Mining Licence & EIA Permitting Process Initiated

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’), through wholly owned Spanish subsidiary Extremadura New Energies (‘ENE’), is pleased to announce the formal presentation of the San José Lithium Project (‘San José’, or ‘the Project’) through the submission of the “Initial Document” to the Dirección General de Industria, Energía y Minas (General Directorate of Industry, Energy and Mines) and Dirección General de Sostenibilidad (General Directorate of Sustainability) in Extremadura.

Highlights:

• MLA and EIA application process initiated through the public presentation and submission of the Initial Document
• Environmental Impact Assessment (EIA) Scoping Document to be returned to Company within 3 months
• Company has directly responded to requests from the Regional and Local Governments to assess the Project
• Initial Document submitted following consultation with local and regional authorities
• Collaborative process between authorities and the Company to identify the preferred location for the industrial lithium conversion facility
• Ratification of the Lithium Decree-Law facilitates accelerated administrative processing of projects, and reiterates regional prioritisation and importance of the battery sector
• Infinity finalises payment to JV partner and has now assumed administrative control of the San José Lithium Project

The collaboration between the Regional Government of Extremadura, Cáceres Local Government and Extremadura New Energies has resulted in the commencement of the first step in the lodgement of permit applications.

This is based on the Underground-only mining proposal which a positive Scoping Study has been delivered (ASX announcement 14 October 2021). The purpose of the Initial Document is to request that the environmental body formulate the Environmental Impact Assessment Scoping Document (‘ESIA’) in advance of the commencement of the ordinary EIA procedure. The ESIA will be submitted to Extremadura New Energies within a period of 3 months from the date of the submission of the Initial Document.

City of Cáceres Mayor Mr Luis Salaya commented “this is good news, and this is what was asked of the company from all sides”.

The Initial Document provides information to relevant parties which includes detail on extraction, processing and also optionality on the possible locations of the fully integrated industrial lithium conversion facility (refer to Figures 1-4 below). This serves to further align the Project to local and regional stakeholders through a consultative process (ASX announcement 15 June 2022). The lodgement of the Initial Document follows calls for the technical presentation of the Project and the presentation of a letter in September 2022 to the Regional Government of Extremadura signifying Infinity and Extremadura New Energies’ commitment to an underground mine at San José.

In effect the commencement of the permitting process to submit the Exploitation Concession Application (equivalent to a ‘mining licence application’) and EIA will incorporate formal directives and recommendations from the Regional Government of Extremadura Department for Ecological Transition and Sustainability.

Click here for the full ASX Release

This article includes content from Infinity Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.