Arverne says pre-industrial phase of Lithium de France project ends above initial forecasts
Bitget2026/09/23 16:03- Arverne reported H1 2026 gross activity up 60.1% to EUR 16.8 million, citing above-plan operational performance.
- Lithium de France geothermal lithium project completed its pre-industrial phase on schedule, with results exceeding initial forecasts.
- Equinor Ventures reaffirmed support for the Lithium de France project; Arverne also reported successful drilling of the first wells.
- Post-period, Arverne issued EUR 70 million of ORANE, subscribed by existing backers alongside Bpifrance and GEOGREEN.
- Exploration potential in Alsace was put at up to 43 million tonnes of lithium carbonate equivalent; a new geothermal lithium permit was secured in Auvergne.
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