Vulcan Energy Resources Ltd. (AU:VUL) has released an update.
Vulcan Energy Resources Ltd. is advancing its ZERO CARBON LITHIUM™ Project, achieving a significant milestone by consolidating ownership of key assets through the acquisition of Geox GmbH, and securing a €10m credit facility with BNP Paribas for operational flexibility. This move streamlines operations, improves project efficiency, and is a step towards the financial closure and commencement of Phase One of the flagship project, which aims to supply lithium and renewable energy to European markets including major automakers.
For further insights into AU:VUL stock, check out TipRanks’ Stock Analysis page.