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  • 12 February 2026
  • Market: Metals, Battery Materials
In this episode, Vulcan Energy CEO Cris Moreno joins Argus reporters Chris Welch and Avinash Govind to discuss the company’s latest progress at its Lionheart project in southwest Germany, following the start of new geothermal drilling activity to support Phase One development in Landau.

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Key topics include:

  • Scaling from pilots to full scale DLE and electrolysis
  • Drilling outcomes at LSC 1A and 1B, and potential partnerships with oil majors
  • Vulcan’s exposure to German and EU policy
  • Phase Two and Three growth plans across the Upper Rhine Valley
  • Updated offtake timelines and qualification pathways

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