First geothermal drilling for Lithium de France

First geothermal drilling for Lithium de France

Pau, le 12 juin 2025 – Pau, June 12, 2025 – Arverne Group (ISIN code: FR001400JWR8, mnemonic code ARVEN), announces the start of geothermal drilling operations in Schwabwiller, carried out by its subsidiary Lithium de France, in order to produce both renewable heat and lithium.

This launch is a major milestone in the Group’s development, made possible after obtaining the environmental authorization and a building permit.

The initial work on site involves civil engineering operations. Geothermal well drilling will begin after the summer. It will be pursued, once the necessary authorizations have been obtained, by the construction of the heat powerplant, and the installation of the demonstration plant to assess both lithium resources and the performance of the innovative Direct Lithium Extraction (DLE) technology.

Information and updates on the operations will be shared throughout the project with the various local stakeholders.

Pierre Brossollet, Founder and CEO of Arverne Group: “These initial works bring our ambition to life: making geothermal energy a tangible solution to the major challenges of decarbonization. They also represent a big step toward more energy sovereignty for our country.” »

About ARVERNE

ARVERNE, 1st French supplier of geothermal solutions.

Thanks to its expertise, Arverne transforms the natural resources in our soil and develops local heating, cooling, and lithium solutions. A mission-driven company listed on Euronext Paris, Arverne works to promote sovereign, short-circuit energy for local communities and manufacturers.

www.arverne.earth

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