Stellantis extends its partnership with Vulcan Energy and becomes a shareholder


June 24 (Reuters) – Stellantis NV:

* EXTENDS ITS PARTNERSHIP WITH VULCAN ENERGY AND BECOMES A SHAREHOLDER IN THIS LITHIUM DCARBON PRODUCTION COMPANY

* STELLANTIS WILL BECOME THE SECOND SHAREHOLDER OF VULCAN

* THE DURATION OF THE INITIAL AGREEMENT IS EXTENDED TO 10 YEARS

* BETWEEN DE STELLANTIS INTO THE CAPITAL OF VULCAN FOR AN AMOUNT OF 50 MILLION EUROS

*THIS INVESTMENT IS INTENDED TO SUPPORT VULCAN’S PLANNED PRODUCTION DEVELOPMENT OF ITS BRINE DEPOSIT LOCATED IN GERMANY’S UPPER RHINE VALLEY Original text: https://bit.ly/3NgF9Eo Gdansk)



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