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Vulcan Energy Secures First Lithium Licence, Powering Europe’s EV Battery Future
10:34am on Tuesday 17th of March, 2026 AEDT
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Vulcan Energy Secures First Lithium Licence, Powering Europe’s EV Battery Future
10:34am on Tuesday 17th of March, 2026 AEDT
Key Points
First lithium production licence granted in Germany’s Upper Rhine Valley Brine Field
Lionheart Project now fully funded with €2.2 billion and under construction
Target production of 24,000 tonnes lithium hydroxide annually, powering 500,000 EV batteries
Licence initially valid for six years, with plans to extend to 30 years
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