Vulcan Energy Secures Major Breakthroughs in Funding and Production

German lithium and geothermal pioneer Vulcan Energy is making significant strides, bolstered by a series of high-profile developments. A strategic partnership with chemical giant BASF, a substantial €100 million funding award from the Federal Ministry for Economic Affairs, and the inaugural production of lithium hydroxide from its Frankfurt pilot plant have collectively injected fresh momentum into the company. After a period of prolonged uncertainty surrounding its financing, the enterprise appears to be strategically positioning itself for success.

Demonstrating tangible operational progress, Vulcan Energy commenced its first lithium hydroxide production at the Frankfurt-based CLEOP pilot plant in early November. While this initial output represents pre-series production, this milestone is a critical validation of Read more...