Karlsruhe, 15 October 2024. Vulcan Energy Resources (Vulcan) and AVEVA, a global leader in industrial software, have signed a Memorandum of Understanding (MoU) to establish a digital backbone for Vulcan’s Phase One integrated renewable energy and ZERO CARBON LITHIUM™ Project. This partnership highlights both companies’ commitment to sustainability and digital transformation across industrial asset lifecycles. AVEVA is a global leader in industrial software enabling its clients to harness the power of information, improving collaboration with customers, suppliers, and partners. Through this collaboration, Vulcan will leverage AVEVA’s expertise to future-proof its information systems architecture, facilitating seamless project execution, engineering integration, and operational excellence. Key Highlights of the Partnership: Future-proof information systems architecture: The collaboration will focus on building an advanced digital information landscape that supports data-driven decision-making across Vulcan’s operations. Enhanced collaboration via AVEVA CONNECT: Vulcan will leverage AVEVA’s digital intelligence platform, CONNECT, to promote digital agility and significantly enhance collaboration across its project operations and assets. The suite of software solutions will include AVEVA’s Contract Risk Management (CRM), Asset Information Management (AIM), digital twin technology, and Assai’s Document Control and Management system. These tools will enable secure data sharing between multiple stakeholders, including contractors. Cris Moreno, Managing Director and CEO of Vulcan, commented on the partnership, stating: “This MoU marks the beginning of a promising long-term collaboration between Vulcan and AVEVA. We are delighted to have AVEVA as a key partner in delivering world-leading digital solutions for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project and beyond.” Caspar Herzberg, CEO of AVEVA, echoed this sentiment: “This collaboration supports our commitment to driving digital transformation and sustainability throughout the lifecycle of industrial assets. By partnering with Vulcan, we can harness the full power of AVEVA CONNECT to facilitate collaboration and accelerate the digitalisation of their ground-breaking lithium technology.” About AVEVA AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers, and partners. Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimise operations, driving growth and sustainability. Named as one of the world’s most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,400 employees, 5,000 partners and 5,700 certified developers. The company, which has operations around the globe, is headquartered in Cambridge, UK. Learn more at www.aveva.com. Copyright © 2023 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group or its subsidiaries in the United Kingdom and other countries. Other brands and product- names are the trademarks of their respective companies. Media Relations International: Annabel Roedhammer, Vice President Communications | aroedhammer@v-er.eu | +49 (0) 1511 410 1585 Australia: Judith Buchan, Communications Lead APAC | jbuchan@v-er.eu | +61 411 597 326

Vulcan Energy Resources Limited (Vulcan, ASX: VUL, FSE: VUL, the Company) is pleased to announce the start of commissioning at the Company’s 100%-owned lithium hydroxide optimisation plant, designated CLEOP. This represents a key milestone as the Company progresses towards delivery of Europe’s first battery-grade lithium hydroxide product sourced from a European lithium resource. Highlights Vulcan’s downstream CLEOP facility is located just outside of Frankfurt, in the Höchst Chemical Park, where Vulcan will also construct its commercial Central Lithium Plant (CLP) The main building and utility systems have been completed to allow first energisations to take place. Power has been fed to the plant for the first time through the main switchboard, a critical step for the electrolysis plant Start of production of first lithium hydroxide and first production of battery-grade lithium hydroxide monohydrate (LHM) will be the forthcoming milestones Once in operation, CLEOP will convert Lithium Chloride (LiCl) from the Company’s upstream Lithium Extraction Optimisation Plant (LEOP) to battery grade LHM. This will represent the first fully domestically produced LHM, from raw materials to final product, in Europe LEOP and CLEOP will serve as important process optimisation and training facilities, in preparation for the Company’s commercial operations. Managing Director and CEO Cris Moreno stated: “The start of commissioning of Vulcan’s downstream lithium optimisation facility is a significant milestone for Europe’s critical raw material independence, and for its electric vehicle supply chain independence.” “In the coming months, Vulcan will begin to transport the first LiCl parcels from our upstream facility through to CLEOP for production of the first battery-grade lithium hydroxide products in Europe, all from a European lithium resource.” “We look forward to welcoming senior German and EU government ministers and dignitaries to an official opening of this important facility for the German and European battery industry.” CLEOP – Vulcan’s downstream lithium optimisation plant CLEOP is the Company’s pre-commercial downstream optimisation plant. At CLEOP, LiCl solution produced from Vulcan’s 100%-owned upstream operations will be converted to battery specification LHM. Vulcan will use the CLEOP facility to train personnel and optimise processes in a pre-commercial setting ahead of construction of the commercial CLP. The Company also expects LHM production from CLEOP will allow for significant progress in LHM product qualification required by offtake partners, reducing the potential for delay and fast-tracking product to market once commercial production has commenced.   Media Relations International: Annabel Roedhammer, Vice President Communications | aroedhammer@v-er.eu | +49 (0) 1511 410 1585 Australia: Judith Buchan, Communications Lead APAC | jbuchan@v-er.eu | +61 411 597 326   Investor Relations Kurt Walker | Head of Investor Relations | kwalker@v-er.eu | +61 8 6331 6156

