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Lithium aspirant Vulcan hopeful of $825m European loan

Hans van Leeuwen
Hans van LeeuwenEurope correspondent

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London | ASX-listed lithium aspirant Vulcan Energy Resources is poised to score a €500 million ($825 million) loan from the European Investment Bank, as the company looks to raise up to €1.8 billion to get its major project in Germany operational.

Vulcan executive chairman Francis Wedin said public support such as the loan Vulcan is now expecting from the EIB could help get the long-anticipated domestic European lithium industry up and running.

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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com

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    Original URL: https://www.afr.com/companies/mining/lithium-aspirant-vulcan-lands-825m-from-european-investment-bank-20240223-p5f77o