• Permit granted to build and operate Vulcan's Central Lithium Plant in Frankfurt, Germany
• Plant to produce up to 24,000 tonnes of battery-grade lithium hydroxide per year
• Key step in establishing sustainable, domestic lithium supply chain for Europe

Vulcan Energy (ASX: VUL, FSE: VUL) has announced that it has secured the permit to build and operate its Central Lithium Plant (CLP) for the Phase One Lionheart Project in Frankfurt, Germany. The CLP is the key downstream component of Vulcan's project, which combines the production of carbon-neutral lithium and renewable energy from deep geothermal brine, decarbonizing lithium production and contributing to Europe's critical raw materials independence.During Phase One, the CLP will have the capacity to provide up to 24,000 tonnes of lithium hydroxide monohydrate (LHM) annually for the European battery and automotive industries, enough to produce approximately 500,000 electric vehicle batteries per year. The company has been successfully producing sustainable, domestically produced LHM at its optimization and product qualification plant, CLEOP, in the same industrial park since January 2025.The permit was officially handed over by the Darmstadt Regional Council district president, Prof. Dr Jan Hilligardt, at Vulcan's CLEOP facility. The CLP will be used to process lithium chloride, which will be produced at the upstream integrated Geothermal and Lithium Plant (G-LEP) in Landau.Vulcan's Managing Director and CEO, Cris Moreno, commented that securing the CLP permit is an important step in developing a domestic lithium supply chain for Germany and the European Union, supporting the EU's goal of reducing critical raw material dependencies.

Vulcan's Central Lithium Plant in Frankfurt, Germany, will have the capacity to produce up to 24,000 tonnes of battery-grade lithium hydroxide monohydrate annually during Phase One of the Lionheart Project.