ALPHAXIOMS Geothermal News & Energy Research

Europe Takes a Giant Leap Toward Lithium Independence: EIB Backs Vulcan Energy’s €2 Billion Lionheart Project with €250 Million By: Robert Buluma 3 December 2025 – In a move that could reshape Europe’s battery and electric-vehicle future, the European Investment Bank (EIB) has just signed a landmark €250 million financing agreement with Australian-German company Vulcan Energy for Phase One of the Lionheart Project in Germany’s Upper Rhine Valley. This isn’t just another mining project. It’s Europe’s first commercial-scale Direct Lithium Extraction (DLE) operation that simultaneously produces battery-grade lithium and renewable geothermal heat and power – all with a net-zero carbon footprint. Why this matters for Europe Lithium is classified as both a critical and strategic raw material under the EU’s Critical Raw Materials Act.   Europe currently imports >95% of its battery-grade lithium, mostly from Australia, Chile and China.   By 2030, the EU’s demand for lit...

Revolutionizing Energy in Bavaria: The Innovative Geothermal Project Supported by the  European Investment Bank By: Robert Buluma In the heart of Bavaria, Germany, a groundbreaking energy initiative is taking shape, promising a greener, more sustainable future for the region. Backed by the  European Investment Bank (EIB) and bolstered by the EU Innovation Fund, this project aims to harness the Earth's natural heat to power homes and businesses, marking a significant leap forward in renewable energy technology. The Vision: Eavor-LoopTM Technology At the forefront of this venture lies Eavor , a pioneering energy company dedicated to revolutionizing the way we harness geothermal energy. Their innovative Eavor-LoopTM technology represents a paradigm shift in geothermal power generation. Unlike traditional methods that rely on capturing heat from subsurface water or steam reservoirs, Eavor-LoopTM drills deep into the Earth, directly harvesting heat from underground rocks. The Impl...