popular articles

In the Lithium Race, France Plans One of the Largest Mines in Europe by 2027

One of Europe's largest lithium mines should enable cars to wean themselves off CO2-emitting oil.

Please share:

One of Europe’s largest lithium mines – a white powder that is intoxicating the electric battery industry and should enable cars to wean themselves off CO2-emitting oil – will be built by 2027 in the Massif Central in France.

The “Emili” project, announced Monday morning by French industrial minerals group Imerys, will help Europe move away from its near-complete dependence on China for the lithium needed for the batteries in electric cars, which are supposed to be the only new vehicles that can be sold in the European Union from 2035.

It took 18 months of drilling and studies carried out by mining specialists in the subsoil of a kaolin quarry owned by the group since 2005 in Beauvoir in the Allier region (center), to confirm the economic interest of the mine.

With the exploitation of this deposit, “we will help Europe to decarbonize”, Alessandro Dazza, CEO of Imerys, told the press on Monday, as he was to receive local elected officials on site.

“This project, which is exemplary in environmental and climate terms, will drastically reduce our need to import lithium,” French Economy Minister Bruno Le Maire praised in the group’s statement. He adds that he will be supported by the French government.

– “One million tons” –

Of the ten or so European lithium projects, Imerys’ is the second largest, after Rio Tinto abandoned its project in Serbia in January, and behind that of start-up Vulcan in Germany, based on the exploitation of brine from the Rhine Valley.

The “concentrations and quantities” of lithium were considered “very attractive” in Beauvoir, which has been home to a quarry producing 30,000 tons of kaolin per year for porcelain and tiles since 1850.

Since the 1960s, the Bureau de Recherches Géologiques et Minières (BRGM) had identified the presence of lithium in the subsoil. But Imerys did not know until recently what the content was and therefore whether the site could be profitable.

“We estimate the deposit to be around one million tons of lithium oxide,” Dazza said. This is “much more than what BRGM thought” initially (320,000 tons).

This will produce “34,000 tons of lithium hydroxide per year from 2028 for at least 25 years”, and “equip the equivalent of 700,000 electric vehicles with lithium-ion batteries” per year, according to Imerys.

This is far from negligible: current global production of lithium carbonate or hydroxide, the two elements used in batteries, does not exceed 450,000 tons worldwide, according to Imerys. And by 2040, the International Energy Agency (IEA) predicts that it will be multiplied by 40.

At Beauvoir, “there could be more than we have estimated, we will continue the studies to see if we could have 30 or 35 years of operation,” Dazza added.

The concentration is in the order of 0.9 to 1%, i.e. it takes nearly 100 tons of rock to extract one ton of lithium.

The group estimates its production costs “between 7 and 9 euros per kilo excluding initial investment, which would guarantee “an interesting return on investment”. And it promises 1,000 direct and indirect jobs in Auvergne-Rhône-Alpes, on two sites: the underground mine for extracting the mica containing the lithium, at a depth of between 75 and 350 meters; and a plant for purifying the minerals and transforming them into lithium hydroxide, less than 100 kilometers from the mine.

– Environmental impact –

There are still the likely environmental criticisms against this new mining project in the heart of France.

Imerys announced that the mine would adopt an international standard under development, “IRMA”, which aims to reduce toxic discharges and minimize water consumption.

Mining will be done underground, which will minimize dust, and the rock will be transported by pipeline and railroad to avoid trucks between the mine and the industrial site. As for the emissions generated by the exploitation, the group estimates them at 8kg of C02 per ton of lithium, against 16 to 20kg in Australia and China, according to him.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Maurel & Prom confirmed that US authorities cancelled its operating licence in Venezuela, while allowing it to finalise operations until 27 May.
Estonian state-owned energy group Eesti Energia plans to acquire all shares in its subsidiary Enefit Green in a voluntary takeover bid worth over €200mn, set to begin on April 8.
Estonian state-owned energy group Eesti Energia plans to acquire all shares in its subsidiary Enefit Green in a voluntary takeover bid worth over €200mn, set to begin on April 8.
Orano's French hydrometallurgy project has been designated as strategic by the European Commission under the Critical Raw Materials Act, aimed at securing the supply of critical raw materials.
Orano's French hydrometallurgy project has been designated as strategic by the European Commission under the Critical Raw Materials Act, aimed at securing the supply of critical raw materials.
TotalEnergies reported a 2.9% drop in emissions for 2024, reaffirming its climate strategy ahead of a key general meeting.
TotalEnergies reported a 2.9% drop in emissions for 2024, reaffirming its climate strategy ahead of a key general meeting.
Shell Global Solutions International B.V. has awarded McDermott a three-year framework agreement for engineering, procurement and project management services across several strategic markets.
Australian company Earth AI confirms six new mineral prospects, including cobalt and tungsten, discovered through its predictive exploration software based on artificial intelligence.
Australian company Earth AI confirms six new mineral prospects, including cobalt and tungsten, discovered through its predictive exploration software based on artificial intelligence.
Nexans is expanding its industrial capacity near Noyelles-Godault to recycle more copper, as global demand outpaces primary mining production.
Nexans is expanding its industrial capacity near Noyelles-Godault to recycle more copper, as global demand outpaces primary mining production.
Naturgy secures shareholder approval to buy back 10% of its shares to increase free float and boost market visibility.
Naturgy secures shareholder approval to buy back 10% of its shares to increase free float and boost market visibility.
Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
US data centre capacity surpassed 92 GW by the end of 2024, with a significant rise in investments and larger projects, driven by the increasing demand for artificial intelligence (AI).
Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.

Advertising