Vulcan Energy Resources Limited (ASX: VUL) has appointed leading global financial institution, Natixis CIB, as its ESG Coordinator, with an aim to secure the first ever green financing with green enabling features. Vulcan is a fully integrated renewable energy and lithium company, with access to the largest lithium resource in Europe, and is on track to becoming the first fully domestic sustainable lithium producer in Europe. Its Zero Carbon Lithium™ Project (the Project) aims to produce both renewable geothermal energy, and lithium hydroxide for Electric Vehicles (EV) batteries, from the same deep brine source in Germany’s Upper Rhine Valley. Vulcan aims to produce 24,000 tonnes of lithium hydroxide monohydrate per annum that could equip 500,000 EVs. The company has binding lithium offtake agreements with some of the largest cathode, battery, and automakers in the world, including Stellantis, Renault, Umicore and LG Energy Solution. The Project is expected to have a substantial positive environmental impact as Vulcan will use zero fossil fuels in its lithium hydroxide production process. The financing is structured to be labelled as green, in line with the Loan Market Association’s Green Loan Principles and the International Capital Market Association (ICMA) Green Enabling Projects Guidance. Commenting on the announcement, Vulcan Energy’s Group Chief Financial Officer, Felicity Gooding, said: “Working towards this green financing structure from Natixis CIB further supports Vulcan’s credentials as a leading participant in the green energy market. ‘’There is strong investor and lender appetite for green label finance, and our arrangement with Natixis CIB will allow us to better communicate our environmental sustainability objectives, including management of any material risks associated with the Project and assist with reporting requirements, as per the Green Loan Principles. “We look forward to fully implementing our green financing partnership with Natixis CIB, to the benefit of our growing investor base both here in Australia and in Europe.” Natixis CIB Global Head of Green & Sustainable Hub, Orith Azoulay, said: “Natixis CIB is pleased to accompany Vulcan Energy in the structuring of the first Green Financing aligned with ICMA’s Green Enabling Guidance. “We consider Vulcan energy as an ideal green enabling candidate as its activities are necessary components of net zero scenarios with clear and attributable environmental and social benefits and mitigated adverse social and environmental impacts.” The appointment of Natixis CIB as ESG Coordinator follows Vulcan Energy’s recent development in securing new licences in the Alsace region of France. The licences encompass several large industrial areas with factories and chemical parks requiring renewable energy and sustainable heating solutions.   Investor Relations: IR@v-er.eu   Media Australia: Judith Buchan, Communications Lead APAC | jbuchan@v-er.eu | +61 411 597 326 International: Annabel Roedhammer, Vice President Communications | aroedhammer@v-er.eu | +49 (0) 1511 410 1585

