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December 4, 2025 27 mins

Welcome to the latest episode of On the Couch.

In this episode, Henry Jennings is joined by Dr Francis Wedin, Chair of Vulcan Energy (ASX: VUL). A long-time friend of the podcast, Francis founded Vulcan around seven years ago. He was previously Executive Director of ASX-listed Exore Resources, where he successfully developed two new lithium resources across two continents.

Vulcan Energy has recently announced a comprehensive funding package for its flagship Upper Rhine Valley lithium–geothermal project, Lionheart. Backed by some of Europe's largest banks and institutions, the company now has the capital to begin construction on Phase 1 of this ambitious project.


Talking Points

  • What exactly does Vulcan do?
  • Where is the Lionheart project located?
  • How easy was it to secure the funding?
  • The funding package is complex – what are its key features in simple terms?
  • Is the team in place to construct a project of this scale?
  • What sets Vulcan apart from the rest?
  • Vulcan has a loyal shareholder base, including Hancock Prospecting – how important is that support?
  • What happens next?


Disclaimer: This is general advice only. It doesn't take your personal circumstances into account. Please speak to a licensed adviser before acting on anything in this episode.

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