Hochtief Invests in Europe’s Largest Lithium Production Project

Reuters
2025.12.03 06:02
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HOCHTIEF AG has invested EUR 169 million in Vulcan Energy to support Europe's largest lithium production project. This includes EUR 39 million for the Lionheart Project and up to EUR 130 million in Vulcan shares. HOCHTIEF will be the preferred supplier for civil construction, partnering with Sedgman as the EPCM contractor for the Lithium Extraction and Central Lithium Plants. The project aims to supply lithium for 500,000 electric vehicles annually and is recognized as an EU Strategic Project.

HOCHTIEF AG has expanded its strategic partnership with Vulcan Energy to deliver Europe’s largest lithium production project. The company has agreed to invest EUR 169 million in Vulcan, including EUR 39 million for the Lionheart Project and up to EUR 130 million in Vulcan shares, making HOCHTIEF a cornerstone investor. As preferred supplier for the project’s civil construction works, HOCHTIEF, together with Sedgman, will serve as Engineering, Procurement and Construction Management contractor for the EUR 397 million Lithium Extraction Plant and the EUR 337 million Central Lithium Plant. The initiative aims to supply lithium for 500,000 electric vehicles annually and is designated an EU Strategic Project under the Critical Raw Materials Act. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hochtief AG published the original content used to generate this news brief on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here