Vulcan Energy’s Insheim geothermal plant Credit: File Vulcan Energy has received a non-binding letter of support from Australia’s export credit agency, Export Finance Australia (EFA) for up to $200m to back its unique geothermal lithium brine project in Germany. Vulcan will use the letter of support to help finance phase one of its Zero Carbon Lithium project, where geothermal energy will be used in the lithium extraction process and also spun off for domestic heating or conv

Vulcan Energy Resources believes its lithium extraction optimisation plant is just 73 days away from mechanical completion. Credit: File Vulcan Energy Resources has entered the final stage of development of its lithium extraction optimisation plant in Germany, with the company on target for the mechanical completion of its operation in August. The extraction plant forms a key part of the company’s Zero Carbon lithium project as it aims to become the world’s first integrated l

Stellantis’ major car plant in Mulhouse. Credit: File Vulcan Energy has signed an agreement with Stellantis – a deal representing France’s first joint project for the potential use of geothermal renewable energy to supply the global auto giant’s Mulhouse plant. The deal is the fourth agreement between the two companies since 2021 as they aim to jointly produce clean, renewable energy for internal consumption at Stellantis’ manufacturing site. Based on current assumptions, Vul

Vulcan Energy Resources’ geothermal plant and pilot lithium extraction operation in Germany’s Upper Rhine Valley. Credit: File Vulcan Energy has opened its order book to purchase long lead capital expenditure items to start construction of its German-based phase one lithium plant and geothermal renewable energy plant, fully funded by a €66m (AU$109m) placement. The company will also use the raised funds to drill extra production-reinjection wells to increase brine flow, in ad

Vulcan Energy is looking to produce lithium hydroxide at a plant in Germany. Credit: File It is looking increasingly likely that Vulcan Energy may be able to build its proposed €322m (AU$530m) lithium hydroxide plant in Germany without putting its hand in its pocket. A freshly signed term sheet with big European chemical and energy producer Nobian GmbH will see Nobian tip €161m (AU$265m) into a 50/50 JV vehicle which Vulcan says should be enough to secure debt funding for the

Vulcan Energy: Europe’s biggest lithium play – with a twist! Vulcan Energy Managing Director Francis Wedin on 6PR Bulls N' Bears Report Listen to ASX-listed Vulcan Energy Managing Director Francis Wedin talk to Matt Birney on radio - 6PR Perth - on the Bulls N’ Bears Report about Vulcan’s remarkable plans to produce both lithium and geothermal energy – from the same operation. Vulcan Energy’s stock rocketed from 20c a share to $16 in 2021 when the market saw the unique nature