Brief: Agreement Between Electricite De Strasbourg, Eramet On Future Partnership To Extract Lithium

Electricite de Strasbourg SA

26/01/2023 06:23

Jan 26 (Reuters) - Electricite de Strasbourg SA
 EDSP.PA :
    * AGREEMENT BETWEEN ÉS AND ERAMET ON THE MAIN TERMS OF A
FUTURE
PARTNERSHIP TO EXTRACT LITHIUM FROM THE GEOTHERMAL RESOURCE
    * PARTNERSHIP AGREEMENT IS EXPECTED TO BE CONCLUDED IN THE
FIRST
HALF OF 2023
    * ENVISAGED PRODUCTION TO DATE IS ABOUT 10,000 TONNES OF
LITHIUM
CARBONATE, CORRESPONDING TO THE NEEDS OF ABOUT 250,000 ELECTRIC
CAR BATTERIES PER YEAR
    * IF AN INVESTMENT DECISION IS MADE AND NECESSARY
ADMINISTRATIVE
AUTHORISATIONS ARE OBTAINED,  OBJECTIVE IS TO START PRODUCTION
BEFORE END OF DECADE

Source text: https://bit.ly/3H9o26f
Further company coverage:  EDSP.PA 
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