term, sustainable heat supply. 💚   #RenewableEnergy #GeothermalEnergy #Sustainability #VulcanEnergy #Decarbonisation #Renewableheat #Energytransition

First production of battery quality lithium hydroxide monohydrate (LHM) 🔋 Vulcan has established a secure, sustainable, and fully domestic lithium supply chain, advancing Europe’s green mobility transition. We’ve produced the first battery quality LHM from our downstream optimisation plant by processing high-purity lithium chloride concentrate extracted from brine at our upstream, Adsorption-type Direct Lithium Extraction (A-DLE) optimisation plant in Landau. Located very close to end-user automotive and battery customers, we further enhance Vulcan's cost competitiveness and minimal carbon footprint. Phase One will supply approximately 24,000 tonnes of LHM annually to power 500,000 EVs. Managing Director and CEO Cris Moreno commented: “This is a major milestone for Vulcan and demonstrates the final step in establishing the first fully domestic and integrated supply chain in Europe producing battery-grade LHM from a local resource. “I am really proud of the Vulcan project and operations team on how quickly they have moved from start of operations in November to first production of pure LHM which further exemplifies Vulcan’s position as Europe’s most advanced integrated lithium and renewable energy project." We’re driving the future of sustainable mobility! 💚🔋 ASX: https://bit.ly/40ddoFh #Lithium #Sustainability #GreenMobility #VulcanEnergy #Sustainability #Decarbonisation #Lithium #GreenLithium #GeothermalEnergy #CriticalRawMaterials #SustainableSupplyChain (imagery credit: Uli Deck Artis_Photographie)

What an incredible year for Vulcan Energy! 🌟 As we continue our mission to becoming Europe’s first fully integrated sustainable lithium and renewable energy business, we’re filled with gratitude and inspiration. As #OneVulcan, we’ve achieved remarkable milestones this year, pushing boundaries and redefining what is possible in the pursuit of a greener future. To our shareholders and investors: Thank you for your unwavering confidence, trust and support. To our OneVulcan team: Thank you for your dedication and belief in Vulcan’s purpose. Every day, we collectively power Europe’s #greenenergy and #mobilitytransition 🌍 #Sustainability #Decarbonisation #Lithium #GreenLithium #GeothermalEnergy #CriticalRawMaterials #Europe #SupplyChain

Vulcan has been awarded a €1.96m grant from the German Federal Government, reimbursable between 2025-27. The grant is to apply Artificial Intelligence to optimise process engineering at Vulcan's upstream lithium extraction and downstream lithium hydroxide refining optimisation plants. The road ahead is bright, and we’re more determined than ever to deliver a better tomorrow. 🌍 #Sustainability #Lithium #LithiumExtraction #GreenEnergy #EnergyTransition #Decarbonisation #TeamWork

Vulcan is pleased to announce the signing of a €879m (~A$1.45bn) conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of Vulcan's Phase One Lionheart Project.   The development is a significant step towards the financing of the Project, with the signed letter also including a credit pre-approved term sheet setting out the key terms and conditions of the proposed debt financing.  The continued and strong involvement of the European Investment Bank (EIB), Export Credit Agencies (ECAs) and commercial banks highlights the importance of Vulcan’s Project both to Europe’s critical raw materials supply chain resilience for electric vehicles, and to the European energy transition. Group CFO, Felicity Gooding, commented: “The strong level of support shown by the EIB, ECAs and commercial banks underscores the integrity of the Project and its standing as Europe's leading integrated lithium and renewable energy project in Europe.” For the full announcement, go to https://bit.ly/49KA2ZH #DebtFinancing #DebtCommitment #EnergyTransition #Lithium #CriticalRawMaterials #RenewableEnergy #SupplyChain #ElectricVehicles