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Infinity Lithium releases 3D video showcasing sustainable San José Lithium Project

San José is a sustainable project that offers opportunities for the strategic development of a fully integrated supply chain for electric vehicles in Europe.

Infinity Lithium Corporation Ltd - Infinity Lithium releases 3D video showcasing reproductions of San José Valdeflórez Lithium Project
The video release follows the company sealing a strategic financing and collaboration agreement with EIT InnoEnergy

Infinity Lithium Ltd (ASX:INF) has released a 3D video showing reproductions of what the sustainable San Jose Valdeflórez Lithium Project in Cáceres, Spain, will look like.

The video, which lasts for about two minutes, showcases how the project is designed to guarantee the protection of the city’s ecosystem with the responsible use of water and health protection initiatives.

This digital recreation shows details of the mining area, the industrial plant and the tailings as well as the continuous rehabilitation of the site.

Europe's second-largest lithium deposit

San José Valdeflórez, which is the second-largest lithium deposit in the European Union, is set to put Cáceres on the map of the electric vehicle (EV) sector.

INF is working to develop a sustainable project that offers opportunities for the strategic development of a fully integrated supply chain for EVs in Europe

The video states Cáceres has the opportunity to set an example globally with a technology that is already changing the world – electric mobility.

Lithium supply strategy 

Infinity recently strengthened its European lithium supply strategy by executing binding agreements for a multi-staged funding and added services assistance package with European Union-based innovation initiative KIC InnoEnergy SE.

Shares doubled to A$0.14 on June 14 following the news which sees the San José project become the first lithium project to secure European funding from EIT InnoEnergy, a recently launched platform created by the European Battery Alliance (EBA).

Today shares have traded as much as 12% higher to 9 cents.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.0995 AUD

ASX:INF
Market: ASX
Market Cap: $30.88 m
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Infinity Lithium completes capital raise bringing 2.2 million dollars into...

Infinity Lithium (ASX: INF) Managing Director Ryan Parkin joined Steve Darling from Proactive with news the company has had a firm commitment to raise 2.2 million dollars through a private placement. That money, according to Parkin, will be used to advance their San Jose Lithium...

on 11/9/20

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