About us
Vulcan Energy (ASX: VUL, FSE: VUL) is developing an integrated lithium and geothermal renewable energy business in Europe, aiming to support the decarbonisation of European battery supply chains.
Located in the Upper Rhine Valley Brine Field between Germany and France, Vulcan’s first phase of production, Project Lionheart (Lionheart), is designed to support the development of a local European battery materials supply chain and European energy security through the production of geothermal renewable energy.
Lithium is to be extracted from geothermal sub-surface brines using Vulcan’s proprietary VULSORB® lithium extraction technology. Naturally heated, the brine is designed to power production and conversion of lithium to battery-quality material by creating a renewable energy co-product for use in operations, with surplus intended to be sold into the local energy market.
Extraction is only the starting point for Vulcan. Vulcan has reimagined mining using innovation to integrate and capture more of the value chain. A positive final investment decision has been made on Lionheart, construction is underway, offtake is contracted and planning is underway for further phases of production, including Project Ludwig.
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