Vulcan Energy Resources Ltd. (AU:VUL) has released an update.
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Vulcan Energy Resources Ltd has received conditional approval from Export Finance Australia for a €120 million commitment to support its Lionheart lithium and renewable energy project in Germany. This project aims to produce enough lithium for around 500,000 electric vehicles annually, contributing to the decarbonization of the lithium supply chain. The company is also seeking additional funding commitments and has engaged BNP Paribas as a financial advisor.
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