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High Voltage: Chevron jumps on the DLE bandwagon in the USA
Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. Chevron has jumped on the direct lithium extraction bandwagon in the USA's Smackover Formation in Texas and Arkansas, picking up two leasehold acreage positions comprising ~125,000 net acres in the lithium-brine rich region. The oil major joins the likes of ExxonMobil who are looking to extract battery grade lithium from brines, leveraging its experience in subsurface, drilling, and resource extraction into Direct Lithium Extraction (DLE). The tech has similarities to conventional oil production, and instead of relying on traditional evaporation methods, extracts lithium from the brine and injects the remaining water back into the reservoir. It's also faster and has a smaller environmental footprint than evaporation ponds. 'This acquisition represents a strategic investment to support energy manufacturing and expand U.S.-based critical mineral supplies,' said Jeff Gustavson, president of Chevron New Energies president Jeff Gustavson said. 'Establishing domestic and resilient lithium supply chains is essential not only to maintaining U.S. energy leadership but also to meeting the growing demand from customers. 'This opportunity builds on many of Chevron's strengths including subsurface resource development and value chain integration.' Here's what Chevron envisages the process will look like. Cute. ASX listed US lithium hopefuls Anson Resources (ASX:ASN) Anson was an early mover in the movement to extract lithium rich brines from oil and gas reservoirs with its Paradox lithium project in Southern Utah. Boasting a +1Mt lithium carbonate equivalent resource, the company has moved to expand its footprint via the Green River lithium project in Utah, where Anson just announced a resource estimate or 103,000t, including 19,000t in the indicated category. The resource is based on drilling of the Bosydaba #1 well, which only represents around 24% of the property area, leaving room for significant exploration upside. Recent testwork also showed a >99% average rejection rate of impurities including sodium, calcium, magnesium and potassium. Rejecting more than 99% of impurities paves the way for a higher purity lithium carbonate product for use in electric vehicle batteries, which translates to low purification costs. US industrial giant Koch was brought on board for that industry leading pilot program. Over at Paradox, Anson recently received approval from the US Department of the Interior, Bureau of Land Management to begin western expansion resource drilling, with the plan to enter the Mineral Canyon Fed 1-3 and Sunburst 1 wells. The wells are located approximately 1km from historic lithium-rich assayed brines previously sampled from several historic oil and gas wells in the 'Big Flat' area. Jindalee Lithium (ASX:JLL) Jindalee owns the McDermitt Lithium Project in Oregon, which earlier this year was placed on the FAST-41 list by the Trump Administration. Listed as a Transparency Project on the register after an April 18 executive order from President Donald Trump, the listing could lead to faster permitting for the project, one of 10 identified by the US Government as its first wave of critical minerals projects supported by a previous March 20 exec order to increase domestic mineral production. The project, located near the site of America's first new lithium mine to hit FID in years, Thacker Pass, hosts an ore reserve of 251Mt at 1751ppm for 2.34Mt of lithium carbonate equivalent material. A PFS last year suggested it would produce 47,500tpa of lithium carbonate in the first 10 years of the 40 year operation at a C1 unit cost of US$8080/t. The company's Exploration Plan of Operations (EPO) is currently in the final stages of National Environmental Policy Act (NEPA) review with an Environmental Assessment recently published for public comment. Chariot Corporation (ASX:CC9) Chariot has stakes in both hard rock and clay-hosted lithium assets in Wyoming, Nevada and Oregon. The company is focused on its Black Mountain project, where it is exploring for a large-scale resource and testing the viability of a pilot mine. It also holds the Resurgent project in Nevada, a claystone project in the style of Thacker Pass and McDermitt. The Black Mountain pilot's proposed modular plant design would reduce upfront costs, offer flexibility to scale up rapidly, and provide short-term cash flow. A second phase RC drilling program kicked off back in November with the objective of defining a small-scale lithium resource that may support the establishment of the pilot mine. ioneer (ASX:INR) INR owns the Rhyolite Ridge lithium-boron project in Nevada and secured approval from the US Bureau of Land Management on the Final Environmental Impact Statement (EIS) last year, marking the final hurdle in the federal permitting process. In a record-setting deal for an Australian company, ioneer received a $US996m ($1.6b) 20-year loan from the US Department of Energy to develop an on-site processing facility at the project. The company lifted resources at the asset by 45% in March to 510Mt containing 3.97Mt of lithium carbonate equivalent and 14.66Mt of boric acid equivalent. If it can be developed ahead of Thacker Pass it would be the first new lithium mine in the US in almost 60 years and the first new boron mine in almost 100. INR also recently announced a ~US$16 Million (~A$25 Million) placement