• ABB to design, engineer, manufacture, test, and deliver the electrical infrastructure systems for the Lionheart Project
• The contracts have a combined value of ~€46 million
• ABB will provide the high, medium, and low-voltage power distribution systems, variable frequency drives, transformers, UPS, and protection equipment

Vulcan Energy (ASX: VUL, FSE: VUL) is pleased to announce leading global technology company, ABB, as the Main Electrical Contractor (MEC) partner for the Phase One Lionheart Project (the Project or Lionheart). 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 ~€46 million. The upstream LEP is located in Landau, Rhineland-Palatinate, and the downstream CLP is located in Industrial Park Höchst, 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. The signing of the contracts follows a Memorandum of Understanding (MoU) entered into by the Company and ABB in April 2024. The partnership was designed to optimise processes, shorten delivery times, and reduce and improve cost performance. The signing of the contracts is a condition precedent to financing, which the Company is targeting to finalise, together with additional project and financing agreements, in Q4 2025.