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How Vulcan’s Glencore Deal Unlocks Europe’s Lithium Future
9:01am on Monday 13th of October, 2025 AEDT
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Mining
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How Vulcan’s Glencore Deal Unlocks Europe’s Lithium Future
9:01am on Monday 13th of October, 2025 AEDT
Key Points
Binding offtake agreement with Glencore for 36,000–44,000 tonnes over eight years
Final contract required for Phase One Lionheart Project financing
Project targets 24,000 tonnes lithium hydroxide annually, powering ~500,000 EVs
Glencore joins Stellantis, Umicore, and LG Energy Solution as offtake partners
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