- Infinity Lithium’s (INF) subsidiary, Extremadura New Energies (ENE), signs a collaborative agreement with the Association of Transport Entrepreneurs of Extremadura (Asemtraex)
- Under the partnership, the companies will promote economic development opportunities together within the freight sector in the community of Cáceres and Extremadura
- The agreement follows multiple cooperative agreements with major local business and community groups including Círculo Empresarial Cacereño
- Asemtraex members will have priority access to courses that ENE will promote related to energy storage, electric mobility and renewable energies
- INF shares are down 6.9 per cent, trading at 13.5 cents
Infinity Lithium’s (INF) Spanish subsidiary, Extremadura New Energies (ENE), has signed a collaborative agreement with the Association of Transport Entrepreneurs of Extremadura (Asemtraex).
Under the partnership, the companies will promote economic development opportunities together within the freight sector in the community of Cáceres and Extremadura through support for the integrated lithium chemical conversion project.
The agreement follows multiple cooperative agreements with major local business and community groups including Círculo Empresarial Cacereño and training and development programs with LOABRE and CarEX.
“One of Extremadura New Energies’ main objectives is for the lithium processing plant to become a centre of development and to help to attract other projects that will especially benefit commerce in the region,” Extremadura New Energies CEO Ramón Jiménez Serrano said.
“Cáceres can play a very important role in the new industrial ecosystem that will be generated around lithium.”
Transportation logistics relating to raw materials and products will be an important element in the successful development of the San José Lithium Project which will see significant material movements.
“The Extremadura New Energies project will boost both direct and indirect activity in freight and other industrial initiatives, with both parties collaborating to support the creation of a transport logistics centre in Cáceres,” Asemtraex President Miguel Ángel Sánchez Bravo commented.
Asemtraex members will have priority access to courses that ENE will promote related to energy storage, electric mobility and renewable energies within the framework of the Battery Academy of the European Battery Alliance.
INF shares were down 6.9 per cent, trading at 13.5 cents at 3:56 pm AEST.