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Infinity Lithium boosts share in Spanish project as lithium demand rises

Infinity Lithium Corporation Ltd (ASX:INF) managing director & CEO Ryan Parkin updates Proactive Investors on the battery metals-focused company's increased stake in the San Jose Lithium Project in Spain.
 
The further interest in the lithium project will help Infinity take advantage of rising demand for electric vehicles in Europe.
 
Parkin says recent announcements by European Union authorities will boost already strong demand for low carbon emission vehicles and the project's European location gives it an advantage in terms of both costs and carbon emissions over overseas exporters of lithium.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.035 AUD

ASX:INF
Market: ASX
Market Cap: $7.47 m
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Infinity Lithium agrees European funding deal for San José project

Infinity Lithium Corporation Ltd's (ASX:INF) Vincent Ledoux Pedailles speaks to Proactive London's Andrew Scott following the news they've signed an MoU for a multi-staged investment and assistance package with European Union’s (EU) EIT InnoEnergy. The initial part of the package is an...

3 days, 5 hours ago

2 min read