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Spain

San Jose Project

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San Jose Project

Location: 3 km SE from Caceres, Spain

Project Contacts:

Extremadura New Energies Avenida de España 18, 2A
Cáceres
Spain
10001

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeUnderground
StagePermitting
Commodities
  • Lithium
Mining Method
  • Transverse stoping
  • Longhole stoping
Backfill type ... Lock
Project Timeline... Lock
Mine Life... Lock
SnapshotThe San José deposit is a highly advanced, previously mined brownfields development opportunity and represents one of Europe's largest lithium deposits.

On November, 2023, Infinity Lithium announced the completion of the Updated Scoping Study for the San José Lithium Project. The Study assesses the potential for the significant increase in production of battery grade, lithium hydroxide monohydrate from the Company’s proposed integrated lithium chemical conversion facility.

The Regional Government of Extremadura and the Mines Department continued the advancement and the assessment and review of the Project’s ECA. The submission of the stage 1 ECA documentation in Q1 2024, and subsequent confirmation of the viability of the San José lithium deposit as an exploitable lithium resource, enabled the lodgement of stage 2 documentation including the Project Exploitation (mining and processing), Rehabilitation & Restoration, and Environmental Impact Assessments documentation in Q2 2024.

Owners

SourceSource
CompanyInterestOwnership
Valoriza Minería 25 % Indirect
Infinity Lithium Corporation Ltd 75 % Indirect
San José resides within the Project special purpose vehicle TEL. Infinity retains 75% Project ownership through its wholly owned subsidiary Extremadura New Energies. Valoriza maintains 25% Project ownership, with Infinity maintaining an option to acquire Valoriza’s interest in the Project prior to the final investment decision.

Contractors

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SourceSource

Deposit type

  • Breccia pipe / Stockwork
  • Vein / narrow vein
  • Replacement

Summary:

San José is a zinnwaldite mica replacement deposit hosted by pelitic shales of the Central Iberian Zone, with lithium mineralisation occurring predominantly within the slates and to a lesser degree in the quartz carbonate veins which have been historically mined for tin. The rock which hosts mineralisation at San José is comprised roughly in equal parts mica, quartz and tourmaline.

San José is a bulk-style deposit. Mineralisation at San José has not been closed off and is open at depth and along strike.

The San Jose Deposit was formed by an amalgamation of quartz and quartzpegmatite veins, which formed a stockwork hosted by metasediments. The mineralisation is disseminated in both the host as lithium micas and the veins hosting tin as cassiterite, lithium as amblygonite-montebrasite and minor tungsten as wolframite. The lithium is found mainly in the micas of muscovite-fengite type in the host rock and in lesser proportion in the amblygonite-montebrasite of the veins.

Primary mineral occurrences in the area appear to be of 3 types, lodes, stratabound or stratiform. The lode deposits are essentially quartz vein or stringer systems that fill late-Variscan Orogeny fractures and carry tin and/or tungsten minerals. Most of these occurrences, even if they are hosted by meta-sediments are regarded as being related to the ubiquitous lateVariscan granitic intrusions.

Mineralisation within quartzite is typically low-grade. The pervasive nature of mineralisation (broad, relatively homogeneous distribution) is likely derived from a deep-seated intrusive source. Mineralisation is open at depth and has not been closed off by drilling.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityProductUnitsAvg. AnnualLOM
Lithium Hydroxide t 30,495792,871

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
Annual production capacity  ....  Subscribe
Annual processing capacity  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
* According to 2023 study.

Production Costs

CommodityUnitsAverage
Credits (by-product) LiOH USD  ....  Subscribe
C1 cash costs LiOH USD  ....  Subscribe
Assumed price LiOH USD  ....  Subscribe
* According to 2023 study / presentation.
** Net of By-Product.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M EUR  ......  Subscribe
UG OpEx $M EUR  ......  Subscribe
Backfill costs $M EUR  ......  Subscribe
Total OpEx $M EUR  ......  Subscribe
Gross revenue (LOM) $M EUR  ......  Subscribe
EBITDA (LOM) $M EUR  ......  Subscribe
Pre-tax Cash Flow (LOM) $M EUR  ......  Subscribe
Pre-tax NPV @ 8% $M EUR  ......  Subscribe
After-tax NPV @ 8% $M EUR  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Required Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 22, 2024
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Nov 22, 2024

EmployeesYear
...... Subscription required 2023

Aerial view:

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