at 10 cents per share (Aussie) to complete a strategic partnering process and move on to a final investment decision for the project. Battery Metals Winners and Losers Here's how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese and vanadium is performing >>> Code Company Price % Week % Month % Six Month % Year Market Cap XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 19900% $17,528,272 ADD Adavale Resource Ltd 0.002 100% 33% 0% -60% $4,574,558 PVT Pivotal Metals Ltd 0.012 71% 71% 50% -29% $10,886,711 VR8 Vanadium Resources 0.021 62% 50% -30% -67% $11,850,129 SRL Sunrise 0.745 51% 64% 239% 91% $77,144,511 IXR Ionic Rare Earths 0.012 50% 50% 100% 9% $63,209,109 ENT Enterprise Metals 0.003 50% 50% -25% -25% $2,953,293 LU7 Lithium Universe Ltd 0.009 50% 80% 0% -40% $7,859,796 YAR Yari Minerals Ltd 0.013 44% 86% 333% 225% $7,211,249 GCM Green Critical Min 0.025 43% 79% 317% 733% $61,360,707 DTM Dart Mining NL 0.004 33% 0% -60% -78% $3,594,167 MTM MTM Critical Metals 0.665 30% 171% 343% 1915% $311,733,850 LOT Lotus Resources Ltd 0.2025 27% 13% 9% -45% $485,793,226 EVR Ev Resources Ltd 0.0075 25% 50% 275% 49% $11,915,020 BCA Black Canyon Limited 0.1 25% 69% 52% 11% $12,446,467 A11 Atlantic Lithium 0.15 25% 11% -43% -62% $107,437,834 EUR European Lithium Ltd 0.051 24% -2% 46% -2% $92,491,614 WSR Westar Resources 0.006 20% 20% -14% -33% $1,993,624 ATM Aneka Tambang 0.995 20% 2% 6% -7% $1,297,131 KAI Kairos Minerals Ltd 0.031 19% 11% 138% 244% $81,558,278 CNB Carnaby Resource Ltd 0.37 17% 19% 4% -27% $86,787,766 ESR Estrella Res Ltd 0.052 17% 37% 154% 1056% $106,701,757 REE Rarex Limited 0.021 17% -13% 133% 50% $19,323,444 AX8 Accelerate Resources 0.007 17% -22% 0% -84% $5,580,321 M24 Mamba Exploration 0.014 17% 0% 17% -18% $4,132,319 OM1 Omnia Metals Group 0.014 17% 56% -82% -82% $2,822,192 SRI Sipa Resources Ltd 0.015 15% 25% 7% 0% $6,245,975 RAS Ragusa Minerals Ltd 0.015 15% -12% 25% -17% $1,996,383 GBR Greatbould Resources 0.071 15% 4% 58% 15% $54,775,639 VRC Volt Resources Ltd 0.0045 13% -10% 13% -10% $23,423,890 SGQ St George Min Ltd 0.0315 13% 21% 26% 21% $85,530,318 LML Lincoln Minerals 0.0045 13% 13% -18% -25% $8,410,279 LCY Legacy Iron Ore 0.009 13% 0% 13% -33% $87,858,383 HAW Hawthorn Resources 0.055 12% 0% 34% -21% $18,425,859 BUR Burleyminerals 0.046 12% -12% -24% -56% $8,333,696 JLL Jindalee Lithium Ltd 0.425 12% -11% 107% 32% $31,768,445 ITM Itech Minerals Ltd 0.03 11% -14% -41% -52% $5,295,897 LYC Lynas Rare Earths 9.46 10% 23% 44% 57% $8,933,517,628 E25 Element 25 Ltd 0.23 10% 7% -13% -6% $51,437,790 CHN Chalice Mining Ltd 1.585 9% 40% 42% 17% $601,046,387 DLI Delta Lithium 0.185 9% -10% 9% -16% $136,142,940 NWC New World Resources 0.052 8% 73% 174% 63% $185,810,650 IPT Impact Minerals 0.0065 8% 8% -31% -60% $25,709,645 G88 Golden Mile Res Ltd 0.013 8% -7% 44% 18% $7,075,222 L1M Lightning Minerals 0.065 8% 7% -10% -6% $7,026,326 EV1 Evolutionenergy 0.014 8% 40% -42% -58% $5,077,107 TLG Talga Group Ltd 0.43 8% -9% -1% -24% $200,020,931 PSC Prospect Res Ltd 0.16 7% 14% 88% 7% $115,327,180 REC Rechargemetals 0.016 7% 7% -16% -54% $3,854,850 PGD Peregrine Gold 0.165 6% 14% 32% -20% $13,575,639 STM Sunstone Metals Ltd 0.017 6% 31% 183% 70% $103,070,554 DVP Develop Global Ltd 4.805 6% 31% 114% 115% $1,325,284,105 FBM Future Battery 0.019 6% -5% 0% -49% $13,463,221 TKM Trek Metals Ltd 0.077 5% 28% 250% 157% $45,177,660 LPM Lithium Plus 0.064 5% 7% -30% -61% $8,501,760 RAG Ragnar Metals Ltd 0.022 5% 22% 10% 29% $9,479,720 IPX Iperionx Limited 4.45 5% 39% -3% 123% $1,461,757,426 MHC Manhattan Corp Ltd 0.023 5% 5% 5% -31% $5,402,675 BC8 Black Cat Syndicate 0.8675 5% 6% 43% 234% $633,214,718 DRE Dreadnought Resources Ltd 0.0125 4% -4% 25% -40% $60,954,000 TOR Torque Met 0.13 4% 35% 160% -13% $64,854,956 IG6 Internationalgraphit 0.054 4% 6% 20% -31% $9,484,358 PFE Pantera Lithium 0.0135 4% 4% -25% -63% $6,396,080 PEK Peak Rare Earths Ltd 0.28 4% 0% 166% 56% $98,592,651 PEK Peak Rare Earths Ltd 0.28 4% 0% 166% 56% $98,592,651 GL1 Globallith 0.15 3% -9% -17% -47% $36,642,497 EMC Everest Metals Corp 0.15 3% 0% 11% 20% $33,619,688 COB Cobalt Blue Ltd 0.061 3% 9% -12% -20% $26,245,492 NTU Northern Min Ltd 0.031 3% 15% 48% -11% $267,428,986 EG1 Evergreenlithium 0.031 3% -14% -56% -39% $6,806,927 TVN Tivan Limited 0.099 3% -6% 14% 43% $217,121,138 OCN Oceanalithiumlimited 0.068 3% 106% 172% 71% $11,455,850 FRS Forrestaniaresources 0.072 3% 16% 454% 38% $22,668,137 PNN Power Minerals Ltd 0.06 3% 0% -34% -48% $7,387,039 JMS Jupiter Mines. 0.2 3% 8% 48% -33% $392,208,352 KZR Kalamazoo Resources 0.088 2% -3% 10% 6% $19,306,629 CWX Carawine Resources 0.095 2% -5% -2% -5% $22,431,918 BM8 Battery Age Minerals 0.055 2% 4% -48% -67% $6,704,050 MLX Metals X Limited 0.56 2% 4% 40% 44% $514,107,092 RNU Renascor Res Ltd 0.06 2% -24% 7% -29% $155,130,046 ARN Aldoro Resources 0.31 2% -3% 3% 370% $56,386,965 BNR Bulletin Res Ltd 0.062 2% -17% 63% 59% $18,204,026 ARU Arafura Rare Earths 0.1675 2% -7% 46% 2% $418,935,877 FTL Firetail Resources 0.08 1% 33% -2% 3% $30,782,266 RXL Rox Resources 0.2875 1% -3% 60% 113% $212,438,162 WA1 Wa1Resourcesltd 14.61 0% 9% 7% -10% $988,650,330 PVW PVW Res Ltd 0.012 0% -8% -25% -48% $2,386,857 FLG Flagship Min Ltd 0.049 0% -39% -11% -69% $10,960,159 QXR Qx Resources Limited 0.003 0% -25% -25% -63% $3,930,987 RIL Redivium Limited 0.004 0% 0% 0% 33% $13,609,422 LPD Lepidico Ltd 0.002 0% 0% 0% -33% $17,178,371 MRD Mount Ridley Mines 0.002 0% 0% -33% -80% $1,556,978 CZN Corazon Ltd 0.002 0% 0% 