IPO Watch
Vulcan Energy Resources is aiming to decarbonise the transition to electric mobility, through its world-first Zero Carbon Lithium™ Project for electric vehicle batteries, and its renewable energy business.
Backed by a team of world-renowned experts in chemistry, engineering and geology, we aim to produce the world’s first, premium, battery-quality lithium chemicals with zero carbon footprint. We will work in harmony with the environment by harnessing renewable geothermal energy to drive lithium production, while strictly excluding fossil fuels from process development. Our unique extraction process creates a surplus of renewable energy and can provide a source of power and heat for local communities, decarbonising the grid.
Our combined deep geothermal and lithium brine resource is Europe’s largest lithium resource, located in the Upper Rhine Valley of Germany. Our resource is large enough to satisfy Europe’s lithium needs for many years to come and ensure the transition to electric vehicles is done with minimal impact on the environment. Vulcan is focused on delivering the Zero Carbon Lithium™ Project and is targeting phase one production in 2024.
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