Infinity Lithium secures EU funding to develop Spanish San Jose lithium project

By Dalila Ouerghi
Published: Thursday, 26 March 2020

Australian exploration company Infinity Lithium has signed a memorandum of understanding (MoU) for a multi-staged investment and assistance package to secure funding for its San Jose lithium project in Spain.

The company signed the MoU with the European Institute of Innovation &Technology (EIT) initiative, Innoenergy, which supports innovation for sustainable energy.

The initial part of the package entails an investment in Infinity of a staged €800,000 ($866,660) at a 66% premium to its last traded stock price. The aim...

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