2gré secures permit for geothermal lithium project in Limagne Basin in France
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An exclusive lithium mining permit has been granted to 2gré for the Limagne Basin in France, which extends an existing geothermal permit in the region.
Geothermal developer 2gré has been granted the exclusive permit for lithium mining exploration in the Limagne Basin (Bassin de Limagne) in France. This is an extension of the existing high-temperature geothermal permit for the “Riom-Clermont-Métropole” area also held by 2gré, effectively making the project a combined geothermal heat and lithium planned development.
The lithium mining permit covers an area of 442.68 square kilometers, partially or totally encompassing more than 60 municipalities in the department of Puy-de-Dôme. The company has made a financial commitment of at least EUR 11.95 million in minimum to be spent for research. The permit is granted for a period of five years.
Early plans for geothermal energy and lithium development in the Limagne Basin region were indicated back in 2020 by Fonroche Geothermie. Such plans did not proceed partly due to the untoward seismic incidents at the company’s Vendenheim project. In 2023, the company was wholly acquired by the Arverne Group, and is now known as 2gré.
In late 2024, Arverne Group announced the completion of a large-scale 3D seismic survey covering 1000 square kilometers within the “Riom-Clermont-Métropole” permit area.
A combined geothermal energy and lithium extraction business model is also being advanced by the Arverne Group through subsidiary Lithium de France at the Schwabwiller in the Alsace region. Earlier this year, the company reported data from its first drilled well, with early results exceeding all of the project objectives.
Source: Legifrance