Australia's Vulcan Energy hits 8-month high on new Germany geothermal contract
26/09/2025 01:56
** Shares of Vulcan Energy VUL.AX rise as much as 10.6% to A$5.53, their highest level since January 23 ** Stock posts its biggest intraday pct rise since September 15, and set for a second consecutive weekly gain, if current trend holds ** The lithium explorer signs major contract with consortium between Italy-based Organic Rankine Cycle (ORC) systems producer Turboden and Germany-based technical building equipment co ROM Technik ** Co to develop, procure, construct commercial geothermal power plant near Landau Germany as part of Phase One Lionheart Project (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;))
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