Australia's Infinity Lithium hits 1-week high on permit update at Spain project

Infinity Metals

23/01/2023 24:36

** Shares of Infinity Lithium Corp  INF.AX  climb as much as
8% to A$0.135, their highest since Jan. 16
    ** Says court ruling confirms General Urban Development Plan
of Cáceres allows extraction activity and industrial development
in key areas within the San José lithium project in Spain
    ** Adds areas within the project tenure can facilitate the
construction of a lithium hydroxide plant
    ** More than 1.5 mln shares have changed hands, compared
with the 30-day average of about 820,000 shares 
    ** Stock down ~35.1% in 2022
 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))