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Vulcan Energy Secures €104m German Grants to Power Europe’s EV Battery Future

8:22am on Wednesday 23rd of July, 2025 AEST Mining
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Vulcan Energy Secures €104m German Grants to Power Europe’s EV Battery Future

8:22am on Wednesday 23rd of July, 2025 AEST
Key Points
  • €104 million grants approved for lithium production and processing
  • Funding supports Vulcan’s Phase One Lionheart Project in Germany
  • Grants aim to strengthen Europe’s EV battery raw materials supply chain
  • Complementary €100 million grant and €500 million EIB financing secured
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