Summary:
Vulcan appoints BNP Paribas, a leader in sustainability with a strong track-record in advisory and financing of battery and renewable projects, including the €1.3Bn Northvolt’s Gigafactory in Sweden and the £5.5Bn Dogger Bank in the UK.
Vulcan and BNP Paribas will work together on a bankability review in the lead up to the Definitive Feasibility Study (DFS) and, upon its completion, on the structuring and execution of the financing of the Zero Carbon Lithium™ Project.
The Project aims to decarbonise the production of batteries for electric vehicles, by developing the world’s first Zero Carbon Lithium™ Project.