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Infinity Lithium (ASX:INF) has announced its receipt of partial approvals from the government of Extremadura, Spain, towards launching its San Jose lithium project.
The Department of Mines has formally progressed the first stage of the company’s exploitation concession application for the project.
That progression to stage two, according to Infinity Lithium, marks the government’s recognition of the project as legitimate.
The company is now moving ahead to acquire supplementary licences.
“We are pleased to receive this positive confirmation of the lithium resource and subsequent notification from the Mines Department allowing us to progress the permitting of San José,” Extremadura New Energies CEO Ramon Jimenez said.
“The Project will now go through the ordinary procedure of assessment by the technicians of the Junta de Extremadura.”
The company recently secured an 11ha area on-site for where a downstream lithium processing plant is slated to be built.
That lease is for no less than 35 years.
INF last traded at
