Vulcan Energy Resources

With effect from 12 September 2026, the board of Vulcan Energy Resources has appointed Angus Barker as non-executive chairman. Dr Francis Wedin is stepping back from the role of executive chairman into a founder role and will in future drive the growth and business development portfolio. The board cites the secured financing position and the ongoing construction of the €2.2 billion Lionheart project as the reasons for the change. Barker brings more than 30 years of experience in corporate finance, M&A and capital markets and will take on additional board responsibilities. » More on de.investing.com

Board member Cristobal Moreno reported the purchase of Vulcan Energy shares on 10 August 2026 on the ASX. The reported price was AUD 2.91, and the aggregated volume of the transaction amounted to AUD 20,370.00. The filing was officially released by Vulcan Energy. » More on de.investing.com

Vulcan Energy secures total financing of €2.2 billion for the first project phase, including €150 million equity from the German commodity fund; the bulk is €1.185 billion in debt. CEO Chris Moreno announces plans to produce industrial-grade lithium hydroxide from 2028 (24,000 t/year for phase 1) and cites operating costs of about €3,500 per tonne. The company relies on the DLE process, operates optimization facilities and must meet quarterly milestone-based requirements; permits for the first plants and two drill sites are in place. » More on handelsblatt.com