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Geothermal Lithium Project

  • ENEL has operated geothermal power plants in Italy since 1911

  • Lazio project area is in Cesano geothermal field, a well understood “Caldera” geological setting with underlying deep reservoir

  • Geologically de-risked due to ENEL’s extensive exploration drilling in the 1970s/1980s

  • Invested value: geophysics, 16x deep wells data and pilot plant trials

  • Geothermal fluid reservoir defined by drilling: 150-200°C at 1500m depth

  • Positive reservoir assessment in 2023 by STEAM (ex. ENEL project engineers) reported elevated levels of lithium, potassium & boron within the brines

  • Project area consists of 6 exploration licences covering 11,086 hectares containing historical wells


Maiden Mineral Resource (April 2024)


Lazio Brine MRE by classification

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Location of the Exploration Licences and Geothermal Wells
(Source: Altamin)

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Plan View of the Temperature Areas at Top of Reservoir and the Wells (Source: STEAM/Altamin)

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Mineral Resource Classification Plan View (Source: Altamin)

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