CGG Advances on Geother mal Resources R&D

CGG Advances on Geothermal Resources R&D

CGG MINING, A GLOBAL GEOSCIENCE TECHNOLOGY BUSINESS, HAS ANNOUNCED THE PUBLICATION OF A NEW GEOVERSETM LITHIUM BRINE SCREENING STUDY TO AID IN THE HUNT FOR NEW SOURCES OF THIS ESSENTIAL ENERGY TRANSITION ELEMENT.

The worldwide research, which is supported by industry financing and is available for licensing, provides a data-rich screening tool to help explorers, operators, investors, and extraction technology firms find, analyze, and compare lithium brine potential. “Our Lithium Brine Screening study is the latest module in our exciting new suite of GeoVerse products in our Earth Data Library designed to support the energy transition. CGG is continuing to focus its geoscience data, know-how and data science expertise on addressing the challenges in the fields of geothermal energy, critical mineral exploration and carbon and energy storage,” CGG EVP Dechun Lin said.

The Lithium Brine Screening research and related primary data are given via the GeoVerse platform, using CGG’s unique Earth Data Library and vast knowledge in geothermal and mineral systems. CGG’s Minerals & Mining experts created a proprietary methodology to evaluate over 250,000 data points and 27,000 lithium measurements in order to create a comprehensive and consistent water chemistry database, supplemented by key engineering and geochemical characteristics, to help inform project development and investment decisions.

Data from the predicted supply vs expected demand (both till 2030) show that lithium is a critical raw element for electric vehicles and energy storage systems, but the lack of investment in new supply in past years may result in a structural deficit throughout this decade. Inadequate lithium supply might slow the energy shift.

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