US EditionVulcan Energy Secures €1 Billion in Financing for Lithium Production in Germany
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Vulcan Energy secures €1 billion in financing for lithium production in Germany
The Export and Investment Fund of Denmark (EIFO) has granted an export loan of €100 million to Vulcan Energy for its Phase One Lionheart Project, bringing the total debt package for the project to approximately €1 billion. Located in the Upper Rhine Valley Brine Field (URVBF) in southwestern Germany, the Lionheart Project aims to establish Europe’s first domestic supply of sustainable lithium. China currently dominates global lithium refining. V…
In the Upper Rhine Trench, geothermal plants are to promote deep water and at the same time extract lithium from it. The money for a billion-dollar project is available.
Europe takes a decisive step towards energy sovereignty with Vulcan Energy's major investment in geothermal lithium. The project combines lithium extraction from geothermal brine using renewable energy to strengthen the European electric vehicle industry. Europe has taken another step forward in its pursuit of energy sovereignty with the landmark financing of the Australian company Vulcan Energy's project in the Rhine Valley. The company has sec…
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