0% -67% $2,369,145 MAN Mandrake Res Ltd 0.019 0% 6% -14% -41% $11,917,938 RLC Reedy Lagoon Corp. 0.0015 0% 0% -25% -50% $1,165,060 STK Strickland Metals 0.135 0% 17% 59% 23% $305,418,573 CLA Celsius Resource Ltd 0.007 0% 17% -30% -36% $21,948,419 MNS Magnis Energy Tech 0.042 0% 0% 0% 0% $50,378,922 BKT Black Rock Mining 0.028 0% 0% -18% -46% $38,205,437 SBR Sabre Resources 0.009 0% 13% -10% -47% $3,550,157 ADV Ardiden Ltd 0.145 0% 0% 7% 7% $9,377,626 AAJ Aruma Resources Ltd 0.01 0% 0% -17% -38% $2,775,727 JRV Jervois Global Ltd 0.011 0% 0% -8% -39% $29,730,402 VML Vital Metals Limited 0.002 0% 0% 0% -43% $11,790,134 CHR Charger Metals 0.042 0% -16% -33% -40% $3,329,071 ALY Alchemy Resource Ltd 0.005 0% -17% -29% -38% $5,890,381 LEL Lithenergy 0.37 0% 0% 0% -4% $41,440,581 MRC Mineral Commodities 0.026 0% 0% 0% 18% $25,596,288 MOH Moho Resources 0.004 0% -43% -11% 14% $2,981,656 WKT Walkabout Resources 0.095 0% 0% 0% -17% $63,769,838 CNJ Conico Ltd 0.007 0% 0% -42% -30% $1,905,017 BOA BOA Resources Ltd 0.02 0% 5% 0% -5% $2,467,057 SLZ Sultan Resources Ltd 0.005 0% -29% -17% -50% $1,157,350 MQR Marquee Resource Ltd 0.009 0% 13% -40% -25% $5,024,723 EFE Eastern Resources 0.031 0% 15% -6% -48% $3,656,608 EMS Eastern Metals 0.01 0% 0% 0% -67% $1,394,262 FG1 Flynngold 0.033 0% 38% 18% 43% $12,913,444 GSM Golden State Mining 0.007 0% -22% -13% -26% $1,955,594 OB1 Orbminco Limited 0.001 0% 0% -40% -60% $3,197,568 LMG Latrobe Magnesium 0.009 0% -31% -57% -80% $24,952,605 KOR Korab Resources 0.008 0% 0% 0% 33% $2,936,400 CMX Chemxmaterials 0.026 0% 0% 0% -50% $3,354,580 NC1 Nicoresourceslimited 0.1 0% 33% 11% -23% $11,110,552 GRE Greentechmetals 0.043 0% -10% -41% -71% $4,485,699 CMO Cosmometalslimited 0.016 0% 0% 13% -59% $5,154,170 OMH OM Holdings Limited 0.3 0% -12% -18% -31% $222,214,472 CRR Critical Resources 0.0035 0% 0% -30% -61% $9,149,774 SCN Scorpion Minerals 0.019 0% 6% 46% 19% $9,957,068 RBX Resource B 0.025 0% -11% -31% -29% $2,879,612 AKN Auking Mining Ltd 0.008 0% 14% 60% -62% $4,598,230 RR1 Reach Resources Ltd 0.008 0% -27% 14% -53% $6,995,451 EMT Emetals Limited 0.003 0% 0% -40% -40% $2,550,000 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% $1,610,000 NWM Norwest Minerals 0.013 0% 30% -24% -39% $11,620,303 ASO Aston Minerals Ltd 0.022 0% 29% 144% 69% $28,491,414 THR Thor Energy PLC 0.01 0% 0% -17% -38% $7,107,898 ODE Odessa Minerals Ltd 0.006 0% 20% 0% 100% $9,597,195 LNR Lanthanein Resources 0.001 0% -33% -67% -71% $4,215,272 CLZ Classic Min Ltd 0.001 0% 0% 0% -67% $2,790,942 OD6 Od6Metalsltd 0.026 0% 4% -13% -47% $4,172,167 ETM Energy Transition 0.047 0% -2% 38% 88% $69,813,391 M2R Miramar 0.003 0% 0% -25% -65% $2,990,470 TAR Taruga Minerals 0.009 0% 0% -10% 29% $6,423,787 RR1 Reach Resources Ltd 0.008 0% -27% 14% -53% $6,995,451 AOA Ausmon Resorces 0.002 0% 33% 0% -33% $2,622,427 DM1 Desert Metals 0.022 0% 16% -4% 0% $9,288,018 LNR Lanthanein Resources 0.001 0% -33% -67% -71% $4,215,272 KNI Kunikolimited 0.12 0% -17% -40% -27% $10,430,912 LLM Loyal Metals Ltd 0.13 0% 53% 30% -33% $13,095,298 LLL Leolithiumlimited 0.332997 0% 0% 0% 0% $401,204,047 SRN Surefire Rescs NL 0.0015 0% -40% -55% -78% $3,729,668 SLM Solismineralsltd 0.091 0% 15% 25% -4% $11,812,221 ASR Asra Minerals Ltd 0.002 0% -20% -33% -50% $7,983,396 NIC Nickel Industries 0.7075 -1% 7% -14% -16% $3,124,753,830 VTM Victory Metals Ltd 0.815 -1% -12% 99% 196% $94,168,554 FRB Firebird Metals 0.078 -1% 4% -10% -55% $11,104,189 IDA Indiana Resources 0.076 -1% -4% 27% 74% $49,490,399 NVA Nova Minerals Ltd 0.35 -1% 8% 27% 75% $114,664,083 1AE Auroraenergymetals 0.059 -2% -24% 28% -8% $10,743,824 PTR Petratherm Ltd 0.285 -2% 0% -2% 1681% $98,500,209 ARL Ardea Resources Ltd 0.395 -2% -1% 20% -23% $84,165,166 KFM Kingfisher Mining 0.05 -2% 0% 22% -21% $2,470,890 MHK Metalhawk. 0.485 -2% 3% 73% 833% $53,522,728 CXO Core Lithium 0.089 -2% -10% 9% -1% $195,014,415 ILU Iluka Resources 3.685 -2% -10% -28% -42% $1,619,825,940 NVX Novonix Limited 0.405 -2% -27% -33% -40% $254,448,618 BUX Buxton Resources Ltd 0.038 -3% 9% -5% -48% $13,006,734 ZNC Zenith Minerals Ltd 0.038 -3% -17% -7% -45% $12,353,962 SYR Syrah Resources 0.2775 -3% -31% 54% -29% $270,983,652 SYR Syrah Resources 0.2775 -3% -31% 54% -29% $270,983,652 CTM Centaurus Metals Ltd 0.36 -3% -3% -3% -19% $178,812,437 KOB Kobaresourceslimited 0.035 -3% -16% -56% -75% $6,132,990 BMM Bayanminingandmin 0.034 -3% 17% -33% -39% $3,500,484 A8G Australasian Metals 0.067 -3% -3% -13% -12% $3,878,612 PLL Piedmont Lithium Inc 0.091 -3% -13% -41% -41% $51,110,378 WR1 Winsome Resources 0.135 -4% -18% -67% -83% $33,535,350 FGR First Graphene Ltd 0.026 -4% -33% -7% -52% $19,469,152 AXE Archer Materials 0.26 -4% 4% -33% -29% $66,260,223 WC8 Wildcat Resources 0.13 -4% -26% -35% -63% $181,516,739 LM1 Leeuwin Metals Ltd 0.13 -4% -7% 117% 141% $13,104,830 S32 South32 Limited 2.945 -4% -1% -13% -19% $13,431,657,421 DEV Devex Resources Ltd 0.075 -4% -10% -16% -77% $33,126,800 GW1 Greenwing Resources 0.025 -4% -17% -38% -39% $7,224,358 VMC Venus Metals Cor Ltd 0.115 -4% 10% 74% 51% $22,554,799 AZI Altamin Limited 0.023 -4% 0% 5% -35% $13,213,567 GED Golden Deeps 0.022 -4% 22% -12% -46% $3,896,765 ABX ABX Group Limited 0.041 -5% -9% 17% -18% $10,288,257 MEK Meeka Metals Limited 0.1525 -5% 22% 91% 362% $440,248,405 WC1 Westcobarmetals 0.02 -5% 25% 54% -48% $4,375,969 KNG Kingsland Minerals 0.08 -5% -24% -47% -57% $5,804,873 AVL Aust Vanadium Ltd 0.0095 -5% -21% -21% -37% $86,346,581 QPM QPM Energy Limited 0.037 -5% -14% -30% 12% $95,961,021 