BUZZ-Australia's Vulcan surges on EU strategic project status for German lithium project

Reuters

2025/03/26

** Shares of Vulcan Energy Resources VUL.AX rise 4.2% to A$4.95

** Stock rose as much as 10.3% to A$5.24 in early trade, its highest level since January 24

** Miner receives strategic project status for its Phase One Lionheart lithium and renewable energy project in Germany

** Strategic project status under European Commission's Critical Raw Materials Act

** Stock down 7.9% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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