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Vulcan Energy Gets First Equity Funds Under EUR2.2 Billion Funding for Lionheart Project

MT Newswires·07/16/2026 00:36:09
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12:36 AM EDT, 07/16/2026 (MT Newswires) -- Vulcan Energy Resources (VUL.F) received the first equity funds under a 2.2 billion-euro funding package for the Lionheart lithium and geothermal energy project between Germany and France. The initial funds follow the satisfaction of first strategic drawdown conditions, the lithium and renewable energy producer said Wednesday. The company noted that further drawdowns will be subject to fulfillment of conditions as specified in the financing arrangement.