AUZ Australian Mines Ltd 0.009 -5% -10% -14% 13% $12,586,609 ARR American Rare Earths 0.26 -5% 4% -2% 8% $137,004,291 1MC Morella Corporation 0.017 -6% -6% -43% -73% $6,196,617 MLS Metals Australia 0.017 -6% -6% -19% -15% $12,388,232 DYM Dynamicmetalslimited 0.255 -6% -9% -4% 70% $12,516,506 ASN Anson Resources Ltd 0.047 -6% -15% -16% -53% $65,176,617 CY5 Cygnus Metals Ltd 0.094 -6% 31% -18% 81% $80,006,377 KM1 Kalimetalslimited 0.078 -6% -9% -35% -74% $6,462,102 GLN Galan Lithium Ltd 0.091 -6% -13% -21% -48% $91,007,948 LKE Lake Resources 0.029 -6% -15% -29% -42% $52,291,344 BHP BHP Group Limited 36.45 -7% -8% -9% -15% $187,101,073,782 AGY Argosy Minerals Ltd 0.014 -7% -26% -51% -84% $21,838,814 PNT Panthermetalsltd 0.014 -7% 8% 27% -31% $5,115,377 CDT Castle Minerals 0.083 -7% -2% 38% -57% $9,280,766 IGO IGO Limited 4.075 -7% -5% -19% -33% $3,119,943,390 HAS Hastings Tech Met 0.27 -7% -21% -16% 0% $50,993,856 HRE Heavy Rare Earths 0.037 -8% 23% 16% 47% $7,697,254 LTR Liontown Resources 0.66 -8% -19% 20% -35% $1,627,701,337 SMX Strata Minerals 0.012 -8% -14% -40% -52% $2,938,226 LRV Larvottoresources 0.59 -8% -11% 27% 490% $255,633,730 LIN Lindian Resources 0.115 -8% -4% 39% 5% $139,610,668 AZL Arizona Lithium Ltd 0.0055 -8% -39% -54% -74% $31,621,887 BSX Blackstone Ltd 0.088 -8% 19% 226% 96% $63,138,355 AQD Ausquest Limited 0.055 -8% 2% 511% 337% $76,524,445 KTA Krakatoa Resources 0.011 -8% 22% 10% -8% $6,821,474 VHM Vhmlimited 0.22 -8% -6% -53% -41% $55,785,389 AR3 Austrare 0.053 -9% -15% -47% -40% $11,447,318 EGR Ecograf Limited 0.3 -9% -9% 237% 122% $131,698,228 SRZ Stellar Resources 0.015 -9% -12% 0% -17% $33,276,009 WCN White Cliff Min Ltd 0.02 -9% -31% 18% 43% $50,681,109 PAT Patriot Resourcesltd 0.059 -9% -3% 16% 5% $9,601,347 S2R S2 Resources 0.068 -9% -25% 1% -35% $33,523,788 PLS Pilbara Min Ltd 1.29 -9% -17% -41% -60% $4,183,309,008 ASL Andean Silver 1.05 -9% 24% 14% 46% $168,300,180 QEM QEM Limited 0.038 -10% -31% 15% -71% $8,983,213 WIN WIN Metals 0.019 -10% -17% 0% -32% $10,451,104 LIT Livium Ltd 0.009 -10% -10% -47% -50% $15,214,564 RMX Red Mount Min Ltd 0.009 -10% 13% 0% -10% $4,184,620 MRR Minrex Resources Ltd 0.009 -10% 6% 13% -10% $9,763,808 IMI Infinitymining 0.009 -10% 0% -31% -67% $3,807,142 GRL Godolphin Resources 0.009 -10% 0% -40% -53% $4,039,860 EMH European Metals Hldg 0.17 -11% -24% 6% -39% $36,302,823 INR Ioneer Ltd 0.1025 -11% -24% -32% -29% $260,817,252 AXN Alliance Nickel Ltd 0.032 -11% -3% -18% -16% $23,226,868 PMT Patriotbatterymetals 0.235 -11% -6% -25% -64% $134,826,735 SUM Summitminerals 0.031 -11% -11% -76% -94% $2,745,858 RVT Richmond Vanadium 0.115 -12% -21% -48% -62% $24,097,161 MEI Meteoric Resources 0.115 -12% 5% 40% -32% $280,423,534 SYA Sayona Mining Ltd 0.015 -12% -6% -40% -57% $173,149,440 GAL Galileo Mining Ltd 0.11 -12% -12% 0% -52% $21,738,742 TMB Tambourahmetals 0.022 -12% -8% -8% -66% $3,235,981 NMT Neometals Ltd 0.073 -12% -9% 0% -27% $56,168,031 ENV Enova Mining Limited 0.007 -13% -13% 17% -53% $10,203,200 ANX Anax Metals Ltd 0.007 -13% -13% -36% -77% $6,179,653 MIN Mineral Resources. 22.47 -13% -15% -35% -63% $4,439,355,264 PGM Platina Resources 0.02 -13% -5% 5% -9% $12,463,607 NH3 Nh3Cleanenergyltd 0.031 -14% 15% 72% 182% $16,938,144 AS2 Askarimetalslimited 0.006 -14% -33% -54% -89% $2,425,024 LSR Lodestar Minerals 0.006 -14% -14% -63% -80% $1,910,543 RON Roninresourcesltd 0.165 -15% -18% 0% 32% $6,661,877 VUL Vulcan Energy 3.49 -15% -24% -41% -16% $785,035,632 CRI Criticalim 0.016 -16% -6% 33% -41% $43,159,178 PUR Pursuit Minerals 0.037 -16% -16% -66% -75% $3,740,024 CAE Cannindah Resources 0.026 -16% -41% -38% -55% $18,930,079 INF Infinity Lithium 0.015 -17% -32% -40% -71% $7,088,881 EVG Evion Group NL 0.015 -17% -17% -35% -17% $6,523,800 TON Triton Min Ltd 0.005 -17% -17% -38% -58% $7,841,944 AM7 Arcadia Minerals 0.015 -17% -25% -17% -70% $1,760,751 GT1 Greentechnology 0.02 -17% -20% -65% -73% $9,028,231 WMG Western Mines 0.145 -17% -33% 0% -58% $14,518,252 EMN Euromanganese 0.19 -17% -10% 0% -46% $12,357,768 ASM Ausstratmaterials 0.585 -18% 8% 23% -25% $112,431,223 PBL Parabellumresources 0.045 -18% 0% -13% 13% $2,803,500 BYH Bryah Resources Ltd 0.012 -20% 200% 300% 71% $10,439,442 RGL Riversgold 0.004 -20% 0% 33% -33% $7,576,707 TMX Terrain Minerals 0.002 -20% -33% -33% -43% $4,497,113 FIN FIN Resources Ltd 0.004 -20% -33% -20% -56% $2,779,554 KGD Kula Gold Limited 0.007 -22% -13% 6% -38% $6,448,776 ICL Iceni Gold 0.061 -24% 5% -8% -10% $19,876,355 LEG Legend Mining 0.006 -25% -25% -40% -54% $17,468,863 CTN Catalina Resources 0.003 -25% 50% 7% 7% $7,278,057 TEM Tempest Minerals 0.003 -25% -40% -40% -67% $3,072,310 TKL Traka Resources 0.001 -33% -33% 0% -33% $3,188,685 XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 19900% $17,528,272 ADD Adavale Resource Ltd 0.002 100% 33% 0% -60% $4,574,558 PVT Pivotal Metals Ltd 0.012 71% 71% 50% -29% $10,886,711 VR8 Vanadium Resources 0.021 62% 50% -30% -67% $11,850,129 SRL Sunrise 0.745 51% 64% 239% 91% $77,144,511 Weekly Small Cap Standouts Vanadium Resources (ASX:VR8) The company's subsidiary, Vanadium Resources (VanRes) has signed an MoU with China Precious Asia Limited (CPAL) for a magnetite ore supply agreement from its world-class Steelpoortdrift vanadium project in South Africa. VanRes will supply CPAL with an average of 100,000 metric tons of magnetite ore per month over the two-year term of the non-binding direct shipping ore agreement. VR8 says the deal is expected to unlock early revenues and operating cashflows in support of the company's staged development and funding strategy for the project. It also positions VR8 to become a near-term producer by monetising its substantial resource base (+180 years), while retaining full flexibility to scale into full development as vanadium market conditions improve. 