Infinity Lithium subsidiary Extremadura New Energies maintains a 75% ownership interest in the San José Lithium Project. The Project is located approximately 3 hours from Madrid and 3.5 hours from Lisbon accessible by dual lane highway.
Infinity Lithium is well placed to provide battery grade lithium product to the large-scale battery plants from the proposed San José production facility. Infinity and Extremadura New Energies are looking at all ways to promote the San José Lithium Project using the highest standards of sustainability available.
The San José Lithium Project provides substantial advantages in supplying the European market through the use of one of the few economically viable sources of lithium raw material in the EU and strategic alignment of downstream processing facilities.
The Mineral Resource estimates for the San José Lithium Project referred to in this announcement were reported by Infinity Lithium Corporation Limited in accordance with ASX Listing Rule 5.8 in its announcement of 23 May 2018.
Cuberg’s lithium-metal battery production equipment and facilities in San Leandro, CA will be converted to manufacture lithium-sulfur, adding to Lyten’s current footprint in San Jose. Lyten’s expansion in manufacturing follows the October announcement of the company’s plans to build a 10 GWh lithium-sulfur gigafactory in Nevada.
SAN JOSE, Calif., Nov 13, 2024 – (BUSINESS WIRE) – Lyten, the supermaterial applications company and world leader in lithium-sulfur batteries, announced today that it will acquire Cuberg’s San Leandro lithium-metal battery manufacturing facility and cell making equipment.
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