[SMM Flash News] Zambia Secures Contractors for 312 MW Decentralised Solar Project Across 156 Constituencies

Vulcan Energy has officially achieved Financial Close for its €2.2 billion Lionheart Project financing arrangements, unlocking the remaining balance of its equity and debt package. Located in the Upper Rhine Valley between Germany and France, Lionheart is a landmark integrated lithium and renewable energy initiative. The project targets an annual production capacity of 24,000 tonnes of lithium hydroxide monohydrate (LHM), sufficient to power roughly 500,000 electric vehicles per year, alongside 275 GWh of renewable power and 560 GWh of heat over a 30-year lifespan. Following a positive Final Investment Decision and the start of construction in late 2025, reaching Financial Close secures the sequential drawdowns needed to keep the project on track and on budget.

Sandvik Mining has successfully achieved ISO/IEC 27001 certification following an independent audit of its Information Security Management System (ISMS). The accreditation highlights the company’s commitment to protecting information assets, managing cyber risks, and ensuring the security and availability of its mission-critical digital business capabilities. By aligning its global application delivery processes with this leading international standard, Sandvik Mining ensures that cybersecurity is integrated into solution design and deployment, providing mine operators with a reliable, audited framework for data protection, access control, and incident response.