'Through our ongoing strategic equity and offtake process, it became increasingly apparent that there is a compelling opportunity to potentially transition the company toward near-term production, even at this low point in the vanadium market cycle,' executive chairman Jurie Wessels said. 'This has been made possible by our advanced permitting status and the suite of valuable minerals within Steelpoortdrift's ore, which contains not only vanadium credits but also iron-rich magnetite. 'Based on the company's internal assessments and the volumes proposed under the MoU, we anticipate that a DSO operation at Steelpoortdrift has the potential to generate material positive operating cashflows for VR8 and its shareholders. 'While the MoU is non-binding, the level of engagement and interest from CPAL gives me confidence that a binding and value-accretive commercial agreement can be reached.' Ionic Rare Earths (ASX:IXR) This week the company announced the expanded focus of its Viridion joint venture with Viridis Mining and Minerals to potentially develop a US-based rare earth refinery. That's in addition to a proposed Brazilian based rare earth refinery and a magnet recycling facility. IXR previously completed internal scoping study for a US-based heavy REO refinery, using Ionic Technologies' separation and refining IP, which will now be updated through Viridion to fast-track initial estimates for both Brazilian and US refining capacity to facilitate stakeholder discussions. A potential US rare earth refinery would have the capacity to obtain mixed rare earth carbonate (MREC) from Viridis' Colossus project in Brazil, plus other similar ionic adsorption clay deposits to enable the flow of magnet and heavy rare earths into the US manufacturing base. 'Viridion has made substantial progress in very rapid time, with the recent delivery of Brazil's first locally sourced recycled magnet REOs, followed importantly by the announcement of financial support from the Brazilian Government,' MD Tim Harrison said. 'With the United States focused on addressing its critical shortages of domestic rare earths, Viridion is now working to examine how it could play a role in building a sovereign and sustainable US rare earth supply chain, building on our plans to facilitate Brazil's rare earths drive. 'IonicRE's international expansion strategy now encompasses the UK/Europe, Asia, South and North America, as we work with our global partners to build an ex-China rare earths supply chain.' Green Critical Minerals (ASX:GCM) GCM has completed the construction and commissioning phases of its commercial-scale Very High Density (VHD) graphite plant with first production imminent. The plant features a modular design with Module 1 now complete and operational. Line 2 of the pilot plant was designed so that it could easily be converted into the first module of a scalable, multi-module production plant – and the company has now accelerated its transition to commercial production by transforming the Line 2 Pilot Plant into the first stage of its full-scale VHD graphite plant GCM believes the completion of the production plant significantly enhances manufacturing capabilities, signalling a step forward in commercialisation of its proprietary VHD graphite technology. The VHD) graphite blocks offer superior heat transfer and dissipation compared to traditional materials like aluminium and copper, making them ideal for high performance electronics and a range of other sectors like aerospace, defence, medical and manufacturing. This material is especially important for cooling infrastructure in AI data centres, with GCM recently securing a deal with GreenSquareDC, a leading Australian data centre operator.
Yahoo
4 days ago
- Business
- Yahoo
Direct Lithium Extraction Market Report 2026-2036: DLE Emerges as Key Enabler for Sustainable Lithium Supply Amid Surging Global Demand
The global direct lithium extraction (DLE) market is revolutionizing lithium mining by addressing the limitations of traditional methods to meet surging global demand. Despite brine resources constituting 60% of lithium reserves, they only contribute 35% to production due to evaporation pond constraints. DLE offers rapid extraction, achieving 80-95% recovery rates and reducing environmental impact. Among the six DLE technologies, adsorption is leading, followed by ion exchange and emerging methods like membrane separation and electrochemical extraction. The report offers strategic insights, technological assessments, and market forecasts, highlighting DLE's potential to transform the lithium industry sustainably. Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "The Global Direct Lithium Extraction Market 2026-2036" report has been added to offering. The Global Direct Lithium Extraction Market 2026-2036 provides an exhaustive analysis of the DLE industry, delivering strategic insights into the fastest-growing segment of the lithium mining sector. With the lithium mining industry projected to grow at a compound annual growth rate (CAGR) of 9.7% through 2036, the DLE segment emerges as the standout performer, forecasted to achieve an exceptional 19.6% CAGR. This remarkable growth trajectory reflects the technology's potential to unlock previously inaccessible lithium resources while addressing critical sustainability challenges facing traditional extraction methods. The global direct lithium extraction (DLE) market represents a transformative shift in the lithium mining industry, emerging as a critical solution to bridge the gap between conventional extraction limitations and escalating global demand. As lithium consumption continues its unprecedented trajectory, fuelled by the electric vehicle revolution, renewable energy storage expansion, and the proliferation of portable electronics, DLE technologies are positioning themselves as the key enabler for sustainable lithium supply chains. The market dynamics reveal a compelling mismatch between lithium resource distribution and current production methodologies. While brine resources constitute approximately 60% of global lithium reserves, they contribute only 35% of total production, primarily due to the constraints of conventional evaporation pond methods. This disparity highlights the substantial untapped potential that DLE technologies can unlock, particularly as the industry seeks to diversify supply sources and reduce geographical concentration risks. Traditional brine extraction through evaporation ponds faces significant operational constraints, requiring 12-24 months for processing with recovery rates of only 40-60%. These limitations, combined with specific climatic and geographical requirements, have historically made brine extraction less competitive than hard rock mining. DLE fundamentally transforms this equation by enabling rapid lithium extraction with recovery rates exceeding 80-95%, while simultaneously reducing environmental footprint and expanding the range of exploitable brine resources. The DLE market encompasses six distinct technology classes, each addressing specific operational challenges and brine compositions. Adsorption DLE currently leads commercial deployment, particularly in Argentina and China, utilizing aluminum-based sorbents with water-based desorption processes. Ion exchange technologies demonstrate exceptional capability in processing lower-grade brines below 100 mg/L lithium concentration while producing highly concentrated eluates exceeding 2000 mg/L. This technology's ability to eliminate pre- and post-concentration requirements represents a significant operational advantage, though acid handling and material degradation concerns require ongoing monitoring. Emerging DLE technologies including membrane separation, electrochemical extraction, and chemical precipitation remain in various development stages, from pilot demonstrations to laboratory research. These technologies promise enhanced selectivity and reduced chemical consumption, though commercial validation remains pending. Notably, the industry acknowledges that no universal DLE solution exists, as brine composition variability necessitates tailored technological approaches for optimal performance. Despite promising fundamentals, the DLE market faces implementation challenges including technology validation, economic competitiveness with conventional methods, and the need for improved sustainability metrics. However, ongoing technological advancement, increasing commercial deployment, and growing industry expertise continue to address these challenges, positioning DLE as the cornerstone technology for meeting future lithium demand sustainably and efficiently. The report examines six distinct DLE technology classes-ion exchange, adsorption, membrane separation, electrochemical extraction, solvent extraction, and chemical precipitation-providing detailed technical assessments, commercial viability analyses, and market penetration forecasts. Each technology receives comprehensive SWOT analysis, enabling stakeholders to make informed investment decisions in this rapidly evolving landscape. Market dynamics reveal compelling opportunities as brine resources, constituting 60% of global lithium reserves but contributing only 35% of current production, present vast untapped potential. DLE technologies fundamentally transform this equation by achieving 80-95% recovery rates compared to conventional evaporation ponds' 40-60%, while reducing processing time from 12-24 months to mere hours or days. This dramatic improvement in efficiency, combined with significantly reduced environmental footprint and enhanced ESG compliance, positions DLE as the preferred solution for next-generation lithium production. Comprehensive cost analysis including CAPEX comparisons, OPEX breakdowns, and production cost benchmarking enables accurate financial modeling and investment planning. The report quantifies DLE's economic advantages, demonstrating how technological improvements are rapidly closing cost gaps with traditional methods while delivering superior operational metrics. The competitive landscape analysis profiles 67 key industry players, from established mining giants to innovative technology startups, examining their strategic positioning, technological approaches, and market penetration strategies. This intelligence enables stakeholders to identify potential partners, competitors, and acquisition targets in the dynamic DLE ecosystem. Contents include: Comprehensive lithium production and demand analysis (2020-2036) Global DLE project distribution and capacity assessments Traditional extraction method limitations and market gaps DLE technology classification and comparative analysis