News Articles for Infinity Metals

Infinity Lithium is sticking with the mantra of “buy local” with the signing of an MoU with Spanish industrial group Ercros for the future supply of reagents required to produce lithium chemicals at its San Jose project in Spain. Ercros' existing network of caustic soda tanks makes it ideally suited to help meet Infinity's goal of controlling its carbon footprint throughout the entire lithium chemical production process.

Infinity Lithium said that recent metallurgical test work studies completed on its San Jose lithium project in Spain have produced positive results and replicated the ore upgrades it achieved in 2018's Scoping Study. In March, the company increased its ownership in San Jose to 75% and is now accelerating its PFS works for the project, which is on track for completion in June or July this year.

Infinity Lithium is now better positioned to attract investment for its integrated San Jose mine and lithium hydroxide refining project in western Spain after increasing its ownership to 75% by paying AUD$1.6m to JV partner Valoriza Mineria over 14 months. Valoriza will retain its contractor rights to develop the project, ensuring that the partners remain aligned on their goals and focus on moving the venture forward.

Europe's shift from a reliance on fossil fuels has resulted in a corresponding increase in its sustainability and carbon footprint requirements. This has brought into focus the need for a strategic local supply chain for the manufacture of lithium-ion batteries in its expanding EV market. Infinity Lithium's Spanish San Jose project, where the company aims to mine, process and refine lithium chemicals, could potentially benefit from these changing obligations.

European interest in lithium chemicals could benefit Infinity Lithium and its planned San Jose project, which aims to mine and refine lithium hydroxide for the European market. This includes the active support from the European Investment Bank for European lithium raw materials and refining projects to strengthen the strategic position of the European Union's lithium-ion battery and electric vehicle sectors.

Infinity Lithium says its proposed AUD$395m Spanish lithium project could potentially churn out AUD$172m a year before tax in annual operating free cash flows for at least 24 years. The lovely set of numbers were contained in the company's lower level scoping study announced to the market this week that details the preliminary economics of building a lithium hydroxide plant along side its lithium mine.

Infinity Lithium is looking to either farm-out or divest its non-core Banio potash project in southern Gabon after pencilling in a maiden inferred JORC mineral resource of 1.67 billion tonnes at 16.1% potassium chloride. The project includes high grade sylvinite that includes seams at 30.7 million tonnes at 25.3% potassium chloride and may be amendable to the lower cost, in-situ leach mining method.

Infinity Lithium's listing on the Frankfurt and Stuttgart stock exchanges will increase its exposure to European investors ahead of its upcoming feasibility study for a fully integrated mining operation and lithium carbonate processing facility at its San Jose project in western Spain. The company has also appointed lithium industry expert Vincent Ledoux-Pedailles to lead its European corporate strategy.

Infinity Lithium has expanded the scope of its lithium hydroxide scoping study for the San Jose mine in western Spain to consider the potential to deliver either lithium sulphate or lithium hydroxide. Work underway has already noted the leached material will go through a lithium sulphate stage regardless of whether lithium carbonate or lithium hydroxide is selected as the final product.

Infinity Lithium has started a scoping study that will look into the potential for the company to economically produce lithium hydroxide alongside its San Jose lithium mine in western Spain. The study is due to be released in September and could result in the company progressing its ongoing feasibility study towards producing a higher value lithium hydroxide battery chemical product rather than lithium carbonate.

CFOAM has appointed Mark Morse as chief operating officer, Dr Rudy Olson as technical development director and Eric Provenzano as director of finance. Mr Morse spent 23 years as preside

Four local mining companies have announced new chief executives as the industry shifts its focus to the annual Diggers & Dealers conference in Kalgoorlie, which kicked off today.

Infinity Lithium has reaffirmed its JV partnership with engineering firm Sacyr/Valoriza Mineria and aligned a strategy to accelerate technical work at its San Jose lithium project in Spain. The company is proposing to produce both lithium hydroxide and lithium carbonate on site at the mine, taking full advantage of the availability of affordable power in the area and re-writing the lithium playbook in the process.

Infinity Lithium has announced positive results from a scoping study to produce a high value lithium hydroxide product from processing of its San Jose ores in Spain. The work provides flexibility for the company to tailor offtake products to end user specifications from its existing processing flowsheet. There is a strong demand for the lithium hydroxide product currently, driven by battery requirements from the electric vehicle industry.

