Commitment to the Community
Infinity Lithium Corporation and Valoriza Mineria are working together to create a world class project that is close to the town of Caceres. Both Companies are committed to world’s best practice operations and rehabilitation at the end of the life of the project. It is possible that the lithium hydroxide processing facility could operate for much longer, after the mine is completed, processing lithium ores from around the world.
The San Jose project has a substantial lithium resource that is considered to one of Europe’s largest. The project is projected to be mined for up to 19 years whilst the production of battery grade lithium hydroxide is expected to continue for 30 years.
Once the project is established Infinity expects that over 200 people will be directly employed at the minesite and processing plant. An additional 1,000 people gaining employment through supporting activities, providing real opportunities to the local community after Spain’s significant investments in infrastructure.
The vehicle manufacturing sector, second in size in Europe only to Germany’s automotive industry, is a major part of the Spanish economy, accounting for approximately 10% of GDP. The San Jose project has a valuable role to play in the ability of Spain to maintain a leading role in this industry as vehicle manufacturing increasingly involves electric vehicles.
“Extremadura, una región minera en Europa”
“Extremadura, a mining region in Europe”
The region is proactive in mining, from gold to lithium, Extremadura is negotiating with 230 new mining projects
The region support project development:
W Resources and its tungsten project at La Parilla was awarded a grant of €5.3M by the Junta de Extremadura Government
• More than 200 jobs created directly and approximately another 1,000 supporting development roles
• Infinity is planning to spend on labor the equivalent of >300,000 times the average monthly budget that half of the population lives on in Extremadura
Infinity’s San Jose Project
Potentially > US$1 Billion in tax for the region - VAT derived from the San Jose Project retained within Extremadura
Western Australia Capitalizing On Its Lithium Resources
A few of some of the recent headlines…
Lithium 'buzz' could be worth hundreds of billions to Australia WA Today
Lithium worth ‘hundreds of billions’ to WA The West Australian
Jobs boom as lithium plant gets state approval WA Today
Lithium could give WA its next mining boom Perth Now
WA set to take 'box seat' in booming global lithium industry ABC
Lithium Job Boost - $1Bn plant to create hundreds of Jobs The West Australian
Lithium Valley could be established in WA just as Silicon Valley happened in California Lithium Valley Report
“WA needs a plan and the strategy otherwise the long term benefits of the current energy metals boom will be lost”
Lithium to generate billions of $ to the region
Lithium to provide thousands of jobs to the region
Lithium to support the community and generate growth
Spain also has the opportunity to capitalize on its lithium resources
The San Jose project has the second largest lithium resource in West Europe and could generate significant revenue for the region and hundreds of job, as well as creating a new industry for Spain to capitalize on.