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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: 0.095 AUD

ASX:INF
Market: ASX
Market Cap: $23.22 m
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Infinity Lithium secures milestone partnership and investment from EU-backed...

Infinity Lithium Corporation Ltd (ASX:INF) (FRA:3PM) has executed binding agreements for a multi-staged funding and added services assistance package with European Union-based innovation initiative EIT InnoEnergy. Executive director corporate strategy Vincent Ledoux Pedailles tells Proactive...

on 18/6/20

2 min read