

John Worth - CEO and Managing Director
johnw@geo40.com
+64 21 800 310
Mike O’Sullivan - Founder and COO
mikeo@geo40.com
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News
Successful capital raise and key new investors join the company, lithium work advances.
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Climeon and Landsvirkjun, the national power company of Iceland, have signed a Letter of Intent, initiating a cooperation. The purpose of the cooperation is to evaluate a solution combining mineral extraction with Climeon's technology for electricity production.
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Climeon collaborates with New Zealand-based geothermal minerals firm Geo40 to capture valuable minerals and increase the geothermal electricity production in a heat power bottoming cycle plant at existing geothermal plant in New Zealand.
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Taupo-based Geo40 confirmed in November '19 that it is successfully extracting near battery-grade lithium from a geothermal fluid near Taupo.
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A geothermal power waste product that is similar to limescale can be used to decontaminate engine exhaust fumes, university chemists have discovered.
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The first soil has been turned to mark the beginning of construction of a world-first commercial-scale plant to extract valuable minerals from geothermal fluid.
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Provincial Growth Fund (PGF) support for a high-tech venture to extract minerals from geothermal fluid will help commercialise a world-first in ‘green mining’.
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In a world-leading sustainable energy partnership, Geo40 in co-operation with Contact Energy and the Ngati Tahu Tribal Lands Trust, is this month set to start commercially extracting silica from geothermal fluid.
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Geo40 use its technology to commercially extract silica from geothermal fluid used at Contact Energy’s Ohaaki power station.