Name of the Project
San Jose lithium/tin project.

Location
The project is located in the Extremadura region of Spain.

Client
Infinity Lithium, formerly Plymouth Minerals.

Project Description
A scoping study has demonstrated the potential for a robust lithium development at the San Jose project.

The project has estimated indicated resources of 23.9-million tonnes and inferred resources of 68.3-million tonnes.

The study recommends mining lithium mica and treating this material using a sulphate-roast and water-leach process to produce battery-grade lithium carbonate on site.

Conventional drill-and-blast and truck-and-shovel openpit mining methods will be employed. All material will be drilled, blasted and loaded by an excavator in backhoe configuration onto articulated dump trucks. 

The trucks will haul high-grade ore using an appropriately constructed haul road to the on-site process facility. 

Lower-grade ore will be hauled to an ore stockpile and stored for processing once all the higher-grade ore has been depleted. 

Waste rock will be directly hauled by the same trucks to an appropriately constructed waste dump.

The operation has a potential life-of-mine of 24.1 years.

The process plant will treat about 1.25-million tonnes of ore a year to produce an estimated 15 000 t/y of battery-grade lithium carbonate.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a base case net present value, at an 8% discount rate, of $401-million and an internal rate of return of 28%, with a payback from the start of production of 2.7 years.

Value
Preproduction capital is estimated at $273-million, with the mineral and hydrometallurgy processing components making up the major cost component of producing lithium carbonate on site.

Duration
Not stated.

Latest Developments
Infinity Lithium is scouting for a strategic partner for the San Jose project or to enter into a corporate transaction that “builds shareholder value, MD and CEO Ryan Parkin has said.

The company is nearing the completion of a scoping study for lithium hydroxide at San Jose, which will assist in determining the progression of the feasibility study to either a lithium carbonate or hydroxide battery chemical product.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Infinity Lithium, tel +61 8 6461 6350 or email admin@infinitylithium.com.