Automotive|Building|Construction|Energy|Industrial|Manufacturing|PROJECT|Renewable Energy|Renewable-Energy|Service|Manufacturing |Solutions|Drilling
Automotive|Building|Construction|Energy|Industrial|Manufacturing|PROJECT|Renewable Energy|Renewable-Energy|Service|Manufacturing |Solutions|Drilling

Vulcan strikes decarbonising deal with Stellantis

17th January 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia


Font size: - +

PERTH ( – Dual listed Vulcan Energy has struck a phased project agreement with vehicle manufacturer Stellantis to support the decarbonisation of the Rüsselsheim manufacturing site in the Upper Rhine Valley, Germany.

The partnership is aimed at developing, building and operating geothermal renewable energy assets to help decarbonise the energy supply in Rüsselsheim by providing renewable heat.

The first phase of the project will include a pre-feasibility study for the construction of geothermal assets for Stellantis’ Rüsselsheim facility, carried out by Vulcan and based on existing data. The following phase, if the first phase is successful, will focus on drilling and more advanced studies and development.

Stellantis will aim to source funding for 50% of the project development after the first phase.

“Vulcan’s core mission is decarbonisation, through carbon neutral, zero fossil fuels lithium and renewable energy supply. Vulcan is here to support Stellantis, our largest lithium customer and one of our major shareholders, to decarbonise Stellantis’ automotive production in Europe,” said Vulcan MD and CEO Dr Francis Wedin.

“This further increases our decarbonising impact on the European electric vehicle industry, complementing the carbon avoidance from our Zero Carbon lithium project, while creating shareholder value. We remain focused on our core geothermal-lithium developments in the centre of the Upper Rhine Valley Brine Field, to service our customers, including Stellantis.

“Our joint project is a complementary opportunity to expand our development pipeline to some of the outer lying areas in the Upper Rhine Valley, where we can also test for extensions to our lithium development, supported by industrial partners like Stellantis.”

Stellantis CEO Carlos Tavares said that the partnership with Vulcan reinforced Stellantis’ commitment to promoting greater clean energy solutions across its enterprise.

“It is one of many actions we’ve taken to drive results, impact, and sustainability in alignment to our Dare Forward 2030 strategic plan.”

Edited by Creamer Media Reporter



The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...


Latest Multimedia

sponsored by

On-The-Air (17/05/2024)
On-The-Air (17/05/2024)
17th May 2024 By: Martin Creamer
Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.167 0.202s - 91pq - 2rq
1: United States
Subscribe Now
2: United States