Notably, stage 1 test work has been completed which focused on metallurgical test work designed to confirm previous upgrade factors from the November 2018 scoping study.
Infinity managing director Ryan Parkin will present to investors at the Sydney investor event on Monday, May 13 and at the Melbourne event on Tuesday, May 14.
The company is witnessed increasing news activity in the European lithium-ion battery supply chain.
The EU continues to focus on all areas of activity to support the critical auto industry: from electric vehicles (EVs) to batteries all the way to lithium mining and chemical conversion.
Notably, the German car industry will invest over €40 billion over the next three years in electric vehicles, tripling the number of models available.
Moving towards 100% ownership
Infinity Lithium is well positioned to strategically support the EU and the auto industry’s endeavours, as evidenced through the recent acquisition of a further 25% ownership interest in the San Jose Project, moving Infinity’s total ownership to 75%.
Furthermore, Infinity has renegotiated terms whereby a clear pathway to 100% project ownership is available.
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