INF:ASX - INFINITY LITHIUM - Lithium production in Europe

1 déc. 2020

I heard about INF on a YouTube video comparing ASX listed battery stocks with an overseas presence and Infinity was one of those mentioned especially as it was a hard rock resource. Might be worth having a look.

From their home page:

Infinity Lithium Corporation is an Australian listed minerals company who is seeking to develop its 75% owned San Jose Lithium Project and produce battery grade lithium hydroxide in Spain. Supply response is needed to satisfy Europe’s burgeoning energy storage needs through feeding the large-scale battery plants currently under construction.

The San Jose deposit is a highly advanced, previously mined brownfield development opportunity representing EU’s second largest lithium deposit. Infinity Lithium will mine the hard rock Mica resource and develop processing facilities to provide a long term, low cost, and sustainable European mine-to-end-product lithium hydroxide operation.

2 déc. 2020

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Broken above resistance. Look for a re-test potentially and then hopefully a run.

19 janv. 2021

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Nice fat 80% move since original post.

25 janv. 2021

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Almost 20% pull back to support. Looking for another entry if it starts to move back up.