European Investment Bank pledges EUR 500 million investment for Vulcan's ZERO CARBON LITHIUM™ project
https://v-er.eu/de/europaeische-investitionsbank-stellt-500-millionen-euro-investment-in-aussicht-fuer-vulcans-zero-carbon-lithium-projekt/
"Vulcan has passed the preliminary assessment of the European Investment Bank (EIB) for debt financing of up to EUR 500 million."
"The potential financing commitment is subject to final due diligence, credit approvals, the conclusion of contractual agreements and approval by the EIB's governing bodies."
"The positive signal from the EIB underlines the European Union's (EU) commitment to building a safe, domestic and sustainable lithium supply chain for electric vehicles."
"The company will establish a supply chain for climate-neutral lithium and supply some of the most important German and European automotive and battery manufacturers - including Vulcan's second-largest shareholder, Stellantis."
2) EIB - Proposed Projects: ZERO CARBON LITHIUM
https://www.eib.org/de/projects/pipelines/all/20200749
European Investment Bank pledges EUR 500 million investment for...
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