News Articles for Infinity Metals

Infinity Lithium non-exec chairman Adrian Byass will step up into the roles of executive chairman and interim CEO as the company shifts its operational focus to Spain for its San José lithium project. Infinity has been pushing hard to obtain the relevant project approvals and is working with the Mines Department to establish a public consultation period, hoping to work with stakeholders and finalise the approval process.

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.

Testwork on ore from Infinity Lithium's San José project in Spain has confirmed recoveries of more than 90 per cent, a result that will support a definitive feasibility study and pilot plant design. The company says the results exceed recoveries assumed in the project's scoping study and confirm consistent production of battery-grade lithium hydroxide monohydrate from the 111-million-tonne orebody.

Infinity Lithium is charging ahead with fieldwork at its San José lithium project in Spain as it prepares to lodge an exploitation concession application for the operation with local authorities. The company says its recent work will support its environmental impact assessment that will form part of its application to mine and process the 111-million-tonne orebody grading 0.61 per cent lithium oxide.

Infinity Lithium has taken another step forward with its proposed San José lithium project in Spain after the Cáceres Local Government deemed the operation compatible with local urban legislative requirements. The project, near Cáceres in the Extremadura region, boasts one of Europe's leading JORC-compliant hard-rock lithium deposits, with a total indicated and inferred resource base of 111 million tonnes at 0.61 per cent lithium oxide.

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”.

Mineral explorer Emu NL has kicked up a collection of intriguing rocks during a maiden foray into to its Georgetown project in Queensland, returning a staggering 18 per cent copper, 35.4 ounces silver and 26 per cent lead – while also mapping out a 2km-long pegmatite. Emu has secured the right to earn up to 80 per cent in the trio of exploration permits.

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 subsidiary Extremadura New Energies has entered into a joint venture with Spanish energy firm Enalter to potentially deliver low-cost green energy to its San José lithium project in Spain. The creation of the “Extremadura Energy H2 Hub (EEHH)” allows a first right to secure a long-term green energy power purchase agreement for the San Jose project.

Infinity Lithium has secured a long-term land lease from local owners for the development of its San José lithium project in Spain, for a minimum of 35 years through its subsidiary, Extramadura New Energies. According to the agreement, the leased land is already zoned industrial, located within a granted exploration permit and includes the San José lithium deposit.

Infinity Lithium says its battery training and development programs offered through its subsidiary Extremadura New Energies have been declared a “strategic” qualification by the local regional government. The Extremadura Public Employment Service (SEXPE), part of the Regional Government of Extremadura, will now provide grants through public funding in coming months to advance the company's training initiatives.

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 remains on track to submit the required applications for development of its San José lithium project in Spain – a proposed integrated lithium mining and lithium chemicals processing plant for electric vehicle batteries and the European Union's second-biggest JORC lithium resource. Regional election results have increased the company's prospects for getting the project off the ground.

Infinity Lithium is pushing closer towards mining licence and environmental authorisation submissions for its San José lithium project in Spain following positive government permitting recommendations. The finalisation of the Extremadura regional government's Environmental Impact Assessment Scoping Document, compiled by its General Directorate for Sustainability, classes the project as compatible with environmental and land use requirements.

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's San José lithium project near the city of Cáceres in Spain has been given a boost after a local court ruling confirmed extraction activity and industrial development is allowed in key project areas. The company says the Contentious Administrative Court of Cáceres has ratified the correct granting of an Investigation Permit Ampliación Valdeflórez to Infinity subsidiary Extremadura New Energies.

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.

Internationally recognised lithium expert Joe Lowry expects the price of battery quality lithium carbonate to continue its upward trajectory into 2027 before hitting highs of US$97,000 per tonne as the supply and demand curve starts to invert. Speaking at this year's Lithium Update by the Experts at Perth's Hyatt Hotel, Lowry dubbed lithium the “irreplaceable element” in the new energy transition and says the balance of power in the industry has switched from China to Australia and South America.

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.

Infinity Lithium's plans to develop its 75 per cent owned San José lithium project in Spain appear to be rolling forward after the company submitted an ‘Initial Document' to effectively expedite the project's next stages. Shortly after submitting the document, the Regional Government ratified a recent lithium-focused law that declared lithium extraction and processing are of regional and general interest.

