Vulcan Energy Secures Major Partnership in European Lithium Push

German lithium innovator Vulcan Energy has taken a substantial leap toward establishing Europe’s first domestic lithium production source. The company’s landmark €46 million agreement with global technology leader ABB for its flagship Lionheart initiative signals a concrete transition from ambitious planning to operational execution. Following a significant share price increase, market observers are questioning whether this momentum can be sustained.

The collaboration with Swiss technology conglomerate ABB represents the most substantial single contract awarded for Vulcan’s Phase One development. This arrangement covers approximately 20% of the project’s total infrastructure expenditure. ABB will deliver comprehensive electrical infrastructure services—encompassing design, manufacturing, and implementation—for the lithium extraction facility, central lithium Read more...