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Vulcan Energy Resources Ltd. ( (AU:VUL) ) has provided an update.
Vulcan Energy has secured its first lithium production licence for the flagship Lionheart Project in Germany’s Upper Rhine Valley Brine Field, the first such permit in both the region and the state of Rhineland-Palatinate. The LiThermEx licence covers the Insheim geothermal area, which already produces renewable heat and power, and has been granted for an initial six-year term.
The permit further de-risks Lionheart, which is funded and under construction following a €2.2 billion financing completed in late 2025 and is targeting 24,000 tonnes a year of lithium hydroxide from 2028. With planned additional licences across Lionheart, the move is seen as a significant step toward a fully domestic, geothermal-powered lithium supply chain for Germany and the European Union, bolstering critical raw material and battery supply chain resilience.
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 is developing what it bills as the world’s first carbon-neutral, integrated lithium and renewable energy business in the Upper Rhine Valley Brine Field on the German–French border. The company’s flagship Lionheart Project extracts lithium from geothermal brines using its proprietary VULSORB technology, producing battery-grade lithium while co-generating renewable power and heat for local markets.
Average Trading Volume: 3,519,607
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.45B
For detailed information about VUL stock, go to TipRanks’ Stock Analysis page.