Arverne says pre-industrial phase of Lithium de France project ends above initial forecasts

Bitget2026/09/23 16:03

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arverne Group SA published the original content used to generate this news brief on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Arverne says pre-industrial phase of Lithium de France project ends above initial forecasts

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