Vulcan commences execution of Phase One Lionheart Project

The event was attended by a number of political and business dignitaries, including Vice-President of the European Investment Bank, Nicola Beer, and comes just days after the company announced securing a €2.2 billion (AUS$3.9 billion) financing package to fully fund the Phase One Lionheart Project in Germany’s Upper Rhine Valley.

Phase One Lionheart involves the construction of an integrated lithium and renewable energy project targeting production capacity of 24 000 t of lithium hydroxide monohydrate, enough for approximately 500 000 EV batteries per year, with a co-product of 275 GWh of renewable power and 560 GWh of heat capacity per year for local consumers, over an estimated 30-year project life.

The G-LEP is a central component of Lionheart, which combines renewable energy generation with carbon-neutral lithium extraction from deep geothermal brine. The plant will produce a critical raw material in Germany, lithium, that is essential for the success of the electrification of the auto-industry, while also providing long-term, renewable district heating supply for the City of Landau.

Vulcan’s Managing Director and CEO, Cris Moreno, commented:

“The start of execution of the Phase One Lionheart Project is a momentous occasion for Vulcan Energy, and a significant milestone for European critical raw materials resilience.

“The laying of the foundation stone at the GLEP is also an important step for the regional heat transition to renewable sources. Together with the City of Landau, we are sending a clear signal for sustainable heat supply and climate-friendly lithium production.

“We are pleased with the interest and support for the Lionheart Project and are looking forward to making progress on the construction of the G-LEP.”

Read the article online at: https://www.globalminingreview.com/mining/09122025/vulcan-commences-execution-of-phase-one-lionheart-project/