Infinity Lithium Ltd (ASX:INF) has released a 3D video showing reproductions of what the sustainable San Jose Valdeflórez Lithium Project in Cáceres, Spain, will look like.
The video, which lasts for about two minutes, showcases how the project is designed to guarantee the protection of the city’s ecosystem with the responsible use of water and health protection initiatives.
This digital recreation shows details of the mining area, the industrial plant and the tailings as well as the continuous rehabilitation of the site.
Europe's second-largest lithium deposit
San José Valdeflórez, which is the second-largest lithium deposit in the European Union, is set to put Cáceres on the map of the electric vehicle (EV) sector.
INF is working to develop a sustainable project that offers opportunities for the strategic development of a fully integrated supply chain for EVs in Europe
The video states Cáceres has the opportunity to set an example globally with a technology that is already changing the world – electric mobility.
Lithium supply strategy
Infinity recently strengthened its European lithium supply strategy by executing binding agreements for a multi-staged funding and added services assistance package with European Union-based innovation initiative KIC InnoEnergy SE.
Shares doubled to A$0.14 on June 14 following the news which sees the San José project become the first lithium project to secure European funding from EIT InnoEnergy, a recently launched platform created by the European Battery Alliance (EBA).
Today shares have traded as much as 12% higher to 9 cents.