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Infinity Lithium on the brink of full approval for San Jose project in Extremadura, Spain

ASX News, Materials
ASX:INF      MCAP $15.26M
13 June 2024 10:38 (AEST)

A snapshot of historical buildings in the Extremadura region. Source: Adobe Stock

Infinity Lithium (INF) has announced its permitting process for the San Jose lithium project is nearing completion with documents for the final stage 2 keystone permit now submitted.

To mine in the jurisdiction, Infinity needs to acquire an Exploitation Concession Application (ECA) permit.

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

“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 move comes not long after Spanish authorities confirmed stage 1 round documentation for the San Jose project, finding it was “viable.”

That confirmation came from the Regional Government of Extremadura’s Industry, Energy and Mines directorate.

“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 company has spent much of 2024 developing the project.

INF last traded at 5.1cps.

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