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Vulcan Energy's Q3 2026 Progress on Lionheart and Future Projects

Vulcan Energy Resources Limited continues to advance its Lionheart Project, maintaining schedule and budget for drilling and construction. Strategic equity and grants have been initiated, with milestones met for the project's financial progression. The company completed testing on the seventh well, validating production assumptions.

Vulcan's health and safety record boasts no injuries, emphasizing priority in project execution. The Preliminary Feasibility Study for Project Ludwig showcases promising economics, supporting Vulcan's growth pipeline.

The Lionheart project entails multiple well constructions for lithium extraction and reinjection. Vulcan received its second lithium production license, enhancing their operational footprint. The Interconnected Pipeline and Power project advances towards completion stages, securing permits and contracts.

Corporate milestones include equity partnership advancements and key leadership transitions, emphasizing Vulcan's commitment to strategic growth and operational excellence.

R. P.

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