- Infinity Lithium Corporation (INF) receives a positive ruling for its restoration plans for the San José Lithium Project in Spain
- The city council claimed the company, through TEL, acted outside an approved restoration plan which had been provided prior to works
- However the court concluded the council resolution was “contrary to law” and declared it null and void, allowing works to go ahead
- The company is also contesting the cancellation of an Investigation Permit Valdeflorez (PIV)
- Infinity Lithium Corporation is trading 21.7 per cent up at 14 cents at 10:39 am AEDT
Infinity Lithium Corporation (INF) has received a positive ruling for its restoration plans for the San José Lithium Project in Cáceres, Spain.
The Contentious-Administrative Court (CAC) ruling was in favour of the San José Lithium Project joint venture entity, Technologia Extremeña Del Lito S.L. (TEL), moving ahead with the works.
The issue first came about in September 2019 when the local city council proposed a modified restoration plan and subsequently placed a halt on field work at San José.
The council claimed the company, through TEL, had acted outside the approved restoration plan which had been provided prior to works.
However, the CAC concluded that the council resolution was “contrary to law” and declared it null and void. TEL was therefore ruled to have operated under the law, regulations and permits in submitting the restoration plan to the required authority.
The company is also contesting the cancellation of an Investigation Permit Valdeflorez (PIV).
Infinity is disputing the basis of the decision to cancel the PIV and retains all legal rights against the Junta of Extremadura.
Infinity retains subsequent rights of applications over and including the PIV area through other applications.
Infinity Lithium Corporation was trading 21.7 per cent up at 14 cents at 10:39 am AEDT.