Journalist filming part of the Vulcan plants

Stay tuned Press & News.

Welcome to our press area. We provide you with comprehensive information on our news and highlights. Here you will find all the news about Vulcan and the development and proceed in our ZERO CARBON LITHIUM™ Project. We’re happy to support you. Please find all contact details below and feel free to reach out to us.

Always informed Press Releases.

If you have questions, please reach out to us at press@v-er.eu.

vulcan

Vulcan receives positive vote from Landau City Council

Karlsruhe, 10 June 2024. The Landau City Council voted in favour of the land development plan for “D12” at its last meeting on Tuesday 4th June before the local elections held on the weekend. The approval was granted by a strong majority, clearly demonstrating support from the City Council towards Vulcan’s integrated renewable energy and ZERO CARBON LITHIUM™ Project (the Project). The zoning stipulated in the “D12” development plan for the “Am Messegelände Südost” industrial estate, forms the basis for the construction of Vulcan’s integrated Geothermal and Lithium Plant in Landau.  Vulcan has already submitted the corresponding building applications for the planned facility. The City Council can now review the applications in conjunction with the development plan and building permits. The planned Geothermal Plant will enable The City of Landau to utilise green energy both for the municipal district heating supply and for the carbon neutral energy supply of industry and commerce. Vulcan’s Chief Development Officer, Thorsten Weimann stated, “The Landau City Council’s decision represents a significant step towards a sustainable and carbon neutral future for Landau and the region. Vulcan is looking forward to partnering with The City of Landau to drive the world leading ZERO CARBON LITHIUM™ Project (the Project) forward and make an important contribution to the energy transition. The positive vote of D12 gives Vulcan a solid basis for the Geothermal and Lithium plant permits and positions us well for the start of construction aligned with our project schedule.” Vulcan’s Project will result in numerous benefits for the citizens of Landau and the surrounding region. Vulcan’s aim is to generate carbon neutral heat for more than one million people in the Upper Rhine Valley by 2030 and thus actively support the German federal government’s goal of initiating 100 additional geothermal projects by 2030. “The population of Landau and companies in the region will not only benefit from baseload renewable energy, but also carbon neutral heat supply,” adds Weimann. Lithium-rich brine and hot industrial water will be transported to Vulcan’s Geothermal and Lithium Plant in Landau via a pipeline system. The hot industrial water will be used to provide carbon neutral heat through a district heating system, thus producing green energy to benefit the local community in Landau and the surrounding region. In the Lithium Plant, the lithium will be extracted from the brine before it is returned to the subsurface, in a closed loop system. The lithium chloride produced will be transported to the Industrial Park in Hoechst for conversion to lithium hydroxide monohydrate in Vulcan’s Central Lithium Plant. Offtake agreements have already been secured with Stellantis, Umicore, Renault, LG Energy Solution and Volkswagen. Vulcan’s Managing Director and CEO, Cris Moreno stated, “This positive result from The Landau City Council is an important step in the realisation of Phase One of our integrated and renewable energy ZERO CARBON LITHIUM™ Project. We are moving decisively towards the construction of the integrated Geothermal and Litihium Plant in Landau and are delighted with the City’s support for our Project which will benefit the region not just via renewable energy and heat, but in jobs and services.  A win-win for The City of Landau.”   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585        
vulcan

