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Vulcan Energy Draws Initial €2.2bn for Lionheart Lithium Project

8:19am on Wednesday 15th of July, 2026 AEST Energy
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Vulcan Energy Draws Initial €2.2bn for Lionheart Lithium Project

8:19am on Wednesday 15th of July, 2026 AEST
Key Points
  • Initial equity funds received post-Financial Close
  • Lionheart targets 24,000 tonnes lithium hydroxide annually
  • Project co-produces 275 GWh renewable power and 560 GWh heat
  • Funding drawdowns tied to project milestones and conditions
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