middle.news
Vulcan Energy Launches Europe’s First Battery-Grade Lithium Production with €1.45bn Financing
6:32pm on Sunday 1st of June, 2025 AEST
•
Energy
Read Story
Vulcan Energy Launches Europe’s First Battery-Grade Lithium Production with €1.45bn Financing
6:32pm on Sunday 1st of June, 2025 AEST
Key Points
Raised €164m via fully underwritten institutional placement and €8m through Share Purchase Plan
Conditional debt commitment of €879m secured from Export Finance Australia and seven banks
European Investment Bank board approved up to €500m participation pending final approvals
Started lithium hydroxide production at downstream optimisation plant in Frankfurt
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
VUL
OPEN ARTICLE