Lithium de France, a Subsidiary of Arverne Group, Is Granted a New "PER" (Exclusive Exploration License) for Lithium in Northern Alsace
19 Fevereiro 2024 - 2:00PM
Business Wire
Regulatory News:
A decree published in the French Journal Officiel on 16 February
2024 announces the granting of a new "lithium and related
substances" PER, known as "Les Poteries Minérales", to Lithium de
France, a subsidiary of Arverne Group (Paris:ARVEN). Located in the
Bas-Rhin region of France, the license covers an area of 151km2.
This is Lithium de France's fourth license in two years. In
Northern Alsace, Lithium de France has already launched a number of
sub surface studies and exploration campaigns, enabling it to map a
significant part of the subsoil in the areas covered by its first
licenses.
Integrated across the entire value chain and using innovative
processes, Arverne Group's ambition is to combine the production of
local renewable heat from geothermal energy with the extraction and
processing of geothermal lithium for the electric car industry.
Through its subsidiaries, the Group has a portfolio of 9
exclusive research licenses - including 7 for geothermal energy and
2 for lithium - located in three different regions
(Nouvelle-Aquitaine, Auvergne-Rhône-Alpes, Grand Est), covering
more than 2,000 km² in France.
"This new license, which mirrors the exclusive "Les Poteries"
geothermal exploration license granted last August, is a major step
forward for Lithium de France's teams. We are delighted to have
been awarded this license and will be continuing our work with
local stakeholders to contribute to the decarbonization of the
French energy mix by developing geothermal projects and domestic
production of geothermal lithium," said Pierre Brossollet, Chairman
and CEO of Arverne Group.
***
About Arverne Group Arverne
Group specializes in harnessing underground resources to transform
them into environmentally friendly, local and renewable energy,
contributing to the prosperity of local communities. As an
integrated industrial player, Arverne Group spans the entire
underground value chain, from exploration to drilling and
production to sales to end-users. Arverne Group aims to become the
French leader in geothermal energy and its by-products, including
low-carbon geothermal lithium.
Founded in Pau in 2018, Arverne Group has structured its
business activities around several subsidiaries, notably 2gré (sale
of geothermal heat), Lithium de France (geothermal heat and
extraction and sale of geothermal lithium) and Arverne Drilling
Services (drilling operations).
A mission-driven company, Arverne Group is listed on the Tech
Leaders segment of Euronext Paris (ISIN FR001400JWR8, mnemonic
ARVEN). www.arverne.earth
About Lithium de France
Founded in 2020 and based in Bischwiller in Northern Alsace,
Lithium de France is positioned as a key contributor to the
decarbonization of the industry. Its local, non-intermittent, and
accessible heat production will contribute to the
re-industrialization of local areas. The lithium produced for
electric mobility is also paving the way for a future of renewed
energy sovereignty. Alsace's groundwater is a source of heat, rich
in minerals and particularly rich in lithium. Lithium will be
extracted using technologies that reduce the environmental impact
of the production process. www.lithiumdefrance.com
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