Australia's Infinity Lithium Corp jumps as unit inks renewable project deal

Infinity Metals

09/11/2022 24:11

** Shares of Infinity Lithium Corporation Ltd  INF.AX  rise
as much as 9.5% to A$0.230, their biggest intraday pct gain
since Oct 19 
    ** Australia-based minerals co says through its wholly-owned
subsidiary Extremadura New Energies announces the execution of
an agreement for a photovoltaic, methane and green hydrogen
project ('Renewable Project') aligned to the San José Lithium
Project  urn:newsml:reuters.com:*:nASXcc6BwT
    ** Co adds the Renewable Project will see Extremadura New
Energies partner with Enalter to establish the Renewables
Project JV company upon completion of an initial scoping phase
    ** Stock posts its highest since Oct 25
    ** Stock has risen 13.5% this year as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))