Infinity Lithium Corporation Ltd (ASX: INF) is an Australian-listed mineral development company dedicated to advancing sustainable energy solutions in Europe through its flagship San José Lithium Project in Extremadura, Spain. The project represents the EU’s second-largest hard rock lithium deposit, positioning itself as a crucial element in Europe’s transition to renewable energy. With its focus on environmentally responsible mining and processing methods, Infinity Lithium aims to produce battery-grade lithium hydroxide for the European lithium-ion battery supply chain. The company’s integrated approach encompasses both mining operations and innovative processing technologies through its Infinity GreenTech division.
Battery Technology
Infinity Lithium’s technological advancement centers on its Li-Stream RPK processing technology, which marks a significant improvement in lithium production efficiency. This innovative system eliminates the need for natural gas by removing traditional steps such as beneficiation circuits, roasting, and calcining. The process utilizes generated steam to power mechanical equipment, achieving recovery rates exceeding 90%.
The company’s production facility is designed to yield approximately 33,000 tons of battery-grade lithium hydroxide annually. In February 2022, Infinity Lithium became the first project in the EU to successfully produce battery-grade lithium chemicals from its San José feedstock, demonstrating the viability of its sustainable processing methods.
The technology incorporates 100% underground extraction techniques to minimize environmental impact, coupled with electrified mining equipment. This approach aligns with European Union environmental standards while ensuring efficient production of high-quality lithium products for battery manufacturing.
Recent Projects
In recent developments, Infinity Lithium secured A$930,000 in funding to advance the San José Lithium Project. The Spanish Government has shown strong support through a A$31 million investment, recognizing the project’s strategic importance for regional development and Europe’s battery supply chain independence.
The company’s most notable achievement has been the successful production of battery-grade lithium hydroxide at Dorfner Anzaplan in Germany, validating their processing technology’s effectiveness and environmental sustainability.
Investors
Infinity Lithium has attracted significant investment from strategic partners, including EIT InnoEnergy, a public-private partnership supported by the European Commission. The initial investment package included €800,000 for feasibility studies and test work, with potential additional funding of up to €300 million for project development. Notable shareholders include Ramón Jiménez Serrano, holding approximately 0.1665% of company shares.
Business Details
Location: Subiaco, Western Australia
Website: https://infinitylithium.com
LinkedIn: https://www.linkedin.com/company/infinity-lithium-corporation-limited/
