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France Takes Minority Stake in Imerys' Allier Lithium Project With €50 Million Investment

The funding supports the definitive feasibility study due in early 2027 ahead of any final investment decision.

Overview

  • The stake, executed via Banque des Territoires, is expected to be around 30% and to be finalized in the coming months, according to the Economy Ministry.
  • The €50 million is earmarked to complete the definitive feasibility study, which Imerys says is required before any go‑ahead for construction.
  • Imerys targets a 2030 start for the Beauvoir mine in central France.
  • Imerys presents the deposit as capable of supplying lithium for about 700,000 electric vehicles per year.
  • The company remains open to additional financial partners and says majority ownership is not necessary, while the project faces environmental scrutiny even as its 2024 'major national interest' status accelerates permitting and allows species‑protection derogations.