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    Home > Top Stories > Lithium miner Vulcan gets five more exploration licences in Germany
    Top Stories

    Lithium miner Vulcan gets five more exploration licences in Germany

    Published by maria gbaf

    Posted on January 4, 2022

    1 min read

    Last updated: January 28, 2026

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    Quick Summary

    Vulcan Energy Resources secures five new exploration licences in Germany, expanding its area to over 1,000 sq km, aiming for lithium production by 2024.

    Vulcan Energy Gains New Exploration Licences in Germany

    FRANKFURT (Reuters) – Lithium developer Vulcan Energy Resources, which has supply deals with carmakers Volkswagen, Stellantis and Renault, has received five new exploration licences for geothermal energy and lithium in Germany.

    The licences in the Upper Rhine Valley cover 325 square kilometres and increase Vulcan’s granted licence area to more than 1,000 square kilometres.

    The German-Australian company aims to start commercial production of lithium by 2024 and is banking on a surge in demand for the raw material that is used in batteries for electric vehicles.

    “Our core mission is to build shareholder value and have a materially decarbonising effect on the lithium supply chain for battery electric vehicles, and in energy production in Europe,” said Horst Kreuter, managing director of Vulcan Energie Ressourcen Germany.

    Geothermal lithium from the Upper Rhine Valley along the French-German border has also attracted interest from other companies.

    (Reporting by Christoph Steitz; Editing by Mark Potter)

    Key Takeaways

    • •Vulcan Energy Resources receives five new exploration licences in Germany.
    • •The licences cover 325 square kilometres in the Upper Rhine Valley.
    • •Vulcan aims to start commercial lithium production by 2024.
    • •The company has supply deals with major carmakers like Volkswagen.
    • •Geothermal lithium in the region attracts multiple companies.

    Frequently Asked Questions about Lithium miner Vulcan gets five more exploration licences in Germany

    1What is the main topic?

    The article discusses Vulcan Energy Resources receiving new exploration licences for lithium and geothermal energy in Germany.

    2What are the implications of these licences?

    These licences expand Vulcan's exploration area and support its goal to start lithium production by 2024, meeting rising demand.

    3Who are Vulcan's partners?

    Vulcan has supply deals with carmakers Volkswagen, Stellantis, and Renault.

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