Australia's Infinity Lithium gains on mining licence application for Spain project

Infinity Metals

03/10/2022 05:04

** Shares of Infinity Lithium Corporation Ltd  INF.AX  gain
as much as 11.1% to A$0.200, highest since Sept. 12 
    ** The minerals co says Mining Licence Application (MLA) and
Environmental Impact Assessment (EIA) application process
initiated for San Jose Lithium Project in Spain 
    ** Says it has directly responded to requests from the
regional and local governments to assess the project 
    ** Co says it has moved to solely control San Jose Joint
Venture entity Tecnologia Extremeña Del Litio S.L. through the
finalisation of payment obligations to JV partners Valoriza
Mineria S.L.U
    ** Stock has fallen 2.7% this year, as of last close 
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))