Great news today for Vulcan Energy.
The Board of the European Investment Bank (EIB) has approved its participation in the Company’s debt financing process for its Phase One Project.
The EIB’s proposed financing could amount to up to €500m

www.eib.org/en/press/all...

China dominates the processing of clean energy metals but the USA are Europe are in a race to catch up - surely Vulcan Energy will get the nod today from the European Investment Bank?
#Energytransition #Investments #Lithium #RareEarths #Expats

Take a look at the dominance of China in Rare Earths - used in car batteries, windfarms, drones, robotics and the discovery of space. We can find RE's everywhere but processing RE's is expensive and potentially environmentally damaging.
The only major processor outside of China - Lynas (LYC:AX)

Vulcan Energy Resources - Zero Carbon Lithium
Potentially a great week ahead for Vulcan.

*This weekend, Vulcan obtained conditional approval for €120 million from Export Finance Australia (EFA).

*On Wednesday, 11th December, a proposed €500 million loan from the EIB will hopefully be approved !!!

At some stage soon, Lynas (LYC:AX) is going to pop and rally well above $12.00.
Currently trading at $6.93 and a market cap of approx. US$4.2 billion.

The vison of the Critical Materials Assessment by the U.S. Department of Energy is summarized in the matrix below.

Did you know there are only 2 companies outside of China processing Rare Earths in volume and over the last 12 months Gina Rinehart has bought a 5%+ stake in both companies - Lynas in Australia and MP Materials in the USA.
lynasrareearths.com

We are a well established brand and always keen to support local expat communities.

Vulcan Energy is the 1st company to produce Carbon-Neutral Lithium.
www.facebook.com/InvestintheE...