Vulcan Energy is aiming to decarbonise the transition to electric mobility, through its world-first Zero Carbon Lithium™ Project for electric vehicle batteries, and its renewable energy business.
Backed by a team of world-renowned experts in chemistry, engineering and geology, we aim to produce the world’s first, premium, battery-quality lithium chemicals with zero carbon footprint. We will work in harmony with the environment by harnessing renewable geothermal energy to drive lithium production, while strictly excluding fossil fuels from process development. Our unique extraction process creates a surplus of renewable energy and can provide a source of power and heat for local communities, decarbonising the grid.
Our combined deep geothermal and lithium brine resource is Europe’s largest lithium resource in the Upper Rhine Valley of Germany. Our resource is large enough to satisfy Europe’s lithium needs for many years to come and ensure the transition to electric vehicles is done with minimal impact on the environment.
Vulcan’s raison d’être is to be a leader in Environmental, Social and Governance (ESG), as part of the Company’s goal to become the world’s first Zero Carbon Lithium™ business.
Vulcan’s Australian business has been certified as carbon neutral by Climate Active. While Vulcan is still working towards production, the company is dedicated to being net zero carbon verified. We are seeking similar certification for its European Union operations.
Proudly disruptive, Vulcan’s diverse team comes from all over the globe, united by a passion for environmentalism and science. Demonstrating our commitment to diversity, women represent 35% of the workforce, while 67% of Vulcan’s Board of Directors are female.
Vulcan’s Directors are committed to conducting the Company’s business in an ethical manner and in accordance with the highest standards of corporate governance. We report against the Task Force on Climate-Related Financial Disclosures (TCFD). Significantly, Vulcan’s whole strategy and project development is built around a “zero carbon” strategy with the Zero Carbon Lithium™ Project, therefore what may be considered climate-related risk for most companies can be seen as opportunities for Vulcan.
Vulcan is focused on delivering the Zero Carbon Lithium™ Project and is targeting phase one production in 2024.