Finally!!! In english for those that struggle to translate.... The Board grants the Exploration Permit to Extremadura New EnergiesThe Ministry of Ecological Transition has granted the Exploration Permit to Extremadura New Energies, which represents a new advance in the administrative processing of the integrated lithium processing industrial project that the company is promoting in Cáceres.ENE welcomes this decision, and will present the request for a Concession Pass to the Junta de Extremadura once the Exploration Permit has been obtained, which will begin the formal procedure to start the corresponding environmental impact studies.During this procedure, the integrated industrial project will be presented, which includes a 100% underground extraction and a lithium hydroxide production plant. A project that, in addition, will incorporate the recommendations and comments made by the technicians of the regional government and the City Council in response to the start-up document registered in October by the company.In this way, the company continues with the administrative processing of an industrial initiative that will involve an investment of 600 million euros and the creation of 1,500 jobs during the two years of construction and 700 direct jobs during its useful life.It should be remembered that Extremadura New Energies has presented a new project that responds to the highest environmental sustainability standards of the European Union, with, among other things, hydrogen power, use of electrical machinery, an innovative lithium extraction process and more sustainable and work models that aim to minimize emissions and discharges 0.
INF Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
