![]() ![]() EUR 66m (A$109m) institutional placement successfully completed, supported by existing major shareholders, for preparatory works towards Phase One project execution. ![]() Land packages acquired for key Phase One production/re-injection sites, to increase Vulcan’s current brine production.Vulcan and Stellantis mark their fourth agreement together, with a joint project to develop renewable energy supply for the Mulhouse automotive plant in France.Once operational, this plant will produce the first tonnes of domestically produced lithium chemicals in Europe. Vulcan’s Lithium Extraction Optimisation Plant (LEOP) enters final stages for mechanical completion.Binding Term Sheet executed with SLB for provision of drilling services for a minimum of 15 production and re-injection wells, for production of renewable heat and lithium from Vulcan’s Zero Carbon Lithium™ Project.Senior appointments brought into the team from the oil and gas, battery and Tier One EPC industries to support Phase One project execution.Francis Wedin transitions to Executive Chair, to ensure the right skills are in place to lead the delivery of Phase One of the Zero Carbon Lithium™ Project. Cris Moreno appointed as Managing Director and CEO, and Dr.Vulcan Energy Resources Limited (Vulcan ASX: VUL, FSE: VUL, the Company) has continued its transformation into a project execution company, focused on delivering Phase One of the Zero Carbon Lithium™ Project.
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