Key facts about Vulcan Energy Resources commissioning at lithium hydroxide optimisation plant

Vulcan Energy Resources Limited (Vulcan, ASX: VUL, FSE: VUL) has announced the commencement of commissioning at its 100%-owned lithium hydroxide optimisation plant, CLEOP1. The downstream facility, located near Frankfurt, represents a significant step towards delivering Europe's first battery-grade lithium hydroxide product sourced from a European lithium resource.

Executive commentary on the commissioning at lithium hydroxide optimisation plant

The start of commissioning of Vulcan's downstream lithium optimisation facility is a significant milestone for Europe's critical raw material independence, and for its electric vehicle supply chain independence. In the coming months, Vulcan will begin to transport the first LiCI parcels from our upstream facility through to CLEOP for production of the first battery-grade lithium hydroxide products in Europe, all from a European lithium resource. We look forward to welcoming senior German and EU government ministers and dignitaries to an official opening of this important facility for the German and European battery industry.

Summary of Vulcan Energy Resources commissioning at lithium hydroxide optimisation plant

Vulcan Energy Resources has reached a significant milestone with the start of commissioning at its lithium hydroxide optimisation plant, CLEOP1. This marks a crucial step towards delivering Europe's first battery-grade lithium hydroxide product sourced from a European lithium resource. Once in operation, CLEOP will convert Lithium Chloride (LiCI) from the Company's upstream Lithium Extraction Optimisation Plant (LEOP) to battery grade LHM, representing the first fully domestically produced LHM in Europe. Vulcan's ambitions to decarbonize lithium production and deliver a local source of sustainable lithium for Europe are evident in this milestone. The Company's commitment to critical raw material independence and its position in the European electric vehicle supply chain underpin its goal to be a global leader in producing zero fossil fuel, carbon neutral lithium while being nature positive.