Vulcan Energy Resources to Begin Seismic Surveys on Geothermal Heat Development Project in Germany

MT Newswires Live

2025/02/24

Vulcan Energy Resources (ASX:VUL) received the approvals to begin seismic surveys for its geothermal heat development project in Germany, according to a Monday filing with the Australian bourse.

The project is in partnership with chemicals producer BASF SE, the filing said.

Two-dimensional seismic survey measurements will be conducted from late February to early March as part of the first stage of development.

Vulcan Energy's shares were down past 2% in recent trade.

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