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Infinity Lithium (ASX:INF) on track to produce battery-grade lithium hydroxide

Materials
15 July 2021 10:10 (AEST)

Infinity Lithium Corporation’s (INF) says its metallurgical testwork in on track to produce battery-grade lithium hydroxide from the San Jose Lithium Project in Spain.

San Jose is a 75 per cent owned project that the company uses for production of battery-grade lithium chemicals from a mica feedstock. It is Europe’s second largest JORC compliant hard rock lithium deposit and is considered an essential component in the EU’s development of a vertically integrated lithium-ion battery supply chain.  

The metallurgical test work aims to provide the foundation for a Feasibility Study for battery graded lithium hydroxide production. The program is part of an EIT InnoEnergy-funded program, managed by Dorfner Anzaplan in Germany and a technical advisory committee in Australia.

The work program is based on a pre-feasibility study completed in 2019, and is intended to confirm the company’s process assumptions and better define process engineering design criteria.

Lab-scale feasibility testwork has now progressed to the crystallisation stage, after successfully progressing through the roast, leach and solution purification stages.

The company says the testwork is on schedule, with first lab-scale production of lithium hydroxide expected at the beginning of Q4 2021. INF says it will provide further updates as the test work moves to its final stages.  

This follows on from a recently announced memorandum of understanding to LG Energy Solutions of Korea for the delivery of battery-grade lithium hydroxide, and an announcement yesterday that the company is set to receive a share of a €4.3 billion (around A$6.79 billion) funding package from the Spanish Government towards the development of the country’s electric vehicle value chain.

Infinity Lithium Corporation last traded at 0.16 cents on July 14.

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