NEWS COMMENTARY

Geothermal lithium extraction in the Upper Rhine Valley gains steam, but questions remain about impact

Published:
July 07, 2020
Coverage:
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by Benjamin Torda and Chloe Herrera
Low importance

We've highlighted that the lithium industry faces a looming battery-grade lithium supply shortage, and the interesting, if limited, potential of geothermal extraction techniques and developers. Recently, European players like Vulcan Energy Resources and ÉS Géothermie have looked to the Upper Rhine region for demonstration projects for drilling, extraction, and lithium chloride production. The major draw in geothermal lithium extraction is the availability of energy and the convenience of water already being pumped for power production. Clients should realize that while the economics may not yet pencil out, unconventional projects will likely find support due to domestic lithium extraction pushes.

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