Market growth trajectories and investment opportunities Technology Assessment and Analysis Ion exchange technologies: resin-based systems, inorganic exchangers, hybrid approaches Adsorption technologies: physical/chemical adsorption, selective materials, ion sieves Membrane separation: pressure-assisted and potential-assisted processes Electrochemical extraction: battery-based systems, intercalation cells, flow-through designs Solvent extraction: conventional and CO2-based extraction systems Chemical precipitation: overview and implementation challenges Novel hybrid approaches combining multiple technologies Market Dynamics and Forecasting Regional market share analysis across four major geographic regions Cost analysis including CAPEX/OPEX comparisons and production economics Supply-demand dynamics and market balance projections Regulatory landscape analysis and policy impact assessment Competitive positioning and industry consolidation trends Resource Analysis and Applications Comprehensive brine resource classification and quality assessment Clay deposits and geothermal water extraction potential Resource quality matrices and extraction potential evaluation Lithium applications across battery, ceramic, and industrial sectors Sustainability comparisons and environmental impact assessments The report provides comprehensive profiles of 67 leading companies driving innovation and commercial deployment in the DLE sector Adionics Aepnus Technology Albemarle Corporation alkaLi Altillion American Battery Materials Anson Resources Arcadium Lithium Arizona Lithium BioMettallum Century Lithium CleanTech Lithium Conductive Energy Controlled Thermal Resources Cornish Lithium E3 Lithium Ltd Ekosolve ElectraLith Ellexco EnergyX Energy Sourcer Minerals Eon Minerals Eramet Evove ExSorbiton Geo40 Geolith Go2Lithium (G2L) International Battery Metals (IBAT) Jintai Lithium KMX Technologies Koch Technology Solutions (KTS) Lake Resources Lanke Lithium Lifthium Energy Lihytech Lilac Solutions Lithios LithiumBank Resources Key Topics Covered: 1 EXECUTIVE SUMMARY1.1 Market Overview1.1.1 Lithium production and demand1.2 Issues with traditional extraction methods1.3 DLE Methods1.3.1 Technology Merits, Demerits, and Costs1.4 The Direct Lithium Extraction Market1.4.1 Growth trajectory for The Direct Lithium Extraction market1.4.2 Market forecast to 20361.4.3 DLE Production Forecast by Country (ktpa LCE)1.4.4 DLE Market Size by Technology Type (2024-2036)1.4.5 Key market segments1.4.6 Short-term outlook (2024-2026)1.4.7 Medium-term forecasts (2026-2030)1.4.8 Long-term predictions (2030-2035)1.5 Market Drivers1.5.1 Electric Vehicle Growth1.5.2 Energy Storage Demand1.5.3 Government Policies1.5.4 Technological Advancements1.5.5 Sustainability Goals1.5.6 Supply Security1.6 Market Challenges1.6.1 Technical Barriers1.6.2 Economic Viability1.6.3 Scale-up Issues1.6.4 Resource Availability1.6.5 Regulatory Hurdles1.6.6 Competition1.7 Commercial activity1.7.1 Market map1.7.2 Global lithium extraction projects1.7.3 DLE Projects1.7.4 Business models1.7.5 Investments 2 INTRODUCTION2.1 Applications of lithium2.2 Lithium brine deposits2.3 Definition and Working Principles2.3.1 Basic concepts and mechanisms2.3.2 Process chemistry2.3.3 Technology evolution2.4 Types of DLE Technologies2.4.1 Brine Resources2.4.2 Hard Rock Resources2.4.3 Sediment-hosted deposits2.4.4 Ion Exchange2.4.5 Adsorption2.4.6 Membrane Separation2.4.7 Solvent Extraction2.4.8 Electrochemical extraction2.4.9 Chemical precipitation2.4.10 Novel hybrid approaches2.5 Advantages Over Traditional Extraction2.5.1 Recovery rates2.5.2 Environmental impact2.5.3 Processing time2.5.4 Product purity2.6 Comparison of DLE Technologies2.7 Prices2.8 Environmental Impact and Sustainability2.9 Energy Requirements2.10 Water Usage2.11 Recovery Rates2.12 Scalability2.13 Resource Analysis2.13.1 Brine Resources2.13.2 Clay Deposits2.13.3 Geothermal Waters2.13.4 Resource Quality Assessment2.13.5 Extraction Potential 3 GLOBAL MARKET ANALYSIS3.1 Market Size and Growth3.2 Regional Market Share3.2.1 North America3.2.2 South America3.2.3 Asia Pacific3.2.4 Europe3.3 Cost Analysis3.3.1 CAPEX comparison3.3.2 OPEX breakdown3.3.3 Cost Per Ton Analysis3.4 Supply-Demand Dynamics3.4.1 Current supply3.4.2 Demand projections3.5 Regulations3.6 Competitive Landscape 4 COMPANY PROFILES (67 company profiles) 5 APPENDICES5.1 Glossary of Terms5.2 List of Abbreviations5.3 Research Methodology 6 REFERENCES For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
International Battery Metals to Showcase Commercial DLE Success at Conferences and Exhibitions in June 2025
VANCOUVER, BC and PLANO, TX, June 12, 2025 /CNW/ - International Battery Metals Ltd. ("IBAT" or the "Company") (TSXV: IBAT) is proud to announce its participation as a featured industry leader at both the Direct Lithium Extraction USA Conference and Exhibition 2025, taking place June 16–17 in Houston, Texas, as well as the Fastmarkets 17th Lithium Supply & Battery Raw Materials Conference, taking place June 23-26 in Las Vegas, Nevada. As part of the Houston conference program, IBAT Chief Executive Officer Joe Mills will deliver a keynote presentation on Monday, June 16, at 11:30 a.m. Central Time. His talk will spotlight IBAT's significant achievement as the first company to produce lithium chloride at commercial scale in North America using a modular, chemical-free Direct Lithium Extraction (DLE) technology. IBAT's participation underscores the company's role in advancing next-generation