Vulcan Energy Resources Limited (Vulcan) is pleased to announce the grant of its first lithium and geothermal energy licences in the Alsace region of France. The licences authorise Vulcan to explore lithium to support Europe’s Electric Vehicle (EV) transition and for geothermal energy for the decarbonisation of industry and local community heating. The licences are located in the Mulhouse, Alsace region on the French side of the Upper Rhine Valley Brine Field (URVBF), which accounts for roughly one third of the Upper Rhine Graben, containing both geothermal energy and lithium-rich brine. This licence area of 463km2 expands Vulcan’s licence area from 1,771km2 to 2,234km2 in the URVBF between Germany and France. The licences encompass several large industrial areas with factories and chemical parks in Mulhouse requiring renewable energy and sustainable heating solutions. This includes a factory owned by Stellantis, Vulcan’s largest customer and major shareholder. In May 2023, Vulcan and Stellantis agreed to a joint project in France for the potential use of geothermal renewable energy to decarbonise and localise the energy supply for Stellantis’ European operations. The grant of the licences is timely, as Vulcan’s integrated renewable energy and ZERO CARBON LITHIUM™ Project is strongly aligned with the goals of the newly established “French Mineral Resources Investment Plan”. This initiative aims to analyse France’s critical raw material resources and provide investment recommendations, supported by the recently announced 2 billion euro “French Critical Raw Materials Fund”. Vulcan is already in discussions with potential investment partners surrounding participation in Vulcan’s French licences. Vulcan’s Managing Director and CEO, Cris Moreno stated: “This extension to our licence area is a natural next step for Vulcan as we apply our world-leading expertise and technology to produce lithium sustainably in France. Vulcan aims to be Europe’s first sustainable lithium supplier for Europe’s EV transition. In addition, Vulcan intends to co-produce geothermal renewable energy to decarbonise industries and provide heat for local communities in Mulhouse. These licence grants are timely, as we respond to significant customer demand driven by the initiated European battery passport policy and commitments for a full EV transition by 2035 across Europe. We look forward to supporting our French customers and working with local communities and companies to decarbonise their energy mix.”   Media Relations International: Annabel Roedhammer, Vice President Communications | aroedhammer@v-er.eu | +49 (0) 1511 410 1585 Australia: Judith Buchan, Communications Lead APAC | jbuchan@v-er.eu | +61 411 597 326   Investor Relations Kurt Walker | Head of Investor Relations | kwalker@v-er.eu | +61 8 6331 6156  

Karlsruhe, 1 July 2024. As an integrated geothermal energy and lithium producer operating in Germany, Vulcan strongly supports the draft Geothermal Acceleration Law which intends to strengthen the role of geothermal energy as a vital part of Germany’s renewable energy mix of the future. The German Federal Ministry for Economic Affairs and Climate Action has taken a significant step towards advancing geothermal renewable energy projects in Germany with the publication of a draft law for geothermal acceleration. The Geothermal Acceleration Law aims to benefit geothermal operators, federal states, and local authorities by removing obstacles to the development of geothermal energy, supporting Germany’s goal of generating 10 TWh of geothermal energy by 2030. Vulcan is significantly contributing to Germany’s renewable energy transition through its commercial geothermal energy production in the Rhineland-Palatinate region. Vulcan’s existing geothermal renewable energy plant in Insheim, with over 10 years of successful operation, currently supplies renewable power to approximately 6,500 households. Phase One of Vulcan’s integrated renewable energy and ZERO CARBON LITHIUM™ Project centres on initiating the first commercial phase of lithium production from its proven brine-producing area. Concurrently, Vulcan plans to substantially increase geothermal heat production, providing this renewable energy source to local communities through the district heating system as well as decarbonising industry. Vulcan’s Managing Director and CEO, Cris Moreno, stated: “The draft law for Geothermal Acceleration is a powerful commitment to expanding Germany’s geothermal energy capacity. Our integrated renewable energy and ZERO CARBON LITHIUM™ Project will deliver geothermal heat production for more than 1 million people by 2030, supporting local communities in their endeavors to meet climate protection and regional heat planning targets. We believe geothermal heat and power is not only a cornerstone of Germany’s renewable energy future, but also a critical component in achieving energy security, reducing carbon emissions and fostering sustainable economic growth.” Legislation Highlights  The Draft Geothermal Acceleration Law has been sent to federal states and associations for consultation and seeks to simplify approval procedures for both deep and near-surface geothermal energy projects. In addition, this forward-looking legislation aims to expand and accelerate Germany’s geothermal energy capacity, reflecting a strong commitment to sustainable, green energy solutions. Key aspects of the law include: Support for Regional Heat Planning: Emphasising strong public interest and strengthening acceptance among local communities. Facilitation of Geothermal Projects: Streamlining and expediting the implementation of geothermal projects, simplifying the authorisation and approval processes to reduce the current lengthy and bureaucratic procedures. Alignment with EU Strategy: Aligning with the EU Parliament’s resolution for a comprehensive geothermal energy strategy to accelerate the deployment and investment in geothermal energy. Geothermal Potential: Highlighting that geothermal energy can supply around a quarter of Germany’s heat requirement, establishing geothermal energy as the third pillar of carbon neutral energy generation. Next steps: The draft Geothermal Acceleration Law, is anticipated to be passed by the federal cabinet in August.   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585

