San José Lithium Project

A good read . Looking positive

Regional Government:
Extremadura
The parties aligned under the coalition that created the newly formed Regional Government of Extremadura announced an agreement immediately following the finalisation of the governing regional coalition, which highlighted the critical importance and commitment to resource and industrial projects in the region.

The executed agreement included the following:"22. We will promote in regional, national and European bodies the exploration and exploitation of our own resources, as a way to reduce dependence on the outside world and strengthen energy and industrial sovereignty"."23. We will protect energy and industrial assets threatened for ideological reasons”.

The Company welcomed the visible and transparent alignment of Extremadura to the strategic requirements of Europe to secure crucial raw materials and processing capacities to meet the significant targets to be finalised under the Critical Raw Act.

Infinity CEO and Managing Director Ryan Parkin commented “We welcome the announcement of the coalition in Extremadura and the finalisation of a new, proactive and dynamically aligned local and regional government.

The agreement between the parties in Extremadura has once again highlighted the critical importance of San José for the local community, and Europe, against the backdrop of increasing requirements for volumes of battery grade lithium chemicals to meet targets set under the Critical Raw Materials Act.

It is clear San José’s potential to provide meaningful and long-term supply can align generation opportunities for the local community and greater Extremadura region.

IMO