Vulcan welcomes new Australian Ambassador to Germany

On 4 June 2024, Her Excellency Natasha Smith, Australian Ambassador to Germany, was officially welcomed by the German Australian Business Council at the ‘Ambassador’s Welcome Dinner’ in Frankfurt. As a German-Australian integrated geothermal energy and ZERO CARBON LITHIUM™ business, Vulcan was invited as the keynote speaker. Vulcan’s Managing Director and CEO, Cris Moreno, delivered the keynote, emphasising the need to strengthen trade policies for critical raw materials between Australia and Germany.  He advocated for a multi-channel partnership focused on technology, extraction, production and recycling to drive innovation and ensure a sustainable, secure supply chain for critical raw materials and green energy. Vulcan is at the forefront of this development, delivering Europe’s flagship project of carbon neutral lithium production to fit the green transition. The event was iconic, given its proximity to a huge geothermal-lithium brine reservoir three kilometres underground, spanning 300 kilometres from Frankfurt to Basel. This reservoir contains one of the world’s largest lithium resources, crucial for Europe’s domestic battery electric vehicle production. Vulcan, having access to this resource, uses Adsorption-type Direct Lithium Extraction (A-DLE) to extract lithium from this geothermal brine, delivering high-quality carbon neutral lithium chemicals while providing baseload renewable heating to local communities: a win-win. The event was timely, with the signing of the Memorandum of Understanding (MoU) between the EU and Australia on 28 May, 2024, with the intent to partner on sustainable critical and strategic minerals. This MoU aims to strengthen partnerships for secure raw material supply chains, science and technology collaboration, and the development of ESG standards. It covers exploration, extraction, processing, refining, recycling, as well as processing of extractive waste, aligning perfectly with Vulcan’s ZERO CARBON LITHIUM™ and Renewable Energy Project, which encompasses the first four steps within Germany. This agreement follows the entry into force of the European Critical Raw Materials Act, which aims to ensure a diverse, secure, and sustainable supply of critical raw materials for the EU’s industry with reliable partners and a shared dedication to reduce critical raw material dependencies. Cris Moreno stated: “Today, we are witnessing how critical raw materials are the key ingredient to the energy transition, and any country who does not secure their own supply chain puts themselves at the mercy of those who have them. Therefore, we must respond in unity across the West to protect our way of living. Australia, with its vast experience of lithium production, and Germany, with its excellence in renewable energy and engineering, complementary for cooperation on climate action, renewable energy, and critical minerals is an essential pillar of the bilateral economic relationship.  Australia and Germany are ideally suited as trading and innovation partners in the green transition to shape the future of this collaboration.”   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585  
vulcan

