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An update from Vulcan Energy Resources Ltd. ( (AU:VUL) ) is now available.
Vulcan Energy reported successful production flow test results from its LSC-1b sidetrack well in the Lionheart Project in Germany’s Upper Rhine Valley Brine Field, confirming strong well deliverability with a potential production capacity of approximately 105 to 125 litres per second under constrained test conditions. These results validate and strengthen key assumptions in the Phase One Lionheart Field Development Plan, supporting an average well production range of 84 to 94 litres per second and enhancing subsurface confidence as construction of the integrated lithium and renewable energy project proceeds, with financing secured and first commercial lithium production targeted for 2028 to supply Europe’s battery and EV industries.
The most recent analyst rating on (AU:VUL) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Vulcan Energy Resources Ltd. stock, see the AU:VUL Stock Forecast page.
More about Vulcan Energy Resources Ltd.
Vulcan Energy Resources Ltd. is a lithium and renewable energy developer focused on Germany’s Upper Rhine Valley Brine Field, where it aims to produce lithium hydroxide monohydrate for the European battery and electric vehicle market alongside co-generated renewable power and heat. The company is advancing its Phase One Lionheart Project, an integrated, fully funded brine-based lithium and energy development targeting long-term, low-cost, and low-carbon production for regional industrial and consumer demand.
Average Trading Volume: 3,095,985
Technical Sentiment Signal: Buy
Current Market Cap: A$1.95B
See more data about VUL stock on TipRanks’ Stock Analysis page.