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Infinity Lithium’s scoping study highlights low-cost advantages of San Jose Lithium Project

Infinity Lithium Corporation Ltd (ASX:INF) managing director & CEO Ryan Parkin updates Proactive Investors on the lithium developer’s completed scoping study into the production of battery-grade lithium hydroxide at its San Jose Lithium Project in Spain.

“[The study has] been a response to the evolving battery chemicals market and more specifically the movement towards high-nickel content, greater energy range and greater energy-density cathodes,” Parkin says.

He continues, “We’ve had a great result with our scoping study – an NPV (net present value) in excess of US$715 million and an IRR (internal rate of return) of 51%.

“It’s a long-life, robust and exciting project for us there in Europe.”

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.056 AUD

ASX:INF
Market: ASX
Market Cap: $11.96 m
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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