Infinity Lithium directors support integrated European supply strategy through placement
Director Vincent Ledoux-Pedailles has been invited to participate in numerous advisory boards, panels and conferences in Europe throughout September.
Company
ASX:INF
Infinity is an ASX listed metals company with assets in Australia and Europe. The company has been focused on a diversification strategy to manage commodity cycles and drive value.
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Director Vincent Ledoux-Pedailles has been invited to participate in numerous advisory boards, panels and conferences in Europe throughout September.
The Madrid Stock Exchange has a combined market capitalisation of more than $1.2 trillion.
The pre-feasibility study (PFS) estimates the lithium hydroxide project has a pre-tax valuation of US$860 million (~A$1.26 billion).
Test work has produced lithium hydroxide monohydrate from recirculated potassium sulphate confirming the planned processing flow sheet works.
The critical raw materials list is an essential component of assessing European supply needs and investment strategies.
The PFS is evaluating the production of lithium hydroxide from the San José Lithium Project in Spain.
This transaction is facilitated through an option and sale agreement which includes a milestone-based structure for cash or share consideration of up to US$3 million.
The European Investment Bank is evolving with rapidly progressing lithium-ion battery technology and reviewing its lending policy to include more battery raw materials and mining projects.
The company is developing its flagship San Jose Lithium Project in Spain.
The PFS is expected to be complete next month and will build on the November 2018 scoping study that valued the lithium project at up to US$1.017 billion.
The company is witnessing an increasing focus in Europe on developing an integrated lithium supply chain within the continent.
There is no doubting that there’s plenty of lithium around - it is the 32nd most abundant element in the earth’s crust, ahead of lead, tin, uranium, tungsten, silver, mercury, platinum and gold.
There is no doubting that there’s plenty of lithium around - it is the 32nd most abundant element in the earth’s crust, ahead of lead, tin, uranium, tungsten, silver, mercury, platinum and gold
The company has the largest open-pit based lithium resource in Europe.
The company holds a 75% interest in the joint venture which owns the flagship San Jose Lithium Project in Spain.
European Commission has requested the European Investment Bank to become more engaged in funding battery raw material projects in exploration, mining and refining.
The project is proposed as an integrated industrial processing facility and test work continues to confirm assumptions of the lithium hydroxide scoping study released in Q4 2018.
The San Jose Lithium Project is in a unique position to supply the European lithium-ion battery and electric vehicle industries.
Investments and investor services
The company has been granted a trading halt which will remain in place until Monday, June 3, or until an announcement is released.
The company has a fully integrated supply strategy centred on the San Jose project in western Spain.
Investments and investor services
The Sydney CEO Session is on Monday, May 13, and the Melbourne session is Tuesday, May 14.
The company’s Onco-PDO cancer screening service supports personalised clinical decisions for patients.
The company is well positioned to strategically support the EU and the auto industry’s endeavours.
The company was recently awarded a patent for a novel prognostic biomarker for breast cancer.
The company’s O2 Vent Optima device was launched in both Australia and Canada during the March quarter.
Investments and investor services
Darryl Clark has this week purchased 100,000 shares and now holds more than 2.021 million.
The agreement with chemicals producer Ercros will help minimise the company’s carbon footprint and will support domestic industry.
Investments and investor services
Copper market fundamentals add to the potential economic viability of the Kharmagtai project.
Investments and investor services
The Sydney CEO Session is on Monday, May 13, and the Melbourne session is Tuesday, May 14.
The updated study is evaluating production of lithium hydroxide from the San Jose Lithium Project in Spain.
AEDIVE is the Spanish business association for the development and promotion of electric vehicles.
The German car industry will invest over €40 billion over the next three years in electric vehicles, tripling the number of models available.
A November 2018 scoping study valued the lithium project at up to US$1.017 billion.
The company aims to produce battery-grade lithium hydroxide from its San Jose project in Spain.
A scoping study demonstrated the company could produce battery-grade lithium hydroxide from Spanish project.
European-based Vincent Ledoux-Pedailles brings extensive European knowledge of the lithium market.
The lithium price faces a slow downward trend to 2022 as the market shifts into a supply surplus in 2019.
Register for tomorrow’s webinar by emailing ‘Yes’ to Tegan Murphy at tmurphy@infinitylithium.com
The proposed lithium hydroxide operation is preferred to the previously proposed lithium carbonate operation.
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
Potash prices have recovered strongly in the past 12 months from about US$200/tonne to well in excess of US$300/tonne now.
Infinity recently started trading on both the Frankfurt Stock Exchange (FRA:3PM) and Stuttgart Stock Exchange (STU:3PM).
The company is leveraging growing market demand for lithium hydroxide in the production of cathode batteries as it develops processing routes for its San Jose ore.
The project will have the ability to produce lithium hydroxide based on market demand and evolving lithium-ion battery technologies.