2021
Annual
Report
Zero Carbon Lithium & renewable energy to decarbonise e-mobility
Our Purpose is Zero Carbon Lithium to Decarbonise E-mobility & Produce Renewable Energy.
Vulcan is aiming to become the world’s first lithium producer with net zero greenhouse gas emissions. Its ZERO CARBON LITHIUM™ Project intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource in Germany, which is Europe’s largest lithium resource.
Vulcan’s unique, Zero Carbon Lithium™ Project aims to produce both renewable geothermal energy, and lithium hydroxide, from the same deep brine source. In doing so, Vulcan intends to address the EU market’s lithium requirements by reducing the high carbon and water footprint of production, and total reliance on imports. Vulcan aims to supply the lithium-ion battery and electric vehicle market in Europe, which is the fastest growing in the world. The Vulcan Zero Carbon Lithium™ Project has a resource which can satisfy Europe’s needs for the electric vehicle transition, from a source with net zero greenhouse gas emissions, for many years to come.
Thomas Aicher Project Manager Extraction
Renewable energies have been the focus of my professional life for the last 20 years. For the most part, I have been working on renewable hydrogen production, hydrogen storage and the conversion of biomass to bio-fuels. Since July 2020, I am glad to work on our Zero Carbon Lithium™ Project because this perfectly fits my attitude to life. Personally, I ride my bike in the city and use the train for long distance travelling. In fact, I do not own a car, but with electric vehicles taking over mobility, I might be open to change this. When I am not at work I like the outdoors, going on long bike tours, hiking in the black forest and doing alpine tours in the Swiss Alps.
Our Culture and Values
We come from all over the globe. We are united by a passion for environmentalism and leveraging scientific solutions to fix man-made problems.
Environmentalism
Progress
Through Science
Fortitude
Family
Integrity
Quality of Life
Stretch Targets
Future Focused
WE ARE 100% DEPENDENT ON LITHIUM IMPORTS. THE EU, IF FINDING THE RIGHT ENVIRONMENTAL APPROACH, WILL BE SELF-SUFFICIENT IN A FEW YEARS, USING ITS RESOURCES.
– THIERRY BRETON (EU COMMISSIONER)