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Infinity Lithium’s processing studies to ‘open doors’ for project financing

Ryan Parkin, managing director & CEO of Infinity Lithium Ltd (ASX:INF), speaks to Proactive Investors about development of the company’s San Jose Lithium Project in Spain.

Parkin details the lithium hydroxide scoping study that Infinity recently completed as a potential downstream processing upside to its existing 1.6 million tonne lithium carbonate equivalent resource.

“We’re working from an open pit with a very low strip ratio towards a downstream processing opportunity that adjoins the resource area,” Parkin says.

Parkin continues, “our first goal is to complete our feasibility study, and we’re running that in conjunction with our recently announced lithium hydroxide scoping study … from there it really starts to open some doors in terms of addressing our project financing.”

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.09 AUD

ASX:INF
Market: ASX
Market Cap: $25.35 m
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Infinity Lithium agrees European funding deal for San José project

Infinity Lithium Corporation Ltd's (ASX:INF) Vincent Ledoux Pedailles speaks to Proactive London's Andrew Scott following the news they've signed an MoU for a multi-staged investment and assistance package with European Union’s (EU) EIT InnoEnergy. The initial part of the package is an...

on 25/3/20

2 min read