Infinity Lithium Corporation has launched its next step in the development of its San José industrial lithium processing project near the Spanish city of Cáceres with a facility to train partners and workers with new skills in renewable energies, industrial energy storage and electric mobility.
Through its wholly-owned Spanish subsidiary, Extremadura New Energies, the company has signed a collaboration agreement with a group of innovative companies founded by the Extremadura Electric Mobility Cluster – ‘CarEX’ and the local business association LOABRE.
The not-for-profit LOABRE is a business and professional association with a stated mission to facilitate access to the market for entrepreneurs from Extremadura and to provide training opportunities for members in its quest towards the economic improvement of the region.
Under the agreement, members of CarEX and LOABRE will be first in line at the newly established European Battery Alliance, or “EBA” Academy.
According to Infinity Lithium, the collaboration between Extremadura New Energies, CarEX and LOBARE will foster economic growth and social opportunities for Cáceres and the region of Extremadura, improving local employment and attracting a new, skilled workforce to the area.
Extremadura New Energies recently-installed CEO, Ramón Jiménez Serrano said:
“This will turn Cáceres into a training hub for a sector that is only growing to grow in importance. It will provide young people from Cáceres with the skills and employability they need for the future.”
Recent research by global financial services company JP Morgan concluded lithium demand could soar more than 500 per cent by 2030, driven by an increasing appetite from the electric vehicle sector.
Electric vehicle sales accounted for nearly 20 per cent of all vehicle sales in the European Union in 2021, up a whopping 66 per cent from 2020.
The company believes its San José integrated industrial lithium processing project could play a pivotal role in assisting Spain and the EU in sourcing battery grade lithium hydroxide to meet the projected future uptake of electric vehicles.
Through its collaboration with CarEX and LOABRE, Infinity Lithium is playing a clever long game – and guaranteeing a pipeline of skilled workers – as it hits top gear in development of its San José lithium project.
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