This prestigious recognition from the European Commission underscores the crucial role Vulcan’s integrated lithium and renewable energy project plays in bolstering Europe’s sustainable energy future. The designation validates Vulcan’s innovative approach to developing a fully domestic and sustainable lithium value chain in Europe.
Vulcan’s 130 km brine-to-battery project, touted as Europe’s most advanced, boasts a unique combination of lithium extraction from geothermal brines and a commitment to 100% renewable energy. This novel approach differentiates Vulcan from conventional lithium mining operations and positions it as a frontrunner in the global transition towards clean energy.
The Strategic Project status under the CRMA will provide Vulcan with significant advantages, including improved access to funding and investment, streamlined permitting processes, and increased support from the European Commission. This momentum will enable the company to accelerate its expansion plans and solidify its position as a key player in Europe’s lithium supply chain.
Cris Moreno, Managing Director of Vulcan Energy, expressed pride in the recognition, stating, “This validates the importance of our integrated lithium and renewable energy project to European industry. Our project is strategically positioned to support the CRMA benchmarks and diversify the EU’s lithium supply away from third countries”.
Vulcan’s project is expected to have a transformative impact on Europe’s automotive industry and broader energy sector, providing a secure and sustainable source of lithium for the production of electric vehicles, batteries, and other critical technologies.
About Vulcan Energy Resources Ltd
Vulcan Energy Resources is an Australian and Germany listed company (Vulcan, ASX: VUL, FSE: VUL) is focused on developing a 100% renewable energy powered lithium-brine project in Germany. The company is pioneering a “brine-to-battery” production approach, aiming to establish Europe’s first fully domestic and sustainable lithium value chain.
