Vulcan Energy acquires Geox GmbH for expansion
04/06/25, 11:20 PM
Location
Industry
renewable energy
oil and gas
energy
renewable energy
energy
Vulcan Energy Resources Ltd. has completed the acquisition of Geox GmbH. This strategic move aims to enhance Vulcan's renewable energy and lithium production capabilities. The acquisition will support the Phase One Lionheart Project in Landau, Germany. Vulcan plans to commence renewable heat supply operations to the City of Landau next week.
Company Info
Location
Karlsruhe, Baden Württemberg, Germany
Company info
Vulcan Energy is building the world’s first carbon neutral, integrated lithium and renewable energy business to decarbonise battery production. Vulcan’s Lionheart Project, located in the Upper Rhine Valley Brine Field bordering Germany and France, is the largest lithium and geothermal resource in Europe and a tier-one lithium project globally. Harnessing natural heat to produce lithium from sub-surface brines and to power conversion to battery grade material and using its in-house industry-leading technology VULSORB®, Vulcan is building a local, lowcost source of sustainable lithium for European electric vehicle batteries.