Infinity Lithium

Regional Grant Funding Awarded For Strategic Training Programs

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) is pleased to note the Regional Government of Extremadura has now declared “Strategic” qualification to the battery training and development programs offered through the Company’s wholly owned subsidiary Extremadura New Energies.


  • Grant funding to be provided for Extremadura New Energies’ training programs.
  • The Regional Government of Extremadura declares the training programs of special interest for the region and awards “Strategic” qualification.

The Extremadura Public Employment Service (‘SEXPE’), part of the Regional Government of Extremadura, will provide grants through public funding for its advancement in the coming months to advance these initiatives. The commitment for funding is the first grant aligned by the Regional Government of Extremadura to the San José Lithium Project (‘San José’, or ‘the Project’).

The resolution issued by SEXPE recognises that the Extremadura New Energies’ business project is of special interest for the region due to its significant impact on employment opportunities and evolution of industry potential in Extremadura. SEXPE has also recognised that Extremadura New Energies, in its continued collaboration with EIT InnoEnergy, is the only group successfully carrying out technical training plans in lithium technology in Extremadura. The training and development programs were established through the European Battery Alliance EBA250 Battery Academy.

Ramón Jiménez, CEO of Extremadura New Energies commented“We are really proud to lead with the development career pathways and the progression of new industries for the region against the backdrop of the inevitable rapid evolution to e-Mobility. The SEXPE decision recognises Extremadura New Energies’ business project as of special interest for the region of Extremadura, and as the only one carrying out technical training plans in lithium technology.

The funds committed to the programs reinforce our commitment with the city and the citizens of Cáceres. Through the progression of San José, we are facilitating generational opportunities which align our increased efforts in training future workers for our Project through launching the second edition of the established courses. We will continue to collaborate with local and regional stakeholders to ensure the benefits of this world class project are in concert with the people.”

Extremadura New Energies executed an agreement with the European Battery Alliance for the provision of training and development courses following significant consultation with local business, industry and the community groups (refer to ASX Announcement 27 April 2022).

Infinity and Extremadura New Energies have previously announced the alignment of training and development courses to the local community of Cáceres and region of Extremadura, including courses and programs offered through Círculo Emprassrial Cacerño (refer to ASX Announcement 3 March 2022) and Cáceres Chamber of Commerce (refer ASX Announcement 8 July 2022).

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.

The Conversation (0)
  Diatreme Resources Limited

Mineral Resource Upgrade Paves Way for Northern Silica Project PFS

Emerging silica sands developer, Diatreme Resources Limited (ASX:DRX) announced today a significant upgrade to the estimated Si2 Mineral Resource at the Company’s Northern Silica Project (NSP) in Far North Queensland, highlighting the critical mineral project’s potential amid an accelerating solar energy boom.

Keep reading...Show less
Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") has entered into a Royalty Purchase and Sale Agreement with VDI Resources LLC (VDI), a subsidiary of VerAI Discoveries Inc. (VerAI), an artificial intelligence (AI) powered mineral discovery generator, pursuant to which the Company agrees to grant to VDI a 1.5% net smelter return royalty on certain target areas with recommended drilling locations generated by VerAI utilizing its proprietary AI technology. The Company agrees to grant VDI an additional 1.5% NSR in return for funding a drill program for testing of the targets identified by VerAI on the Belfast TeckMag Project, a 350 sq. km. land package located northeast of Sudbury, Ontario.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less


/Not for distribution to U.S. news wire services or dissemination in the U.S./

Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on May 15, 2024 to shareholders of record on April 30, 2024 . This represents an increase of 8% to the monthly dividend. Source Rock has now increased its monthly dividend by 30% since March 2023 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
  Rimfire Pacific Mining Limited

Compelling Cobalt Copper and REE Targets Identified at Broken Hill

Rimfire Pacific Mining (ASX: RIM, “Rimfire” or “the Company”) is pleased to advise that multiple cobalt, copper, and Rare Earth Element [REE] targets have been identified at its recently expanded 100% - owned Broken Hill Project which is located 17-30 kilometres west of Broken Hill, NSW (Figures 1 and 2).

Keep reading...Show less
Reach Resources

Rights Issue and Shortfall

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to announce it has received $822,595 from the recently completed non-renounceable rights issue.

Keep reading...Show less
Various commodities atop a stock chart.

McKinsey: Commodities Trading Generated US$104 Billion in 2023

A recent report from McKinsey highlights trends seen in commodities trading over the past year.

The document shows that despite global uncertainty, commodities trading generated over US$100 billion in earnings before interest and taxes in 2023, translating into more than US$150 billion in gross margin.

McKinsey mentions challenges related to COVID-19 and geopolitical conflicts, such as increased price volatility and supply chain disruptions, but notes that commodities trading value pools have show resilience.

Keep reading...Show less

Latest Press Releases

Related News