Infinity Lithium Corporation Ltd (ASX:INF) has completed its project agreement with EIT InnoEnergy and Dorfner Anzaplan, successfully producing battery-grade lithium hydroxide and carbonate in test work for its San José Lithium Project in Spain.
Infinity has now issued 1,921,341 zero exercise price warrants to EIT InnoEnergy, the final issue of securities under this agreement.
The tranche 3 payment by EIT InnoEnergy to Dorfner Anzaplan totalling A$215,831 (€147,230) has also been finalised because of the completed test work.
Infinity’s relationship with InnoEnergy is ongoing, having expanded into other lithium-related aspects of the battery chain.
INF’s wholly-owned Spanish subsidiary Extremadura New Energies has now officially launched the Extremadura New Energies Academy, which in collaboration with EIT InnoEnergy, will provide the training courses of the European Battery Alliance Academy.
“Long-term commitment to training”
Extremadura New Energies CEO Ramón Jiménez recognised the critical importance of the Extremadura New Energies Academy to lead the development of key skills and education for personnel that will be needed in Cáceres for the project and other lithium-ion battery-related opportunities.
"We are going to need qualified personnel and our objective has always been that, as far as possible, this employment should have an impact on the people of Cáceres,” Jiménez said.
“This is a long-term commitment to training which will be intensified in the coming years in the framework of the collaboration between Extremadura New Energies and EIT InnoEnergy.
“With a focus on localised value chains, we can see an opportunity for Cáceres to be a focal point of a reskilled and focused workforce aligned to energy transition and more specifically the lithium-ion battery value chain.”
InnoEnergy has been designated as the manager and lead company for the European Commission’s industrial development program (EBA250).
Through their partnership, Extremadura New Energies will be a priority partner in the distribution, promotion and delivery of EIT InnoEnergy courses through the European Battery Academy, which offers courses that cover a wide variety of topics related to technology, business and innovation in the battery and hydrogen sector.