Infinity Lithium - INF(ASX) News & Expert Insights from Stockhead

Infinity Lithium (ASX:INF) is an Australian listed minerals company who is seeking to develop its 75% owned San Jose Lithium Project (‘San Jose’) and produce battery grade lithium hydroxide in Spain. Supply response is needed to satisfy Europe’s burgeoning electric vehicle and energy storage needs through feeding the large-scale cathode production facilities and lithium-ion battery plants currently under construction.

The San Jose deposit is a highly advanced, previously mined brownfield development opportunity representing EU’s second largest lithium deposit. Infinity Lithium will mine the hard rock Mica resource and develop the vertically integrated project processing facilities to provide a long term, low cost and sustainable European mine-to-end-product battery grade lithium hydroxide operation. The evolving technological developments to provide longer range, nickel rich cathodes that are used in electric vehicles requires battery grade lithium hydroxide.

The project is located approximately 2 and a half hours west of Madrid in the proactive western Spanish region of Extremadura. The industrial lithium chemicals processing facilities benefits from an adjoining resource quarry, readily accessible power and adjacent gas pipeline infrastructure. The logistical “ease of access” and the availability of natural gas provides Infinity Lithium with the opportunity to focus on downstream activities. Infinity completed a battery grade lithium hydroxide scoping study in November 2018 and are progressing towards a Pre-Feasibility Study into the production of lithium hydroxide on site.

KEY PEOPLE

Ryan Parkin , Managing Director & CEO

+15 years experience in corporate development, accounting and finance in both listed and unlisted companies.

Adrian Byass , Director

+20 years in the mining industry both in listed and unlisted entities globally, Non-Executive and Executive Director of various listed and unlisted mining entities, which have successfully transitioned to production in bulk, precious and specialty metals around the world.

Vincent Ledoux Pedailles, Executive Director

MA Business, background in consulting and research in the petrochemical industry, specialty chemicals, industrial minerals, base and minor metals. Led the Lithium & Battery Metals team at IHS Markit and involved in the lithium industry since the early 2010’s when he worked at Talison Lithium.

Kevin Tomlinson, Non Executive Chairman

+30 years experience in mining
and finance within the Toronto,
Australian, and London stock
markets. Background in project finance, development, and mining
experience includes previous
roles as Managing Director at
Westwind Partners/Stifel
Nicolaus and as a board member
of Medusa Mining.

Robert Orr, CFO & Company Secretary

Acted as Chief Financial Officer and Company Secretary for a number of ASX listed companies, with over 30 years’ experience in public practice and
commerce.