Vulcan Energy Resources Limited – European Investment Bank promises 500 million euro investment for Vulcan’s Zero Carbon Lithium project (German).
The European Investment Bank (EIB) has Vulcan Energy Resources
Limited (company) to the effect that the company
has passed the EIB’s preliminary assessment for debt financing and in
the phase of considering a financing proposal of up to 500
million euros has advanced. The announcement is via a publication on
on the EIB website.
The decision does not yet represent a definitive financing commitment
possible financing by the EIB is subject to finalization
Due diligence checks, loan approvals, the conclusion of contracts
Agreements and approval by the EIB’s governing bodies.
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Vulcan Energy Resources Limited – European Investment Bank promises 500 million euro investment for Vulcan’s Zero Carbon Lithium project (German). source