Lazio Project
📍 Location: Lazio Region, Italy.
⛏ Commodities: Sulphate of Potash, Lithium, Boron
⚒ Project Type: Geothermal brine deposit with historical exploration data available.
📜 Ownership: 100% Altamin Limited (via 100% interest in Energia Minerals Italia Srl ‘EMI’)
Overview
The Lazio Project is located within the Cesano geothermal field, a well-understood caldera geological setting with a deep geothermal reservoir. Geothermal energy development in Italy has a long history, with ENEL operating geothermal power plants since 1911. Extensive exploration by ENEL in the 1970s and 1980s has geologically de-risked the area, with significant investments in geophysics, deep drilling (16 wells), and pilot plant trials. Drilling has confirmed a geothermal fluid reservoir at 150–200°C at a depth of 1,500m.
In 2023, a reservoir assessment by STEAM (former ENEL project engineers) identified elevated levels of lithium, potassium, and boron within the brines, highlighting additional resource potential. The project area spans 6 exploration licences covering 11,086 hectares, incorporating historical well data that provides a strong foundation for future development.
Objectives
The Lazio Project is the Company's flagship asset and primary area of focus, representing a high-potential source of potassium, lithium, and boron in Italy. A comprehensive internal business plan has been developed, outlining a clear and structured development pathway to advance the project.
The Company is actively progressing key workstreams, test work, and technical studies, ensuring that all aspects of the project align with best practices in sustainability, efficiency, and resource management. These efforts are aimed at de-risking the project and paving the way for a Final Investment Decision (FID) and project construction.
Our Aspirations for the Lazio Project
Develop an ethical and transparent supply chain - for sulphate of potash and critical minerals, ensuring responsible extraction and fair industry practices.
Produce sustainably and efficiently - utilising geothermal energy and innovative technologies to minimise environmental impacts.
Strengthen Italy’s domestic supply - of potassium for agriculture, lithium for energy storage, and boron for industrial applications, reducing reliance on imports.
Create value for society and stakeholders - fostering economic growth, local employment, and long-term benefits for surrounding communities.
Support global sustainability goals - aligning with the United Nations Sustainable Development Goals (SDGs) and domestic critical metals initiatives.
Shape a better future - by delivering resources essential for renewable energy, sustainable agriculture, and modern industries in a way that respects both people and the planet.
