Infinity Lithium releases 3D video showcasing sustainable San José Lithium Project
San José is a sustainable project that offers opportunities for the strategic development of a fully integrated supply chain for electric vehicles in Europe.
Company
ASX:INF
Infinity is an ASX listed metals company with assets in Australia and Europe. The company has been focused on a diversification strategy to manage commodity cycles and drive value.
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San José is a sustainable project that offers opportunities for the strategic development of a fully integrated supply chain for electric vehicles in Europe.
The agreement with EU-backed EIT InnoEnergy is fully aligned with the work that the European Battery Alliance is doing to develop a fully integrated supply chain.
“If we want to have a good traceability and know about the sustainability of the product we have to extract and process it here,” said EC vice-president Maroš Šefčovič.
Europe is working towards reducing its reliance on outside sources to feed its growing electric vehicle and green energy intentions.
The company recently received a strong response to its placement to raise $930,000 from sophisticated investors advancing its overarching European lithium supply strategy.
The Spanish project is expected to support a self-contained battery industry which is being developed in Europe.
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Infinity’s San José Lithium Project in Spain has exceptional estimated project economics of 30 years lithium hydroxide production utilising the EU’s second-largest hard rock lithium JORC resource.
The company recently finalised a sale agreement to sell non-core assets providing clarity on the development of the San José Lithium Project in Spain.
Finalisation of the agreement provides clarity on the company’s focus on the development of the San José Lithium Project in Spain.
A sale agreement for potash assets in Gabon sees the company streamline activities to fully focus on the San José Lithium Project in Spain.
Funding opportunities are being pursued within the EU through InnoEnergy, the European Battery Alliance and the European Commission.
Infinity is focused on supporting Europe’s determination to develop a self-contained lithium-ion battery supply chain.
The company is aligned to multiple funding opportunities available through InnoEnergy, the European Battery Alliance and the European Commission.
Europe is intent on sourcing critical raw materials to power the new EU and step away from fossil fuel reliance.
Infinity is the leader of a group of EU lithium-ion battery supply chain participants that have formed the European Battery Alliance (EBA).
The San Jose Lithium Project will benefit from Benjumea’s experience in the industrial field of renewable energy with an extensive and successful track record in bringing large-scale focused projects to fruition.
The public speech was given at the European Battery Alliance (EBA) meeting in Brussels.
Ryan Parkin and Adrian Byass have been issued their placement shares worth a total of $80,000.
Director Vincent Ledoux-Pedailles has been invited to participate in numerous advisory boards, panels and conferences in Europe throughout September.