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Infinity Lithium has secured a new 35-year lease on land that now expands the footprint of its San José project in Spain, following a new deal struck by its wholly-owned subsidiary, Extremadura New Energies. The company says its second major acquisition of rights and access to land that will be home to its processing facility is a milestone that provides long-term leasehold over 11 hectares.

Infinity Lithium has continued its chase for the rights to mine lithium and establish a conversion facility at its San José project in Spain by formally lodging an application with the local government. The project, with a mineral resource of 111.3 million tonnes grading 0.61 per cent lithium oxide and 206 parts-per-million tin, is in Extremadura – a remote mountainous region that borders Portugal.

The Spanish Government has boosted Infinity Lithium's coffers with a cash-ringing endorsement of $31 million for its 75 per cent-owned San José lithium project as the limelight intensifies on the battery metal's supply chain. The grant funding was awarded to company's wholly-owned Spanish subsidiary, Extremadura New Energies, which plans to develop an underground mine at the deposit.

Infinity Lithium has splashed out a stunning EBITDA of US$16.7 billion (AU$26 billion) for its San José project in Spain in an updated scoping study that outlines a 26-year mine life and annual production of 33,000 tonnes of lithium hydroxide. The company's new study shows a post-tax net present value of US$2.87 billion (AU$4.47 billion) and an internal rate of return of 21.3 per cent.

Infinity Lithium's bold plans for its San José project in Spain have been buoyed after the Regional Government of Extremadura revealed key stimulus measures stemming from changes to its “Lithium Decree Law”. In a further boost to the operation, management says the Federal Constitutional Court has declared exploitation of lithium resources in Extremadura as projects of “general and regional interest”.

Infinity Lithium subsidiary Infinity Greentech has confirmed improvements in recoveries and the successful production of battery-grade lithium hydroxide through the application of its “Li-Stream RPK” process. The company says the use of mica from its San Jose project in Spain as part of the process has the potential to herald a new European production era for lithium mica applications.

Infinity Lithium says recent meetings with newly-elected regional political leaders have emphasised and reinforced the continued collaboration driving the advancement of its San José lithium project in Spain. The project, near the town of Cáceres in the Extremadura region, boasts one of Europe's leading JORC-compliant hard-rock lithium deposits, with an indicated and inferred resource base of 111 million tonnes at 0.61 per cent lithium oxide.

Infinity Lithium's bid to join Europe's burgeoning green energy revolution has gained further momentum after it was granted another important permit for its ambitious San José project in western Spain. The Extremadura Regional Government has granted Infinity a new exploration permit, which the company regards as a milestone on its lithium journey and one that reinforces stakeholder commitment to San José.

Infinity Lithium Corporation will continue moving ahead with plans to submit a direct mining licence application for its San José lithium project in Spain after a decision from the Contentious Administrative Court in Cáceres confirmed that is the most suitable path forward. Following the termination of the its Investigation Permit Valdeflorez the company says it will now proceed with an alternative process to a mining licence and one in which it already has the backing of the regional government.

Infinity Lithium has extended a Memorandum of Understanding with battery manufacturer LG Energy Solutions for the supply of lithium hydroxide from its planned San Jose project in Spain. The expansion follows a 2021 deal that permits LG the first rights to 10,000 tonnes of product per year and grants the parties additional time to hammer out a long-term offtake agreement. The deal will mature on 2 December 2023.

Infinity Lithium has sealed a binding memorandum of understanding with Spanish energy firm Enalter to assess a renewable energy project that could drive down costs associated with the explorer's in-development San José lithium project. As part of the deal the company through its wholly-owned subsidiary, Extremadura New Energies, will seek to capitalise on the region's sprawling alternative power prospects through solar, methane and green hydrogen operations.

Perth-based Infinity Lithium has wrapped up its commitments to a successful test work program for its San José lithium project in western Spain by delivering the final tranche of share options to the program's backer. The company has also announced a new battery industry training program for locals in the Extramadura region, the site of its proposed mine.

Infinity Lithium has chalked off another breakthrough at its San José lithium project in Spain after a metallurgical test work program proved successful in scaling up the production of battery-grade lithium carbonate and hydroxide ahead of a looming feasibility study. The work is funded by EIT Innoenergy and aimed at developing a more sustainable refining technology for lithium mineralogies.

Infinity Lithium has entered a memorandum of understanding with global engineering titan, thyssenkrupp BU Mining to gauge the potential for green hydrogen to power a lithium chemical conversion process at its proposed San José lithium project in Spain. A recent scoping study evaluating underground mining and downstream lithium hydroxide production at San José envisaged 19,500 tonnes of annual battery grade lithium hydroxide production over 26 years.

ASX-listed Infinity Lithium looks to be systematically progressing its battery production expertise at its San José lithium project in Spain with the company's freshly incorporated, Infinity GreenTech outfit lodging a provisional patent application for a cutting-edge lithium hydrometallurgical conversion process. The company says its latest venture will focus on commercialising low carbon footprint lithium hard rock processing technologies.

ASX-listed Infinity Lithium is ticking off the milestones at its San José lithium project in Spain with the successful completion of the next phase of test work triggering the second investment by EIT InnoEnergy of €200,000. Under an agreement struck last year, the third and final payment of €200,000 is payable upon the completion of the bench scale test work slated for the first quarter of 2022.

