Demeter along with Siemens Financial Services and HOCHTIEF, has invested in Vulcan Energy's Phase One Lionheart Project, a groundbreaking venture in Germany that combines lithium production with renewable energy.

Target Information

Vulcan Energy's Phase One Lionheart Project represents a pioneering initiative in the Upper Rhine Valley of Germany, focusing on the dual production of lithium and renewable energy. By integrating these processes, the project aims to serve both industrial sites and local communities, marking it as the first of its kind in Europe.

The project is structured under the operational management of VER GEO LIO GmbH, which is expected to drive innovation in sustainable energy and lithium production, catering to the increasing demand in the electric vehicle and renewable energy sectors.

Industry Overview in Germany

The lithium and renewable energy industries in Germany are experiencing significant growth, driven by increased demand for electric vehicles and su