Vulcan and JordProxa Partner for Phase One of ZERO CARBON LITHIUM™ Project

Karlsruhe, 23 May 2024. Vulcan Energie Ressourcen GmbH (Vulcan) and JordProxa Pty. Ltd. (JordProxa) have entered into a Memorandum of Understanding (MoU) for the technology and process components for the Lithium Extraction and Central Lithium Plants of Vulcan’s Phase One integrated renewable energy and ZERO CARBON LITHIUM™ Project (the Project). JordProxa, an Australian headquartered international company, is a leader in custom water processing, crystallisation and evaporation plant and systems, playing a key role in meeting the challenges of high purity, sustainability, and value to meet the increasing demand for lithium-ion and other battery metals. JordProxa has over 250 project references globally including major battery grade projects for blue chip clients in Finland, Australia, Latin America and Canada. The partnership between Vulcan and JordProxa as the selected technology partner is geared toward the joint objective of delivering Vulcan’s Phase One Project on time with improved cost performance and optimisation for the lithium process portion of the project development. Leveraging JordProxa’s expertise in resources and technology, the intent of the MoU is to enhance project processes and production, streamline delivery times, and optimise Vulcan’s project costs. Additionally, this MoU will facilitate early engagement with the EPCm contractor and the Main Electrical and Automation Contractor to clarify scope definition, boundary limits, design principles, standards, and interfaces. Design optimisation will be achieved by integrating JordProxa’s experience and utilising the capability, data and knowledge from Vulcan’s current pilot and optimisation plants. Working closely with Vulcan’s German-based team, JordProxa will optimise the design basis and develop pricing proposals, project execution plans, and an interface management plan. Beyond project completion, JordProxa’s commitment is intended to extend to operational support and continuous performance improvement initiatives throughout the plant’s lifecycle. This long-term commitment would ensure that Vulcan can rely on JordProxa’s support and expertise even after the Project is completed. Vulcan MD and CEO, Cris Moreno stated, “I’m confident this MoU marks the beginning of a promising long-term partnership between Vulcan and JordProxa. We are delighted to join forces with JordProxa to deliver cutting-edge water processing, crystallisation and evaporation systems for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project and beyond, underscoring our mutual dedication to innovation and sustainability.” Director of JordProxa, Angus Holden stated, “Vulcan’s ZERO CARBON LITHIUM™ Project offers a breakthrough opportunity in sustainable lithium production. JordProxa’s MoU with Vulcan enables our joint teams to work as partners towards the common goal of sustainable lithium.  We look forward to supporting Vulcan in realising this milestone project”. Upon completion of the MoU scope by 31 October 2024, Vulcan and JordProxa aim to advance negotiations towards a definitive agreement for the execution of Vulcan’s Phase One Lithium Extraction and Central Lithium Plants of the ZERO CARBON LITHIUM™ and Renewable Energy Project.   About Vulcan  Founded in 2018, Vulcan’s purpose is to empower a carbon neutral future, through the co-production of lithium, heat and renewable energy from geothermal brine. Vulcan is focused on delivering the world’s first integrated renewable energy and ZERO CARBON LITHIUM™ Project. By adapting existing technologies to efficiently extract lithium from geothermal brine, Vulcan aims to deliver a local source of sustainable lithium for Europe, built around a carbon neutral strategy with exclusion of fossil fuels. Already an operational renewable energy producer, Vulcan will also provide renewable electricity and heat to local communities. Vulcan’s combined geothermal energy and lithium resource is the largest in Europe, with licence areas focused on the Upper Rhine Valley, Germany. Strategically placed in the heart of the European electric vehicle market to decarbonise the supply chain, Vulcan is rapidly advancing the ZERO CARBON LITHIUM™ Project to target timely market entry, with the ability to expand to meet the unprecedented demand that is building in the European markets. Guided by our Values of Climate Champion, Determined and Inspiring, and united by a passion for the environment and leveraging scientific solutions, Vulcan has a unique, world leading scientific and commercial team in the fields of lithium chemicals and geothermal renewable energy. Vulcan is committed to partnering with organisations that share its decarbonisation ambitions and has binding lithium offtake agreements with some of the largest cathode, battery, and automakers in the world. As a motivated disruptor, Vulcan aims to leverage its multidisciplinary expert team, leading geothermal technology and position in the European EV supply chain to be a global leader in producing carbon neutral lithium. Vulcan aims to be the largest, most preferred, strategic supplier of lithium chemicals and renewable power and heating from Europe, for Europe; to empower a carbon neutral future.   About JordProxa  JordProxa delivers custom engineered solutions to produce a wide range of ultra-pure battery chemicals by integrating advanced water treatment, evaporation and crystallization technologies.  Our experience, spanning over 45 years in diverse industries enables us to offer cost effective and robust solutions that incorporate the latest advances in technology. Head quartered in Sydney, Australia, JordProxa operates throughout Europe, North & South America, Middle East, Africa and Southeast Asia.  It offers the complete range of capabilities and services from project inception to completion, including R&D, testing, on-going operational support and aftermarket support. Through on-going research and development, both in-house and through tertiary academic and research institutions, the company is able to continuously meet and exceed the ever-increasing purity needs of lithium-ion batteries and other energy metals, We leverage an established network of fabrication alliances and decades of experience with modular plant design. This allows us to deliver key plant assemblies that are extensively tested and proven in the workshop before they are dispatched and installed on site. This helps us optimise project delivery time whilst minimising the project risk.   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585
singing, abb, Vulcan, mou
vulcan

