EQS-News

Appointment of Vulcan Group Chief Financial Officer - Seite 2

 

Ms Gooding’s extensive experience with large-scale financing will assist the Company during the financing of the multiple phases of Vulcan’s Zero Carbon Lithium Project, of which Phase 1 financing is already under way, and is an opportune appointment at the current stage of the Company’s development. 

 

As part of the planned change reflective of the stage of the Company’s growth, Mr Robert Ierace will step down from his role as CFO-Australia effective 15 January 2024, however he will remain with the Company until the end of March to assist Ms Gooding and ensure a smooth transition.  The Company would like to take this opportunity to thank Mr Ierace for his invaluable hard work and efforts during his tenure in which the Company has experienced significant growth and wishes him all the best in his future endeavours. 

Managing Director and CEO, Cris Moreno commented: “We are delighted with the appointment of Ms Gooding and believe her extensive global CFO experience will be important in Vulcan’s next stage of commercial growth.

“Ms Gooding has worked across capital markets, debt and equity structures and brings a wealth of knowledge in the financing of major projects.” 

 ¹ Zhero BV is a focused developer of green and clean energy projects, such as renewables, H2 and derivatives, interconnections, energy storage and repurposing.  

 

About Vulcan

Founded in 2018, Vulcan’s unique Zero Carbon Lithium Project aims to decarbonise lithium production, through developing the world’s first net carbon neutral lithium business, with the co-production of renewable geothermal energy on a mass scale. By adapting existing technologies to efficiently extract lithium from geothermal brine, Vulcan aims to deliver a local source of sustainable lithium for Europe, built around a net zero carbon strategy with exclusion of fossil fuels. Already an operational renewable energy producer, Vulcan will also provide renewable electricity and heat to local communities. Vulcan’s combined geothermal energy and lithium resource is the largest in Europe[1], with license areas focused on the Upper Rhine Valley, Germany. Strategically placed in the heart of the European electric vehicle market to decarbonise the supply chain, Vulcan is rapidly advancing the Zero Carbon Lithium Project to target timely market entry, with the ability to expand to meet the unprecedented demand that is building in the European markets. Guided by our Values of Climate Champion, Determined and Inspiring, and united by a passion for the environment and leveraging scientific solutions, Vulcan has a unique, world-leading scientific and commercial team in the fields of lithium chemicals and geothermal renewable energy. Vulcan is committed to partnering with organisations that share its decarbonisation ambitions and has binding lithium offtake agreements with some of the largest cathode, battery, and automakers in the world. As a motivated disruptor, Vulcan aims to leverage its multidisciplinary expert team, leading geothermal technology and position in the European EV supply chain to be a global leader in producing zero fossil fuel, net carbon neutral lithium while being nature positive. Vulcan aims to be the largest, most preferred, strategic supplier of lithium chemicals and renewable power and heating from Europe, for Europe; to empower a net zero carbon future.