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EQS-Ad-hoc: Vulcan Energy Resources Limited / Key word(s): Miscellaneous
Vulcan Energy Resources Limited: First Lithium Chloride produced from Optimisation Plant
10-Apr-2024 / 20:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Vulcan Energy Resources Limited (Vulcan) is pleased to announce the Start of Production (SOP) of the first Lithium
Chloride (LiCl) product at Vulcan's Lithium Extraction Optimisation Plant (LEOP) in Landau, Germany.
The first LiCl produced from LEOP mark the first lithium chemicals produced entirely from a local source in
Europe. LEOP is showing strong early results with consistently over 90% (up to 95%) lithium extraction efficiency from
its Adsorption-type Direct Lithium Extraction (A-DLE) unit, replicating what Vulcan has seen in its lab and pilot plant
operations, and in line with its commercial plant expectations and Vulcan's financing model. The SOP follows over three
years and more than 10,000 hours of successful in-house A-DLE piloting by Vulcan, showing high lithium recoveries and
thousands of cycles of adsorbent life with no material degradation.
The first results prove that the sustainable lithium production process known as A-DLE, which accounts for 10% of
global lithium production today, can be successfully applied in the Upper Rhine Valley Brine Field which contains
Europe's largest lithium resource and is also a source of geothermal renewable heat. This will allow Vulcan to produce
its lithium using geothermal renewable energy, decarbonising the carbon footprint of lithium production for Battery
Electric Vehicles.

End of Inside Information
10-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Vulcan Energy Resources Limited 

Level 2,267 St. Georges Terrace
6000 Perth
Australia

E-mail:       dtydde@v-er.eu 
Internet:     www.v-er.eu 
ISIN:         AU0000066086 
WKN:          A2PV3A 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1877983

End of Announcement EQS News Service
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1877983 10-Apr-2024 CET/CEST

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April 10, 2024 14:00 ET (18:00 GMT)