Vulcan and ABB Partner for Phase One of ZERO CARBON LITHIUM™ Project

Karlsruhe, 24 April 2024. Vulcan Energy Resources and ABB have entered into a Memorandum of Understanding (MoU) on the electrical and automation delivery requirements of Vulcan’s Phase One integrated renewable energy and ZERO CARBON LITHIUM™ Project. The collaboration with ABB intends to leverage global industry leading expertise to optimise processes, shorten delivery time, and reduce and improve cost performance. Vulcan’s early engagement strategy will help the parties establish a solid foundation for collaboration, minimise risks, and support the on-time project execution of Vulcan’s Phase One integrated renewable energy ZERO CARBON LITHIUM™ Project. ABB Ltd., a Swedish-Swiss headquartered international company (SWX: ABBN – market capitalisation ca. 84 billion CHF), is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. ABB is to identify, develop and propose the best solutions to the electrical and automation portion of the Phase One project development. The timing of this agreement will also include later involvement with the EPCm contractor for process plants and EPC contractor for Phase One power plant to clarify design principles, standards, and interfaces. Through this preparatory engagement, the collaboration will enable the clarification of design principles, standards, and interfaces, as well as early design and optimisation in electrification and automation for process and power. Furthermore, the two companies aim to go beyond project completion, extending to operational support and continuous performance improvement initiatives throughout the lifecycle of the plant. “This MoU marks the beginning of a promising long-term collaboration between Vulcan and ABB”, said Vulcan’s Managing Director and CEO, Cris Moreno. “We are delighted to be partnering with ABB to deliver world-leading solutions in electrical and automation for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project and beyond, reflecting our joint commitment to innovation and sustainability.” “ABB’s MoU with Vulcan Energy Resources marks a significant partnership to jointly provide battery manufacturing expertise to the European market”, said Staffan Sodergard, Global Business Unit Battery Manufacturing Manager, ABB Process Industries. “This collaboration underscores ABB’s commitment towards advancing innovation and technology to the battery manufacturing industry”, he added. Upon completion of the MoU scope by 31 October 2024, Vulcan and ABB aim to advance negotiations towards a definitive agreement for the execution of Phase One of the ZERO CARBON LITHIUM™ and Renewable Energy Project activities.   Media inquiries: If you have questions please reach out to us under press@v-er.eu.
vulcan

Vulcan paves the way: European Parliament’s call for an EU geothermal energy strategy

Vulcan welcomes the results of the Report on Geothermal Energy by the European Parliament, which has been overwhelmingly voted for in a motion with 531 in favour and two against. The Report noted:  geothermal energy is vital not only for the energy transition but for the just transition.  geothermal energy can supply more than 75 % of the heating and cooling consumed in Europe and over 15 % of its electrical power by 2040. the process of extracting raw materials from geothermal brines in an environmentally sustainable way could help contribute to securing a local and reliable supply of strategic critical raw materials, including lithium, therefore strengthening the EU’s economic resilience. notes, in this regard, that facilities that extract both geothermal energy and raw materials induce higher employment effects than traditional geothermal plants as well as attract businesses looking to use multiple resource streams. This significant step highlights Europe’s recognition of geothermal energy as an untapped opportunity for renewable energy development and underlines the EU’s commitment to its broader climate and energy targets for 2030. Vulcan is championing Europe’s geothermal energy transition. In October, Vulcan’s Co-Founder and geothermal energy expert, Dr. Horst Kreuter, hosted members of Professor Krasnodębski’s team at its geothermal power plant in Insheim, Germany, which for many was their first visit to a geothermal plant. Following this visit, Vulcan supported the European Parliament in Brussels, together with the European Geothermal Energy Council (EGEC), in formulating a needs assessment for the geothermal industry and contributing to the European geothermal agenda. Vulcan’s is already contributing to a green energy future for Europe, suppling thousands of households with renewable power from its Insheim geothermal plant, in Germany. Further expansion of its geothermal operations is under planned as part of Phase One of the ZERO CARBON LITHIUM™ Project. On a German federal level, the Federal Government has set out a vision to boost the country’s geothermal potential tenfold to 10 terawatt-hours and add another 100 geothermal projects by 2030. By this time, Vulcan aims to provide geothermal renewable heat production for one million people through its integrated renewable energy and ZERO CARBON LITHIUM™ Project. Managing Director and CEO, Cris Moreno stated: “Geothermal energy is a constant “24-7” form of energy and it is pleasing to see this source recognised and valued as a substantial part of the European energy solution of the future. This resolution will accelerate geothermal energy adoption and act as a catalyst for Vulcan’s ZERO CARBON LITHIUM™ Project for Phase One and beyond.   Media inquiries:   Annabel Roedhammer Vice President Communications and Investor Relations aroedhammer@v-er.eu +49 (0) 1511 410 1585
vulcan

Vulcan welcomes German government’s €1 billion for critical raw materials to bolster green projects

