Latest Geothermal Energy News

Vulcan Energy Resources has marked significant progress in Q1 2025 by achieving Strategic Project status under the EU Critical Raw Materials Act and producing Europe’s first fully integrated battery-quality lithium hydroxide monohydrate. The company advances drilling, financing, and commercial partnerships, positioning itself as a key player in Europe’s sustainable lithium supply chain.

Vulcan Energy has begun mobilising its advanced V20 drilling rig to the Schleidberg site in Germany, marking a key milestone in its Phase One Lionheart Project to produce sustainable lithium for electric vehicle batteries.

High Peak Royalties reported robust cash receipts and successfully repaid its Macquarie Bank facility in the December 2024 quarter, while advancing its geothermal exploration strategy in South Australia.

Whitebark Energy has entered a definitive agreement to acquire King Energy, gaining access to one of Australia's largest prospective white hydrogen, helium, and hydrocarbon projects, while also resuming production at its Canadian oil field.

Vulcan Energy has marked a pivotal quarter with major capital raises, strategic partnerships, and the commencement of Europe’s first fully integrated battery-quality lithium hydroxide production.

Earth's Energy Limited reports promising progress in its Paralana and Flinders West geothermal projects, confirming new development zones and initiating joint venture discussions, while maintaining a solid cash position.

Vulcan Energy has successfully closed its Share Purchase Plan, raising approximately A$8 million through the issuance of over 1.3 million new shares, following a major institutional placement. This capital injection supports the company’s pioneering lithium and renewable energy projects in Europe.