Infinity Lithium has strengthened its development prospects for the San Jose lithium project in Spain, reporting that over half its mineral resources are now classified at an “indicated” status. Improved geotechnical results also show that steeper wall angles can be developed, decreasing the open pit footprint, lowering stripping ratios and potentially improving project economics.

Infinity Lithium has successfully completed drilling for a feasibility study at the San Jose lithium project which is rapidly emerging as one of the most likely new supply hopes for European electric vehicle makers. New results suggest Infinity should be able to steepen the pit walls of the proposed open pit, cutting an already low stripping ratio and giving the project a further economic boost.

SPECIAL REPORT: The strength of the battery metals industry is helping drive the state's junior resources sector.

Plymouth Minerals is pulling out all stops at its San Jose lithium-tin project in Spain, appointing a senior executive to negotiate off-take deals and changing its name to reflect its aspirations for a big future based on lithium. Ryan Parkin has been appointed General Manager Corporate Development, bringing in additional skills to take San Jose from an advanced exploration project to a major supplier of lithium to the European market.

With a sharpened drill bit at the San Jose project, Plymouth Minerals plans to pencil up improved economics for its giant lithium project that already boasts a lovely set of numbers. A small drilling campaign about to kick off is expected to firm up fundamentals for the project's feasibility study and aims to deliver improved pit designs and lower stripping ratios for an emerging lithium supply line direct into the heart of Europe's ever-expanding battery industry.

Perth-based Plymouth Minerals has launched a feasibility study for the San Jose lithium-tin project in Spain and begun the process of applying for a mining licence aimed at producing a world-class lithium supply line to the burgeoning battery industry in the heart of industrial Europe. A previous scoping study done on the project showed an annual EBITDA of USD$75m a year.

Plymouth Minerals has successfully raised $6.5 million in a share placement to accelerate its plans for development of the San Jose lithium project in Spain and to expedite a feasibility study that will increase its stake in the well placed project from 50% to 75%. Plymouth are planning to produce battery grade lithium carbonate on site and are blessed with a gas pipeline running past their doorstep.

Plymouth Minerals has tapped investors for $6.5 million through a strongly supported share placement to develop its San Jose lithium project in Spain.

Fresh from news of a big increase in their San Jose lithium deposit, Plymouth Minerals is racing ahead with test work on converting the deposit into high-value Lithium Carbonate by way of an on-site plant. Bulk samples are already on their way to Plymouth's Chinese processing partner, Shandong Ruifu, who will beneficiate the ore and process it into battery-grade lithium carbonate.

Recent drilling has increased the size of Plymouth Minerals' massive San Jose Lithium mica deposit in Spain to more than 1.6 million tonnes of Lithium Carbonate equivalent, paving the way for an impressive feasibility study in 2018. The giant deposit is still open along strike and at depth and is perfectly situated to produce and deliver battery-grade chemicals for Europe's booming market.

Plymouth Minerals are busting the myth that Europe is barren when it comes to Lithium deposits with their emerging behemoth at the San Jose project in western Spain. The project is moving ahead rapidly after a scoping study in September delivered impressive results for an operation that will go all the way through to battery-grade Lithium Carbonate on site.

SPECIAL REPORT: Financing opportunities have improved markedly from just two years ago for the state's junior miners, amid growing demand for drill rigs and skilled workers.

A Perth-based exploration company in the process of acquiring lead and silver assets in the Murchison region has announced plans to undertake a $6 million initial public offering and list on the ASX.

Michael Fry has resigned as non-executive director of Cougar Metals, but will continue as company secretary and chief financial officer.

Plymouth Minerals has appointed John Sanders as technical manager and Robert Jewson as its business development manager.

David Putnam has resigned as interim chief executive officer of Western Mining Network. Mr Putnam has served as interim CEO since the past nine months.

ANALYSIS: WA potash hopefuls may have the backing of some high-profile local mining entrepreneurs, but startup costs and a worldwide product glut are major barriers.

Shares in local rare earths explorer Plymouth Minerals closed 75 per cent higher on news it had entered into an agreement to acquire two African potash projects for an all-scrip deal worth up to $2.75 million.

Former Wolf Minerals managing director Humphrey Hale has been appointed as a non-executive director at Plymouth Minerals.