Infinity Lithium has estimated the net present value of its proposed San José lithium mine and hydroxide plant in Spain at US$811.7m, which translates into a whopping $1.094 billion in Australian dollars. The company says the project will spit out US$190m a year for 26 years in net cash flows from the production of 19,500 tonnes of battery grade lithium hydroxide annually.

ASX-listed Infinity Lithium Corporation has signed a non-binding memorandum of understanding with LG Energy Solution for supply of lithium hydroxide from its proposed San Jose project in Spain. LGES is a major South Korean manufacturer of lithium-ion batteries. The San Jose project is seen as an important component in the EU's progress towards a vertically integrated lithium-ion battery supply chain.

ASX-listed Infinity Lithium Corporation has signed a consultancy agreement with Spanish mining outfit Promotora de Minas de Carbon as the Australian company looks to shore up its San Jose lithium project in Spain's Extremadura region. Forty-five-year-old Promotora de Minas de Carbon has agreed to provide mining advisory services to Infinity for an all-options success fee comprising two tranches of 20 million options each.

ASX-listed Infinity Lithium has become involved in a Spanish battery consortium led by one of its key strategic partners, EIT InnoEnergy that hopes to snare a whopping €1.2 billion in pandemic recovery funding from the Spanish Government. The company's San Jose lithium project may be in line for a €256 million CAPEX injection if the consortium's application is successful.

Fresh from being awarded an “investigation” permit for its San Jose lithium project in Spain, Infinity Lithium's proposed development of a mining and processing operation at San Jose with an estimated pre-production CAPEX of US$309 million has been given a big vote of support by key strategic investor EIT InnoEnergy.

Infinity Lithium has taken a significant step forward in the development of its massive San Jose lithium project in Spain, with a key local Government body granting the company a “Investigation Permit Ampliación a Valdeflórez”. The permit grants the company legal title over the principal project tenure which has been set aside for its proposed milling and processing operations.

Infinity Lithium has added further weight to the company's technical committee as it charges through its feasibility study over the San Jose lithium project in western Spain. The company has appointed lithium processing specialist, David Maree to the company's technical committee. Mr Maree will work with Executive Director Jon Starink to refine and innovate the process flow sheet as test work continues at Dorfner Anzaplan in Germany.

Infinity Lithium continues to kick goals at its San Jose project in western Spain, with ongoing test work being developed as part of the company's feasibility study, showing improved recoveries of lithium from the front-end of the proposed processing flowsheet. First-stage beneficiation shows a 10 per cent increase in lithium recovery, compared to the previous figures achieved as part of Infinity's earlier pre-feasibility work.

Infinity Lithium has landed a recruitment coup helping advance the company another crucial step in its path towards production by appointing prominent local businessman and former Spanish politician, Mr Cayetano Polo as the company's Head of Institutional Relations in Spain. Mr Polo has a strong background in regional and local government in the Extremadura region, which hosts the company's developing lithium operation.

Perth's Infinity Lithium has secured staged funding of up to €0.8 million from the European Union-based EIT InnoEnergy to fund phase one of a pilot plant at its San Jose Lithium project in Spain. EIT InnoEnergy is mandated to support the European Battery Alliance of which Infinity is a member, who is seeking to build a competitive and fully integrated battery supply chain in Europe.

Infinity Lithium has managed to tap an innovative, European, public private partnership known as EIT InnoEnergy for at least AUD$1.5m in funding to support stage one of a lithium pilot plant at its San Jose lithium project in Spain. EIT InnoEnergy is the manager of the European Battery Alliance whose stated goal is a competitive and fully integrated battery manufacturing chain in Europe and preventing technological dependence on Asia.

ASX-listed Infinity Lithium has executed a binding agreement to divest its African potash assets and the Perth company is now set to focus 100% on its San Jose industrial lithium project in Spain that is looking to lever burgeoning demand for lithium-ion batteries in Europe. Infinity has a 75% interest in San Jose that, according to its pre-feasibility study, is set to deliver 15,000 tonnes per annum of battery-grade lithium hydroxide.

Infinity Lithium has applied for EU funding from the European Battery Alliance's private investment company, InnoEnergy, to support the development of a pilot plant for the production of lithium hydroxide that will then be tested and validated by lithium end-users in Europe. The funds would be utilised by Infinity and its partners to advance a pilot plant at Infinity's San José Spanish lithium project.

Infinity Lithium has completed a $1.5m placement, with two directors cutting their own cheques to help fund a DFS for its San José lithium project, located in western Spain. Back in August, the company delivered an outstanding pre-feasibility study for the integrated lithium project, revealing that the operation will throw up a pre-tax, net present value of USD$860m at an internal rate of return of 42%.

Infinity Lithium has delivered outstanding pre-feasibility study results for its fully integrated San José project in Spain, revealing that the operation will produce a pre-tax net present value of USD$860m and an internal rate of return of 42%. The project has an initial life of mine of 30 years and the company will both mine lithium mineralisation from the operation and process the ores into battery-grade lithium hydroxide products.

Infinity Lithium has signed a binding letter of intent to sell its non-core Banio and Mamana potash projects in Gabon to an unnamed buyer for up to USD$3 million in cash or shares. The buyer has a 12-month option to pay the full amount in cash or pay USD$2 million in shares in a public or private entity with a further USD$1 million in shares to be paid on delivery of a JORC-compliant scoping study within three years.

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 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.

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 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.