Our board moves wrap includes Ramon Jimenez, Hilary Macdonald, and Harry Greaves.

Infinity Lithium's plans to develop its 75 per cent owned San José lithium project in Spain appear to be gaining political support after local and regional government representatives have called for a technical presentation of the proposed underground mine and integrated lithium processing plant. The continued revival of the project follows the regional government's declaration last week that lithium extraction and processing are of regional and general interest.

Mineral explorer EMU has secured the right to earn up to 80 per cent in a trio of exploration permits covering 850 square kilometres in Queensland's Georgetown mining district under a Heads of Agreement with TSXV-listed Rugby Resources. Whilst gold has been the traditional focus for the region the tenements are also prospective for base and battery metals including lithium, silver, lead, zinc, copper, tin and uranium.

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 continues to gather local support for its proposed San José lithium project near Cáceres in Spain, partnering with the Cáceres Chamber of Commerce to form an energy sector accelerator program. Through Infinity's wholly owned Spanish subsidiary Extremadura New Energies, the agreement is designed to help companies starting out in lithium, energy storage and renewable energy sectors.

Infinity Lithium Corporation has extended its Memorandum of Understanding with South Korean lithium-ion battery producer LG Energy Solutions for lithium hydroxide from its proposed San José project in Spain with the extension due to mature in December. The two companies originally signed a non-binding agreement in June last year that gives LG first rights to 10,000 tonnes per year of product, with additional volumes subject to negotiations and agreement.

Infinity Lithium continues to strengthen its green hydrogen credibility with the company's wholly owned Spanish subsidiary, Extremadura New Energies, joining major regional energy transition group SOI H2-ALEX. The alliance is focused on the advancement of green hydrogen developments in the south-west Iberian Peninsula, specifically the Alentejo region in Portugal and the Extremadura region in Spain.

Infinity Lithium has pivoted to an underground mining plan in a bid to win local support for its proposed San José lithium project near the city of Cáceres in the Extremadura region of Spain. The company has been formally invited to present its redesigned development proposal to the Extremadura Regional Government and the Cáceres City Council.

Infinity Lithium Corporation's wholly-owned subsidiary, Extremadura New Energies has sealed a collaborative agreement with Asemtraex – the Association of Transport Entrepreneurs of Extremadura – that will see the duo team up to encourage economic development in the freight sector of Cáceres, Spain. According to the company, the work could foster economic growth, drive down unemployment and generate career opportunities for the township.

Infinity Lithium subsidiary Infinity GreenTech has inked a deal with Murdoch University that will see the duo form a partnership to commercially test work on a lithium chemical conversion process called ‘GreenTech RPK'. According to the company, a victory in the space could allow it to breathe new life into previously-unviable lithium deposits.

Infinity Lithium is on the front foot in developing the skills it will need as it pushes forward with developing its San José industrial lithium processing project near the Spanish city of Cáceres. The company has signed a collaboration agreement with the Extremadura Electric Mobility Cluster and the local business association LOABRE to provide training for local members within the framework of renewable energies.

In its quest to strengthen its in-country ties, Infinity Lithium has appointed Ramón Jiménez Serrano to the role of CEO of the company's wholly owned Spanish subsidiary, Extremadura New Energies. Mr Serrano has spent 17 years in leadership roles with major Spanish companies that have an industrial focus and are aligned to sustainable energy transitions.

Infinity Lithium Corporation's wholly owned Spanish subsidiary, Extremadura New Energies has reinforced its provincial links by becoming a member of the local business organisation in Cáceres. The company says the move will allow it to gain a comprehensive understanding on how to deliver its San José lithium project to the people of western Spain.

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.

ASX-listed Infinity Lithium Corporation looks to be advancing its San José lithium project in Spain, with the company's wholly-owned subsidiary, Infinity GreenTech, progressing test work for a “cutting-edge” lithium hydrometallurgical conversion process. The company says its latest venture follows good recoveries of lithium from open circuit test work on its lithium micas.

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.