middle.news
Vulcan Secures €398M to Kickstart Europe’s First Sustainable Lithium Project
9:20am on Thursday 4th of December, 2025 AEDT
•
Mining
Read Story
Vulcan Secures €398M to Kickstart Europe’s First Sustainable Lithium Project
9:20am on Thursday 4th of December, 2025 AEDT
Key Points
Raised €398 million (A$710 million) at A$4.00 per share, a significant discount to recent prices
Funds to fully cover Phase One Lionheart project construction and startup
Retail entitlement offer to raise an additional €205 million (A$366 million)
Updated project economics show slight lithium price forecast reductions and a 3% CAPEX increase
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Vulcan Energy Resources (ASX:VUL)
OPEN ARTICLE