About Vulcan

Lionheart Project

Vulcan Energy (ASX: VUL, FSE: VUL) is building the world’s first integrated carbon neutral lithium and renewable energy business to decarbonise battery production. Located in the Upper Rhine Valley Brine Field between Germany and France, Vulcan’s Lionheart Project is a lighthouse project for Europe’s energy and critical raw material resilience.

Lithium is to be extracted from low impurity geothermal sub-surface brines using Vulcan’s industry-leading VULSORB® technology. Naturally heated, the brine powers production and conversion of lithium to battery-quality material by creating a renewable energy co-product for use in operations, with surplus sold into the local energy market. This integration, technology and favourable brine chemistry collectively enables one of the lowest cost lithium operations globally.

Extraction is only the starting point for Vulcan.

We have reimagined mining using innovation to integrate and capture more of the value chain. Vulcan has made its positive Final Investment Decision on Lionheart, construction is underway, offtake contracted, and further phases of production are in planning.

Vulcans integrated business

From the upstream resource to downstream finished materials, Vulcan’s integrated approach will deliver a basket of products for the European battery supply chain. Our lithium applications include electric vehicles as well as battery energy storage systems for renewable energy and uninterrupted power supply for data centres and artificial intelligence.

European benefits

Vulcan offers strong local employment opportunities across a number of disciplines including engineering, project execution, chemicals and technology development.
Locally produced and processed battery-quality lithium, aiming to be the first in Europe, supplying local offtake partners, including Stellantis, and continuing to strengthen European decarbonisation targets.
Lionheart has a minimal environmental and social impact, with operational sites located in agricultural areas and no interaction with sites of ecological importance, according to preliminary environmental impact assessments undertaken by Natur SüdWest
Lionheart has been deemed eligible for Equator Principles-aligned project finance and has completed a bankable Environmental and Social Impact Assessment.

Purpose and Mission

The world is racing to achieve a zero carbon footprint and Vulcan is playing its part by innovating and supporting decarbonisation efforts. We believe in our goal: a carbon neutral future. We are committed to standing up for what really matters, firmly determined to shape a better future.

“Our mission is clear: we are working hard to become Europe’s leading sustainable lithium business and enabling energy security through geothermal renewable energy.”