Proactive - Interviews for investors

Infinity Lithium’s San José Project recognised as strategically important

Episode Summary

Infinity Lithium Corporation Ltd (ASX:ING) general manager – Corporate Affairs Justin Samulski joins Proactive’s Meagan Evans to discuss the significant endorsement received for its San José Lithium Project in Spain. The Regional Government of Extremadura has granted the project PREMIA status (Proyecto Empresarial de Interés Autonómico), recognising it as strategically important to the region. This designation means that the assessment of the project’s Exploitation Concession Application (ECA) will be prioritised and expedited by regional government departments. The PREMIA status highlights the project's strategic importance for both Extremadura and the European Union. It will fast-track the permitting process, which is advantageous for the project's development. The PREMIA status was announced by Abel Bautista, Minister of Presidency, Regional Affairs and Social Dialogue, who emphasised the significant impact of such projects on employment and regional productivity. The declaration follows the successful stage 1 approval of a viable lithium resource at San José and the subsequent submission of stage 2 project documentation. The status will not only accelerate the permitting process but also facilitate infrastructure development and provide access to subsidies aimed at promoting employment. #ProactiveInvestors #InfinityLithiumCorp #ASX #SanJoséLithiumProject #Extremadura #Spain #PREMIAstatus #ExploitationConcession #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews