Vulcan Energy Achieves Historic Dark Green Rating

Vulcan Energy Resources Limited has received a Dark Green rating from S&P Global Ratings, marking a world first for a company in the metals and mining sector. This assessment underscores the company’s commitment to sustainable operations under its Green Financing Framework, in collaboration with Natixis CIB as ESG Coordinator.

The Dark Green rating aligns with international sustainable finance principles and highlights Vulcan's ZERO CARBON LITHIUM™ Project. This initiative focuses on producing lithium and renewable energy with lower environmental impact than traditional methods, using innovative technologies like Adsorption-type Direct Lithium Extraction.

The project aims to produce 24,000 tonnes of lithium hydroxide annually, alongside significant renewable energy outputs, supporting the European energy transition. This rating further legitimatizes Vulcan’s efforts amidst its Phase One financing, broadening interest from commercial banks.