-+ 0.00%
-+ 0.00%
-+ 0.00%

Vulcan Energy PFS values Germany’s Project Ludwig at pre-tax NPV8 of €2.6 billion

PUBT·09/02/2026 21:45:35
Listen to the news
Vulcan Energy PFS values Germany’s Project Ludwig at pre-tax NPV8 of €2.6 billion
  • Vulcan Energy completed a positive PFS for Project Ludwig, a second-phase lithium chemicals and geothermal heat development in Germany’s Upper Rhine Valley.
  • Pre-tax NPV8 of EUR 2.6 billion. Pre-tax IRR of 25%. Post-tax NPV8 of EUR 1.7 billion. Post-tax IRR of 20.2%.
  • Base-case output of 21,100 tpa battery-grade lithium carbonate over a 30-year plan. Renewable heat co-production of 3,125 GWh annually.
  • Total capex estimated at EUR 1.3 billion. Capital intensity flagged 15% lower than the Lionheart phase. Opex estimated at EUR 4,101/t LCE.
  • Asset-level financing plan targets an investment decision after Lionheart start-up. Partner selection process underway.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vulcan Energy Resources Limited published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2392988_en) on September 02, 2026, and is solely responsible for the information contained therein.