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2.22800 EUR
0.064
2.96%
Last update Apr 24, 9:15 AM CEST
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Day range
2.22200
2.22800
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2.16400
Open
2.22200
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Vulcan Energy Resources Limited
2.23
0.06
2.96%

Overview

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Description

Vulcan Energy Resources Limited is a pioneering lithium and renewable energy producer focused on developing the world’s first integrated sustainable lithium and renewable energy business with a net-zero carbon footprint. Founded in 2018, the company extracts battery-quality lithium hydroxide from naturally heated subsurface brine in Europe’s largest lithium deposit, the Upper Rhine Valley, using patented direct lithium extraction technology like its aluminate-based VULSORB sorbent. This process avoids evaporation ponds and mining, harnessing geothermal energy to power operations and generate renewable heat and electricity as co-products for local communities. The flagship Lionheart Project aims to produce up to 24,000 tonnes of lithium hydroxide annually in Phase One, sufficient for around 500,000 electric vehicles, supporting Europe’s electric vehicle supply chain decarbonization. Vulcan operates geothermal plants like Natürlich Insheim, which generates revenue from renewable power, and has secured long-term offtake agreements with major players including Renault, Stellantis, Volkswagen, Umicore, and LG Energy Solutions. With segments in Germany, other European countries, and Australia, and 187 employees, Vulcan plays a crucial role in securing local, sustainable lithium supplies and advancing the green transition in the basic materials sector, particularly other industrial metals and mining.

About

CEO
Mr. Cristobal Moreno
Employees
371
Address
1 Spring Street
Level 11
Perth, 6000, WA
Australia
Phone
61 8 6331 6156
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Germany
MIC code
XMUN
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