Vulcan Energy (ASX:VUL) granted new exploration licence Vulcan Energy (VUL) receives a new three-year exploration licence in the Upper Rhine Valley The new licence covers geothermal energy, geothermal heat, brine and lithium over a 108-square-kilometre area, which Vulcan considers to be prospective for geothermal and lithium brine Vulcan’s geological team are now reviewing existing data over the area for future resource definition, which will add to the site’s total mineral resource Vulcan Energy last traded at $8.33 on July 9 Vulcan Energy (VUL) has been granted a new three-year exploration licence in the Upper Rhine Valley. The new licence covers geothermal energy, geothermal heat, brine and lithium over a 108-square-kilometre area, which Vulcan considers to be prospective for geothermal and lithium brine.