lithium supply solutions to meet the surging global demand driven by electric vehicles, grid storage, and energy transition targets. At the Las Vegas conference, IBAT's CEO Joe Mills and CTO Dr. John Burba will take the stage to highlight the company's commercial-scale success and technology leadership in modular, chemical-free Direct Lithium Extraction (DLE). On Tuesday, June 24 at 10:30 a.m. PT, Chief Executive Officer Joe Mills will deliver a keynote presentation titled "Commercial DLE in Action: Thriving Through Market Volatility." He will share insights into the operational success of IBAT's first-of-its-kind commercial DLE plant, built for performance, resilience, and environmental sustainability. On Wednesday, June 25 at 4:40 p.m. PT, Dr. John Burba, IBAT's Founder and Chief Technology Officer, will speak on the panel "DLE: Scaling Up for the Future." The discussion will focus on the critical requirements for rapidly deploying next-generation DLE technologies at global scale, informed by decades of industry-leading innovation and field-tested performance. "As the lithium sector evolves, the need for scalable, environmentally responsible technologies has never been more urgent," said Joe Mills, CEO of IBAT. "IBAT is not just part of the conversation, we are demonstrating real-world results at commercial scale. We look forward to sharing our story in Las Vegas." IBAT's proprietary modular platform achieves up to 95% lithium recovery, 99.9% purity, and 99% water recycling, all while operating without chemical additives. The company's field-validated solution is designed for agility, enabling rapid deployment and meaningful impact in both established and emerging lithium markets. Attendees of the Fastmarkets Conference are encouraged to join both sessions and connect with IBAT leadership during the event to explore partnership opportunities and technology applications. View original content to download multimedia: SOURCE International Battery Metals Ltd. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
12-06-2025
- Business
- Cision Canada
International Battery Metals to Showcase Commercial DLE Success at Conferences and Exhibitions in June 2025
VANCOUVER, BC and PLANO, TX, June 12, 2025 /CNW/ - International Battery Metals Ltd. (" IBAT" or the " Company") (TSXV: IBAT) is proud to announce its participation as a featured industry leader at both the Direct Lithium Extraction USA Conference and Exhibition 2025, taking place June 16–17 in Houston, Texas, as well as the Fastmarkets 17th Lithium Supply & Battery Raw Materials Conference, taking place June 23-26 in Las Vegas, Nevada. As part of the Houston conference program, IBAT Chief Executive Officer Joe Mills will deliver a keynote presentation on Monday, June 16, at 11:30 a.m. Central Time. His talk will spotlight IBAT's significant achievement as the first company to produce lithium chloride at commercial scale in North America using a modular, chemical-free Direct Lithium Extraction (DLE) technology. IBAT's participation underscores the company's role in advancing next-generation lithium supply solutions to meet the surging global demand driven by electric vehicles, grid storage, and energy transition targets. At the Las Vegas conference, IBAT's CEO Joe Mills and CTO Dr. John Burba will take the stage to highlight the company's commercial-scale success and technology leadership in modular, chemical-free Direct Lithium Extraction (DLE). On Tuesday, June 24 at 10:30 a.m. PT, Chief Executive Officer Joe Mills will deliver a keynote presentation titled "Commercial DLE in Action: Thriving Through Market Volatility." He will share insights into the operational success of IBAT's first-of-its-kind commercial DLE plant, built for performance, resilience, and environmental sustainability. On Wednesday, June 25 at 4:40 p.m. PT, Dr. John Burba, IBAT's Founder and Chief Technology Officer, will speak on the panel "DLE: Scaling Up for the Future." The discussion will focus on the critical requirements for rapidly deploying next-generation DLE technologies at global scale, informed by decades of industry-leading innovation and field-tested performance. "As the lithium sector evolves, the need for scalable, environmentally responsible technologies has never been more urgent," said Joe Mills, CEO of IBAT. "IBAT is not just part of the conversation, we are demonstrating real-world results at commercial scale. We look forward to sharing our story in Las Vegas." IBAT's proprietary modular platform achieves up to 95% lithium recovery, 99.9% purity, and 99% water recycling, all while operating without chemical additives. The company's field-validated solution is designed for agility, enabling rapid deployment and meaningful impact in both established and emerging lithium markets. Attendees of the Fastmarkets Conference are encouraged to join both sessions and connect with IBAT leadership during the event to explore partnership opportunities and technology applications. SOURCE International Battery Metals Ltd.
Business Wire
12-06-2025
- Business
- Business Wire
Arverne Group: First Geothermal Drilling for Lithium de France
PAU, France--(BUSINESS WIRE)--Regulatory News: 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.' Next event: June 18, 2025, Combined General Meeting About Arverne Group Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium. Founded in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations). A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN).
