sur ARVERNE GROUP S.A. (isin : FR001400JWR8)
Europe Endorses Arverne's Lithium de France as Strategic Project
On October 9, 2026, Arverne Group, a prominent French provider of geothermal solutions, announced that the European Commission has recognized the Lithium de France project as a Strategic Project under the Critical Raw Materials Act (CRMA). This endorsement highlights its significance to Europe's industrial and energy independence.
The CRMA establishes objectives for 2030, including sourcing 10% of strategic raw materials within Europe and processing 40% locally. Arverne's involvement is essential to advancing a sustainable European battery value chain.
This recognition elevates the project's profile, attracting investors and opening access to European funding. The initiative combines local geothermal heat and lithium production in Alsace to enhance European industrial sovereignty while maintaining environmental standards.
Arverne's CEO, Pierre Brossollet, emphasizes the project's role in Europe's energy transition, targeting an annual production of 27,000 tonnes of lithium and 2 TWh of renewable heat over 30 years.
R. H.
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