Vulcan Energy Resources welcomes the German government’s creation of a €1.1 billion (AU $1.8 billion) investment fund to fortify the nation’s access to critical raw materials essential for high-tech and green projects. This will be managed by the state-owned KfW development bank. Initial details indicate a selection process will be established to determine which projects are eligible, including in extraction, processing, and recycling materials. For Vulcan, this decision to invest further in the development of domestic raw material projects comes at an important time for the company, which is progressing with its project-level debt and equity financing program for Phase One of the ZERO CARBON LITHIUM™ Project. Managing Director and CEO Cris Moreno stated: “The demand for lithium is expected to increase 57-fold by 2050 in Europe. Vulcan aims to be front and centre for securing a domestic and sustainable supply chain within Europe, for Europe. We are thrilled to see this commitment made to ramp up and foster innovation, ensuring domestic resilience of critical raw materials supply chains and to include this investment program into our debt and project-level equity financing process”. As an integrated lithium and geothermal company with net zero greenhouse gas emissions, and process operations from lithium extraction to lithium hydroxide production, Vulcan believes itself to be well-placed to potentially benefit from this investment process. Vulcan is developing sustainable lithium production from its ZERO CARBON LITHIUM™ Project in the Upper Rhine Valley, Germany, the largest lithium resource in Europe. Phase One of Vulcan’s ZERO CARBON LITHIUM™ Project will produce 24,000tpa of Lithium Hydroxide (LHM), equivalent to 500,000 Electric Vehicles. Vulcan will supply key auto and battery makers in the European supply chain, including its second-largest shareholder, Stellantis.   Media inquiries:   Annabel Roedhammer Vice President Communications and Investor Relations aroedhammer@v-er.eu +49 (0) 1511 410 1585
Infographic of the setup of the G-LEP
vulcan

Positive City Council vote for Geothermal and Lithium Extraction Plant

The agreement enables Vulcan to construct the Phase One Geothermal renewable energy and Lithium Extraction Plant (G-LEP) on the intended land which is located in the Landau region. Completion of acquisition of this land is set to occur subsequently, following satisfaction of already agreed conditions and execution of the formal purchase agreement. The land is located within the planned Landau commercial park “Am Messegelände Südost”. The positive vote underlines the strong support by the City of Landau, given the Project’s strong local social and environmental benefits. The prospective land acquisition is a major step in completion of the Phase One plant land packages and will add to the site already secured at Industrial Park Frankfurt Hoechst for the Central Lithium Plant (CLP), underlining the Company’s strong progress towards delivering Phase One. The decision comes shortly after the opening of Vulcan’s Lithium Extraction and Optimisation Plan (LEOP) in Landau, and during the early stages of Vulcan’s project-level Phase One financing which commenced at the end of November. Vulcan’s Phase One commercial operation is targeting 24,000 tonnes per annum lithium hydroxide production, to supply the European battery electric vehicle supply chain. Vulcan’s Managing Director and CEO, Cris Moreno, commented: “The decision from the Landau City Council not only represents an important step forward for the execution of Phase One of our ZERO CARBON LITHIUM™ Project, but also underlines the significant progress made towards enabling a more sustainable end-to-end Battery Electric Vehicle supply chain in Europe. This is a collective stakeholder engagement effort, and we are thrilled to have the City of Landau and its administration working together with us towards realising the enormous benefits of our Project to the Landau region and beyond. This positive decision is a significant de-risking event for Phase One. Our immediate focus now is on producing the first tonnes of lithium on specification from our Optimisation Plants in Q1 2024 and finalising our project-level Phase One financing by the end of Q2.” On 12 December, the Landau City Council formally approved a decision to grant Vulcan the right to begin construction of and subsequently, following satisfaction of conditions, acquire the land for its Phase One ZERO CARBON LITHIUM™ Project integrated G-LEP. This land is within the planned Landau commercial park “Am Messegelände Südost”. The final acquisition agreement will be signed following satisfaction of conditions, such conditions having already been agreed, between Vulcan and the relevant Landau City Department, and include partial fulfillment of the intended land development plan for the commercial park in which the land is located. Lithium-rich brine and the hot industrial water will be transported to Vulcan’s G-LEP facilities in the Landau commercial park. The hot industrial water will be used to provide carbon neutral heat, thus producing green energy to benefit the local community in Landau and the surrounding region. In the Lithium Extraction Plant, the lithium will be extracted from the brine before it is returned to the subsurface, in a closed loop system. The lithium chloride produced will be transported to the Industrial Park in Hoechst for conversion to lithium hydroxide.
vulcan

