Lithium Harvest to Develop Geothermal Power and Lithium Project in Alberta
Lithium Harvest Holding A/S has signed a letter of intent to form a joint venture for an integrated geothermal power and lithium production facility in Alberta, Canada. The project targets significant annual electricity and lithium carbonate output.
Cision News: Aalborg, Denmark – October 13, 2026 – Lithium Harvest Holding A/S has signed a letter of intent (LOI) with a geothermal development partner to establish a joint venture. This collaboration aims to develop an integrated geothermal power generation and lithium production facility located in Alberta, Canada.
Once fully operational, the planned facility is projected to generate approximately 0.67 terawatt-hours (TWh) of electricity annually. Additionally, its target production capacity for lithium carbonate is set at 28,500 tonnes per year. The company anticipates initiating its first production by 2028.
The initiative seeks to harness Alberta's geothermal resources for renewable energy generation while simultaneously producing a critical material for the battery sector. The joint venture structure is intended to facilitate the use of geothermal heat for the lithium extraction process.
Further details regarding the project's specific scope and the identity of the development partner are expected to be disclosed at a later date. The company has not yet released information on the total investment or a more granular timeline for development milestones.