Vulcan Energy announced that ABB, as the Main Electrical Contractor (MEC) partner for the Phase One Lionheart Project (the Project or Lionheart). Lionheart will have the capacity to produce 24,000 tonnes of lithium hydroxide monohydrate (LHM), enough for ca. 500,000 electric vehicles per annum, in addition to 275 GWh of power and 560 GWh of heat.
Under the contracts, ABB will be responsible for the design, engineering, manufacture, testing, and delivery of the electrical infrastructure systems for the Project covering the Lithium Extraction Plant (LEP), Central Lithium Plant (CLP), and well sites, with a combined value of EUR46 million. The upstream LEP is located in Landau, Rhineland-Palatinate, and the downstream CLP is located in Industrial Park Hochst, Frankfurt. As the MEC, ABB will provide the high, medium, and low-voltage power distribution systems, variable frequency drives, transformers, UPS, and protection equipment required to energise all process and utility systems. ABB will provide design consistency, single-point responsibility, and technical integration needed to ensure safe and reliable power distribution from the 110 kV grid interface down to the process and building-level consumers.
ABB is a global company specialising in electrification and automation technologies, offering a suite of integrated power, automation and digital solutions that enable safer, more efficient and more sustainable operations. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside Vulcan's control.
Vulcan does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Vulcan, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement.
Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision.
