Overview

• Geological reappraisal confirms Beauvoir holds 373 million tonnes at 1 % Li₂O with a high-grade core of 69 million tonnes at 1.22 % Li₂O
• A pre-feasibility study validates robust project fundamentals and estimates annual output of 34,000 tonnes of lithium hydroxide
• Lithium prices have fallen below 10 euros per kilo, prompting Imerys to defer production from 2028 to 2030
• The deposit’s scale now supports a 50-year operating life and ranks Beauvoir among the world’s top five hard-rock lithium sites
• Imerys expects pilot-plant authorization by the end of Q3 and is accelerating its search for an industrial partner