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Vulcan Energy
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Short description

Developer of zero-carbon lithium extraction

Founded in 2015
Founded in

Company type Public Public (VUL.AX)
Company type

Industry Group resources & environmental management

Sector natural resources

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Germany Germany
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Updated by Sunena Gupta at on 09/29/2023

Edited by Cleantech Group on 04/23/2024

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Date Company
12/08/2021

Volkswagen Volkswagen

Vulcan Energy has secured Volkswagen as an additional car industry customer for its environmental-friendly lithium hydroxide for automotive batteries.

Confirmed by Volkswagen

Partnerships
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Date Partner Type
11/22/2024
BASF BASF
Vulcan and BASF partner to explore regional geothermal potential and direct lithium extraction (DLE) at BASF's geothermal site in Ludwigshafen.
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Confirmed by BASF
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Investment Rounds
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IPO INFORMATION

Date

02/22/2022

IPO status

Listed

IPO Type

IPO

Amount

Initial shares

Ticker symbol

VUL.AX

Exchange listed

Frankfurt Stock Exchange

Prospectus URL

Prospectus

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Description

The German-Australian lithium producer Vulcan Energy has initiated a dual listing on the stock exchanges in Australia and Germany. With the intended inclusion in the Prime Standard of the Frankfurt Stock Exchange, the company wants to become more attractive for European investors. Vulcan Energy has been listed on Frankfurt Stock Exchange's Prime Standard from 2nd of February 2022 with an initial share price of €5.65.

Date Investors Type Amount
05/04/2023 Nobian Nobian (1)
Post-money valuation of
Vulcan said the funds will be utilised to order construction items used for building the phase one of the lithium project, among others.
Project Finance $72,039,000
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