logo-loader
viewInfinity Lithium Corporation Ltd

Infinity Lithium Corporation chairman picks up more shares on market

The company holds a 75% interest in the joint venture which owns the flagship San Jose Lithium Project in Spain.

markets concept
The updated PFS underway is evaluating production of lithium hydroxide from San Jose

Infinity Lithium Corporation Ltd (ASX:INF) chairman Kevin Tomlinson has purchased an additional 110,000 shares through on-market trades.

The purchase amounted to $9,250 and increases his stake to 276,667 shares in the company.

The company is developing its flagship San Jose Lithium Project in Spain where it is investigating the viability of producing lithium hydroxide.

READ: Infinity Lithium Corporation sees increasing support for lithium projects in EU

Following on from the successful scoping study for lithium hydroxide on 29 November 2018, Infinity engaged Wave International to manage a pre-feasibility study (PFS).

The PFS is evaluating the production of battery-grade lithium in an integrated processing facility at San Jose by Infinity on behalf of the joint venture company.

Test work underpinning the PFS is focused on processing and evaluating whether mined ore can be transformed into high-value lithium hydroxide.

San José is proposed as an integrated industrial processing facility to produce lithium chemicals for lithium-ion batteries which are essential to support the EU’s burgeoning electric vehicle industry.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.061 AUD

ASX:INF
Market: ASX
Market Cap: $12.91 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Infinity Lithium Corporation Ltd named herein, including the promotion by the Company of Infinity Lithium Corporation Ltd in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: PFS values Infinity Lithium's flagship San José project at...

Infinity Lithium Corporation Ltd's (ASX:INF) executive director of corporate strategy Vincent Ledoux Pedailles chats to Proactive London's Andrew Scott following the publication of a PFS (pre-feasibility study) for the development of its flagship San José lithium project in Spain. The study...

on 22/8/19

2 min read