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23 Feb

Vulcan moves a step closer to €500m EIB financing

Australia-listed Vulcan Energy Resources said Friday its lithium project in Germany has moved a step closer to a €500 million ($541.5m) financing deal with the European Investment Bank (EIB), Kallanish reports. According to a stock exchange update, Vulcan’s Phase 1 Zero Carbon Lithium project appears potentially suitable for EIB financing, as the project has advanced to the “under appraisal” stage. A project financed by the EU lending arm ty…
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