BASF SE (<a href="https://www.boerse-frankfurt.de/equity/basf-se" target="_blank">ETR:BAS</a>) has agreed to partner with Australia-based geothermal energy and lithium production company Vulcan Energy Resources Ltd (<a href="https://www.asx.com.au/markets/company/vul" target="_blank">ASX:VUL</a>) on a project aimed at supplying the German chemicals group with renewable heat.