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Country: France
- Created in 2020 by the Arverne Group, our vocation is to combine geothermal energy, for local, economical and sustainable heat production, with the extraction and processing of lithium in an environmentally friendly way.
- Some geothermal waters contain this light alkaline metal, essential to the energy transition.
- Innovative extraction processes offer the opportunity to create a French low-carbon lithium industry
- In October 2021, when Lithium de France raised its first round of financing, the Arverne Group was joined by other investors, including Equinor Ventures, an investment fund backed by Norwegian company Equinor, and Langa International.
News
France's Arverne dreams of becoming a future energy major 19/09/2023
- Geothermal and lithium specialist to raise more than 150 million at IPO.
- Founded in 2018 by Pierre Brossollet, Arverne Group aims to produce next-generation energy: Geothermal energy
- This heat will be produced by drawing it from a depth of up to 200 meters.
- An integrated operator, from exploration, drilling and plant construction, to the production of these resources and the sale of calories or lithium, Arverne Group will be in charge of the entire process
- Last year's sales of 10 million euros came from its drilling activity, which it carries out on behalf of others.
- Arverne Group holds a dozen exclusive exploration permits in the Grand Est, Aquitaine and Auvergne regions of France
- Between 2025 and 2027, sales will be in the hundreds of millions of euros
- Arverne is targeting 30,000 tonnes of lithium a year, or a third of the annual demand of French battery factories.
Arverne Group floats on the stock market to accelerate geothermal and lithium development 18/06/2023
- Financing secured by Arverne Group: 130 million euros.
- Start of geothermal production: 2025.
- Start of lithium production: 2027.
- Low-carbon lithium mining and refining planned for 2030: 30,000 tonnes per year.
- Geothermal heat production scheduled for 2030: 4.8 TWh.
- Estimated sales for 2027: between 200 and 350 million euros.
- Estimated sales for 2030: between 800 million and 1.15 billion euros.
- Share of French lithium requirements covered by Arverne Group sites: 30 to 35%.
With €44 million in its pocket, Lithium de France plans to start drilling in Alsace in 2024 | Lithium de France: €44 million investment in Alsace in 2024 29/03/2023
Start-up Lithium de France, a subsidiary of Alsace-based Arverne, has announced that it has raised 44 million euros from its parent company, Norwegian oil company Equinor and its compatriot Hydro to enable the company to drill its first geothermal doublet in northern Alsace and optimize its lithium extraction process on an industrial scale. the company to drill its first geothermal doublet in Northern Alsace as early as 2024, and to optimize its process for extracting lithium from geothermal waters on an industrial scale.
Geothermal energy: Lithium de France raises 44 million euros 15/03/2023
- A subsidiary of the Arverne group
- - around twenty employees
- - 50,000 tonnes per year the equivalent lithium carbonate production potential in the Bas-Rhin region
- - 171 km2 covered by exclusive research permit
- Other players are also interested in lithium: the Eramet mining group, a start-up, Geolith, Fonroche Géothermie (Georhin), etc
- All are targeting France's battery industry and "gigafactory" projects.
Studies mentioning this company
The lithium market - France
Other companies mentioned:
- Vulcan Energy
- Lithium de France (Arverne Groupe)
- Viridian Lithium
- Imerys
- Adionics