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Infinity Lithium makes further progress with San José permitting

Published 13/06/2024, 12:50 pm
© Reuters.  Infinity Lithium makes further progress with San José permitting
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Infinity Lithium Corporation Ltd (ASX:INF), through wholly owned subsidiary Extremadura New Energies, has progressed permitting for the San José Lithium Project in Spain by lodging final stage 2 Exploitation Concession Application (ECA) documentation.

The lodging of major project documentation for the Direct ECA includes the Project Exploitation (mining and processing), Rehabilitation & Restoration, and Environmental Impact Assessments (EIA).

Submission of stage 2 project documentation has closely followed the positive confirmation by the Regional Government of Extremadura’s Directorate General of Industry, Energy and Mines (DoM or Mines Department) of the viability of the lithium resource at San José.

“Project milestone”

Infinity managing director and CEO Ryan Parkin said, “We are thrilled to announce this significant project milestone through the detailed submission of the San José ECA.

“The submission is the culmination of a permitting strategy shaped in concert with local and regional project stakeholders, and administrative consultation to incorporate the government’s assessment criteria.”

The project ECA submissions have incorporated responses from local and regional stakeholders through the EIA Scoping Document.

What is next?

The permitting and licensing process for the ECA project documentation will now be assessed by regional government authorities before a public consultation period.

“The company is pleased to have advanced the ECA submission to the point of assessment, with an opportunity for further government support to accelerate permitting and provide the endorsement through to a final investment decision," Parkin said.

“We will update the market in due course on the timeline to the next stages of development which have been impacted by the robust process undertaken by regional authorities to date.”

The ECA has been submitted using the Exploration Permit Extremadura S.E. (PESE) as agreed with the Regional Government and coincides with recent agreements to secure land required for the project.

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