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Vulcan Energy (ASX:VUL) appoints new COO and joins lithium committee

Materials
ASX:VUL      MCAP $585.0M
01 February 2021 14:45 (AEST)
Vulcan Energy Resources (ASX:VUL) - Chief Operating Officer, Thorsten Weimann

Source: Bundesverband Geothermie

Vulcan Energy Resources (VUL) has appointed geothermal project expert Thorsten Weimann as the company’s Chief Operating Officer.

Thorsten is currently a geothermal expert for the German Government and sits on the board of several geothermal associations. He has over 25 years’ experience in geothermal project development and operation in Germany. 

Thorsten has a strong track record of successful geothermal project execution, starting with his tenure as CEO of Global Engineering & Consulting GmbH in 2007. Prior to that, he founded a deep drilling business, Herrenknecht Vertical, in order to build drilling rigs for the geothermal market.

As Vulcan Energy’s new COO, Thorsten will oversee the development of the company’s Zero Carbon Lithium Project in Germany.

Vulcan’s Managing Director, Dr Francis Wedin, commented on Thorsten’s appointment within the company.

“We are excited to welcome Thorsten Weimann to lead the development team in this transformative year for the Vulcan Project,” he said.

“Thorsten’s experience in successful geothermal project development in Germany will be important for executing on our strategy, to supply the European market with Zero Carbon Lithium hydroxide and renewable geothermal energy,” he added.

In other news, Vulcan Energy Resources has joined a German lithium ISO standards committee. The German National Committee of ISO/TC 333 coordinates the standardisation process for lithium chemicals at a national level, and also organises Germany’s participation in standards work at the European and international levels.

Vulcan’s Lithium Product Manager, Dr Katharina Gerber, has not only joined this committee, but been elected as its Chairman. Along with experts from 15 other countries, Dr Gerber will work to apply European standards of sustainability and carbon footprint limits to international lithium product standardisation.  

Vulcan Energy Resources is down 4.05 per cent, trading at $7.58 per share at 12:06 pm AEDT.

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