Vulcan Energy Resources (VUL) Investor Presentation summary

corporate overview and financials

• Integrated renewable energy and lithium company listed on ASX and FSE, with 219 million shares on issue and a market capitalization of approximately €469 million as of June 2025.

• Cash position of €78.8 million as of March 2025; major shareholders include Dr Francis Wedin, HPPL, CIMIC Group, and Stellantis.

• Board and executive team bring experience from oil & gas, chemicals, and geothermal sectors.

project highlights and operations

• Lionheart Phase One project in Germany features a 30-year project life, 27.7 Mt LCE resource, and is the largest lithium resource in Europe.

• Phase One targets annual production of 24,000 tonnes LHM, 275 GWh power, and 560 GWh heat, with a pre-tax NPV of €3.9 billion and IRR of 27.8%.

• Utilizes proprietary A-DLE technology for low-cost, energy-generative lithium extraction from naturally heated brine.

• Fully integrated, carbon-neutral brine-to-battery solution with modular expansion potential.

market positioning and demand

• European battery industry is rapidly expanding, with projected demand of 600,000t LCE per year by 2030 and no current local lithium chemical supply.

• Vulcan's Phase One will supply about 4% of this market, addressing a structural supply shortfall in Europe.

• Lionheart Project designated as a Strategic Project under the EU Critical Raw Materials Act in March 2025.