Infinity Lithium Advances Government Support for Spanish Project

Infinity Lithium Corporation Limited ( (AU:INF) ) just unveiled an announcement.

Infinity Lithium Corporation Limited has made significant progress in securing government financial assistance and support for its Direct Exploitation Concession Application in Spain. The company has engaged with regional and federal government officials to discuss additional documentation and financial support avenues, including regional incentives and FAIP loan facilities, which could cover up to 20% of the investment. This strategic move aligns with the company’s efforts to expand its mineral exploration and development projects, contributing to sustainable growth and local development.

More about Infinity Lithium Corporation Limited

Infinity Lithium Corporation Limited operates in the mining industry, focusing on lithium extraction and development projects. The company is engaged in mineral exploration and development, with a particular emphasis on lithium resources, which are crucial for the green energy sector.

YTD Price Performance: -10.0%

Average Trading Volume: 304,714

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.49M

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