Vulcan Energy is pleased to announce the successful completion of a fully underwritten institutional placement and concurrent strategic placement. The Placement raised €100m from the issue of ~28 million new, fully paid ordinary shares at an offer price of A$5.85 per New Share/ €3.57 per New Share.[1] The Placement was strongly supported by [...]
Vulcan Energy Resources Ltd. is pleased to announce the awarding of EUR100m from the German Federal Ministry of Economics and Climate Protection and the European Recovery and Resilience Facility via the German Recovery and Resilience Plan for its HEAT4LANDAU Project. The BEW Funding is allocated under the Guideline for Federal Funding for Efficient [...]
Vulcan Energy Resources is pleased to announce the start of lithium hydroxide production at the Company's downstream Central Lithium Electrolysis Optimisation Plant in Industrial Park Höchst, Frankfurt, Germany. Key highlights • The first lithium hydroxide has been produced by Vulcan in Germany from the processing of high purity lithium [...]
Vulcan Energy Resources has been assessed by leading independent ratings agency, S&P Global Ratings, and awarded a Dark Green rating overall, the highest ever received by a Metals and Mining company globally. Vulcan was also awarded a Dark Green rating across the Green Enabling Project and Renewable Energy categories. This has been completed as [...]
Vulcan Energy Resources achieved significant progress to further advance Phase One of its integrated renewable energy and ZERO CARBON LITHIUM™ Project, designated "Lionheart". Highlights from the Quarter Start of commissioning at downstream Central Lithium Electrolysis Optimisation Plant, located in Industrial Park Höchst, Frankfurt, where [...]
Vulcan Energy Resources Ltd. is pleased to provide an update on the Company's debt financing process for Phase One of the ZERO CARBON LITHIUMTM Project . Key debt financing highlights - Significant progress achieved for financing of Phase One of Vulcan's Project, with the Structuring Group comprising the European Investment Bank ; Export Credit [...]
Vulcan Energy Resources is pleased to announce several changes to its Board of Directors, in preparation for the Company transitioning to the execution phase of project development. Highlights The changes will ensure the Board's core competency skills and experience enable it to effectively support and guide management towards commercial [...]
Vulcan Energy Resources is pleased to advise that Ms Felicity Gooding has been appointed to the role of Group Chief Financial Officer for the Vulcan Group. Highlights Ms Gooding is a Senior Finance executive and leader with over 20 years' experience in strategic and financial analysis, debt funding, corporate finance, mergers and acquisitions [...]
Vulcan Energy Resources announces that its Environmental and Social Impact Assessment for Phase One of its Zero Carbon Lithium™ Project has been completed by ERM. The ESIA is a prerequisite to the raising of sustainable or "green" debt finance and is an important third-party validation of the Project's sustainability credentials. Vulcan is [...]
Vulcan Energy Resources is pleased to announce the results of its Bridging Engineering Study for Phase One of Vulcan's Zero Carbon Lithium™ Project. Meeting EU's battery electric vehicle critical raw material needs Targeting approximately 24,000 tonnes lithium hydroxide production capacity12 per annum from Phase One, enough for ca [...]
ABN Quarter ended 38 624 223 132 30 September 2023 Consolidated statement of cash flows Current quarter €'000 Year to date €'000 1. Cash flows from operating activities 1.1 1.2 Receipts from customers Payments for exploration & evaluation 2,763 6,782 - - development - - production staff costs administration and corporate costs 1.3 [...]
During the Quarter, Vulcan Energy Resources has made significant progress toward execution of Phase One of Vulcan's Zero Carbon Lithium™ Project, and on completion of the project milestones necessary for the commencement of financing of Phase One. Projectlevel debt and equity financing for Phase One is on track to commence in November. Mr [...]
