Vulcan Energy Resources Ltd.ASX: VUL

Vulcan granted new geothermal and lithium brine licence

· Issued by Vulcan Energy Resources Ltd.

Filed with ASX · · 7 pages · English

Summary by 6ix AI

Vulcan Energy Resources Ltd. has been granted a new geothermal and lithium brine exploration licence in Frankfurt, aimed at decarbonising industrial areas through renewable energy and lithium extraction. The Luftbrücke licence covers a significant area with high heat demand and is strategically located near Vulcan's Central Lithium Plant, enhancing opportunities for energy and lithium production. Vulcan's collaboration with the City of Frankfurt and other stakeholders signals a commitment to renewable heating solutions and supports the city's carbon neutrality goals.

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