Latest Vulcan Energy Resources (ASX:VUL) News

Vulcan Energy has advanced its Phase One Lionheart Project with major German government grants, a strategic capital raise, and a significant lithium resource upgrade, positioning itself as a key player in Europe's EV battery supply chain.

Vulcan Energy Resources reported a €10.9 million cash outflow from operations in Q3 2025 but bolstered its liquidity with €26.4 million from financing activities, ending the quarter with nearly €47 million in cash.

Vulcan Energy has awarded a €140 million contract to JordProxa for critical lithium purification and processing technology at its Phase One Lionheart Project in Germany, marking a pivotal step towards Europe’s first sustainable lithium supply chain.

Vulcan Energy has locked in a binding lithium hydroxide supply agreement with Glencore, completing the key offtake contracts needed to finance its Phase One Lionheart Project. This milestone positions Vulcan to advance construction and meet growing European EV battery demand.

Vulcan Energy has inked a €110 million fixed-price contract to build a geothermal power plant in Germany, a cornerstone for its Phase One Lionheart Project that aims to supply sustainable lithium and renewable energy for half a million electric vehicles annually.

Vulcan Energy has gained City of Landau Council approval to acquire land for its pioneering geothermal and lithium extraction plant, marking a crucial step toward sustainable energy and lithium supply in Europe.

Vulcan Energy has obtained the crucial permit to build and operate its Central Lithium Plant in Frankfurt, marking a significant milestone in Europe's push for sustainable, domestic lithium production to support electric vehicle battery manufacturing.

Vulcan Energy has inked a pivotal supply contract with Canadian firm NESI for electrolysis technology, advancing its Lionheart Project’s Central Lithium Plant in Frankfurt. This deal marks a crucial step toward finalising project financing and commencing construction in H2 2025.

Vulcan Energy has marked significant milestones in its Phase One Lionheart Project, including drilling progress, a landmark heat supply deal, and a substantial lithium resource upgrade in Germany.

Vulcan Energy Resources reported significant cash outflows in the June 2025 quarter driven by exploration and development, yet maintains a robust liquidity position with nearly €49 million in cash and a €10 million credit facility.

Vulcan Energy has won up to €104 million in grants from German federal and state governments to advance its sustainable lithium production project, bolstering Europe’s electric vehicle battery supply chain.

Vulcan Energy Resources has raised €30 million through a strategic placement led by BNP Paribas’ Clean Energy Solutions Fund to advance critical development stages of its Phase One Lionheart lithium project.