Environmental and Social Impact Assessment completed for Phase One ZERO CARBON LITHIUM™ Project

Vulcan is advancing Phase One of its ZERO CARBON LITHIUM™ Project: the first integrated project delivering renewable energy and lithium, from Europe for Europe. In doing so, Vulcan aims to:  Meet Europe’s battery electric vehicle critical raw material needs. Provide affordable, baseload renewable energy to local communities. Generate thousands of direct and indirect jobs linked to the energy transition, decarbonisation, and electrification of transport.   Key outcomes of the ESIA report: The environmental and social baseline, impact assessment, and cumulative impact assessment completed by ERM is in line with lenders’ requirements to ensure a level of environmental performance prior to the furnishing of debt finance, e.g. the International Finance Corporation (IFC) Performance Standards on Environmental and Social Sustainability, and the Equator Principles (EP4). ESIA notes there are multiple positive impacts of the Project, including renewable heating provision for local communities, and carbon neutral lithium production to decarbonise the lithium supply chain, in a world leading first for the industry   Other positive impacts noted in the ESIA included: The creation of numerous energy transition jobs, as well as ongoing local innovation and research in green technologies; the Project is being developed entirely on industrial and farming land, with no material negative impact to the local environment, and farming activities continuing uninterrupted; and there are no potential impacts of the Project classed as greater than “minor” post-mitigation; with most impacts classed as “insignificant”, during the construction, operation and decommissioning phases. An Environmental and Social Management Plan (ESMP) has been created in advance of construction start, in line with the ESIA recommendations and industry best practice. The ESIA and ESMP, key components towards the provision of green financing, will be integrated into Vulcan’s Phase One project-level debt and equity financing process, which has been initiated.   Vulcan’s ESG Lead, Storm Taylor, commented: “The completion of the Environmental and Social Impact Assessment marks a significant milestone in the advancement of our Zero Carbon Lithium™ Project. The ESIA has validated the world-leading sustainability and social benefits our integrated renewable energy and lithium project will deliver to stakeholders. Uniquely, our Project has no potential impact classed as greater than “minor” post mitigation and has instead shown a range of positive impacts to both people and the planet. As a next step, we look forward to implementing the best practice Environmental and Social Management Plan (ESMP) developed, and to engaging with lenders on this matter during the Phase One financing process, which has been initiated.”

Information for our investors and Vulcan community Vulcan Newsletter.

Please subscribe to keep updated about our ZERO CARBON LITHIUM™ Project.

Do you have questions or feedback? Contact us. 

We at Vulcan Energy Resources are happy to provide you with comprehensive information about Vulcan and the development and proceed in our integrated renewable energy and ZERO CARBON LITHIUM™ Project. Feel free to reach out to us if you have questions or we can support you at any time.

 

Annabel Roedhammer
VP Communications
press@v-er.eu

Kurt Walker
Head of Investor Relations
ir@v-er.eu

Subscribe to IR newsletter here

Vulcan Energy Resources Ltd.

Level 2, 267 St Georges Terrace
Perth WA 6000
Australia

T: +61 (8) 6331 6156

E-Mail: info@v-er.eu

Vulcan Energie Ressourcen GmbH

Amalienbadstraße 41, Bau 52,
76227 Karlsruhe, Deutschland

Tel.: +49 721 4807 0200

E-Mail: kontakt@v-er.eu

InfoCenter Landau
E-Mail: infocenterld@v-er.eu

InfoOffice Mannheim
E-Mail: infobueroma@v-er.eu

InfoCenter Karlsruhe
E-Mail: infocenterka@v-er.eu

Information online:

Pfalz: www.natuerlich-pfalz.eu

Kurpfalz: www.natuerlich-kurpfalz.eu

Ortenau: www.natuerlich-ortenau.eu

GKW Insheim: www.natuerlich-insheim.eu

Vulcan in Media.

Here you will find articles and reports worth reading about Vulcan and our integrated renewable energy and ZERO CARBON LITHIUM™ Project.

Vulcan CEO Cris Moreno giving an interview