Creating regional value Upper Rhine Valley Brine Field.
The largest upstream lithium resource in Europe Vulcan’s URVBF.
- Vulcan’s URVBF lithium resource is 27.7 million tonnes of contained Lithium Carbonate Equivalent (Mt LCE) @ 175 mg/L, in the Phase One Lionheart area. Vulcan’s licence area comprises 18 areas with a total area of 2,234 km2, which can be expanded in stages.
- Large, 300km-long graben system containing consistent sedimentary-hosted geothermal-lithium reservoir.
- There are currently 36 geothermal plants operating in Germany and 42 active projects. The Federal Government targets to reach 100 plants by 2030.
- URVBF area is a mature, producing field, with >1,000 oil & gas and 24 deep geothermal wells already drilled in the URV.
Operating in the Upper Rhine Valley Regional development locations.
The Upper Rhine Valley region is in a particularly advantageous geological location: at a depth of around 3,600 meters, there is huge energy potential in the form of geothermal brine. Only a few regions in Germany offer such favorable conditions for the generation of geothermal energy.