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        

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.”   Photo credit (c) Jens Braune del Angel   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585  

Vulcan Energy Resources Limited (Vulcan, ASX: VUL, FSE: VUL, the Company) is pleased to announce a total of €40 million (~A$65 million) in strategic investments by CIMIC Group (CIMIC) of €25 million (10 million shares), Hancock Prospecting Pty Ltd (HPPL) of €12.5 million (5 million shares) and Victor Smorgon Group (Smorgon) of €2.5 million (1 million shares) via private placements (the Investments). The Investments demonstrate commitment from strategic investors to support the lithium value chain globally and the construction of Phase One of Vulcan’s integrated renewable energy and ZERO CARBON LITHIUMTM Project (the Project) in Germany. Highlights CIMIC is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. It is a member of the German headquartered HOCHTIEF Group, which has a leading position in Europe and a rapidly expanding presence in energy transition and sustainable infrastructure markets. Through its €25 million Investment, CIMIC becomes a substantial shareholder of Vulcan with a shareholding of ~6% of the outstanding share capital of Vulcan. HPPL is Australia’s most successful private company and has maintained a significant shareholding in Vulcan since January 2021. Through its €12.5 million Investment, HPPL has increased its substantial shareholding to ~7.5% of the outstanding share capital of Vulcan. HPPL will become Vulcan’s second largest shareholder. The price of €2.50 per share (A$4.08 per share) is a 9% discount to Vulcan’s 30-day volume weighted average price (VWAP) of shares trading on the ASX prior to the date of this announcement. The funds raised enable the early validation works for the Engineering Procurement and Construction Management (EPCM) contract for Vulcan’s Phase One lithium plant, and other activities including engineering and the pre-ordering of long lead items. The EPCM validation will be carried out by CIMIC company Sedgman and HOCHTIEF. These strategic Investments will materially contribute to the funding of pre-execution activities during the final stage of Project financing and protection of the Project’s deterministic execution schedule. MD and CEO Cris Moreno stated, “Today’s investments into Vulcan by CIMIC Group and Hancock Prospecting come at a particularly exciting time for Vulcan as we make significant headway towards developing Phase One of our flagship integrated renewable energy and ZERO CARBON LITHIUMTM Project. The substantial investments by both parties will enable the early commencement of important validation works ahead of the formal EPCM contract, maintaining momentum on the project timeline and optimising the overall execution program as we move towards final funding and construction.We warmly welcome CIMIC Group in becoming a substantial shareholder and are excited about the increased investment by our long-term shareholder Hancock Prospecting. Both parties have demonstrated experience in the delivery of globally significant, major projects and are eminently complementary to Vulcan’s strategy of producing Europe’s first sustainable battery-grade lithium products.”   About CIMIC Group CIMIC Group is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises its construction businesses CPB Contractors, Leighton Asia and Broad, mining and mineral processing companies Thiess (joint control) and Sedgman, industrial services specialist UGL and development and investment arm Pacific Partnerships – all supported by in-house engineering consultancy EIC Activities. CIMIC Group’s mission is to generate sustainable returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for its people. With a history since 1899, and around 30,000 people in around 20 countries, it strives to be known for principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. About Hancock Prospecting Pty Ltd Hancock Prospecting Pty Ltd (HPPL) is Australia’s most successful private company, with significant investments spanning mining, energy, and agriculture, including being the majority owner and operator of Roy Hill Holdings, one of Australia’s major resource-based operations. HPPL and Vulcan have shared a supportive, long-term relationship, with HPPL maintaining a top-5 shareholding position in the Company since January 2021. Today’s investment builds upon this, with HPPL increasing their ownership to ~7.5% of Vulcan’s issued capital. Vulcan welcomes HPPL’s increased investment and looks forward to a further continuation of the strong partnership between the two companies.   Media inquiries: Annabel Roedhammer Vice President Communications aroedhammer@v-er.eu +49 (0) 1511 410 1585    

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