The status also grants expropriatory powers necessary for the development of access roads, power lines and supply pipelines. Credit: Steve Morfi/Shutterstock.

Australian Securities Exchange (ASX)-listed Infinity Lithium’s San José Lithium Project in Spain has been designated as a project of regional and general interest by the Regional Government of Extremadura, earning it Premia status.

The awarding of Premia status to the project ensures that the next stages of the ECA are prioritised and expedited across all regional government departments involved in the assessment.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

This comes after the stage one approval of a viable lithium resource at San José and the subsequent submission of stage two project documentation.

With the project now holding Premia status, the ECA documentation for the San José Lithium Project will be assessed using resources allocated to projects of distinction.

This status not only speeds up the permitting process but also grants expropriatory powers necessary for the development of access roads, power lines and supply pipelines.

See Also:

The Government of Extremadura has also announced additional benefits of the Premia status, including potential subsidies for employment and the recognition of the project as being of public utility or social interest.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Infinity Lithium managing director and CEO Ryan Parkin said: “The award of Premia status to San José highlights the exceptional standing of the project within a proactive government currently courting investment on downstream lithium-ion battery value chain initiatives.

“San José is a critical and strategically significant project for both Extremadura and the EU, and the foundation of regional ambitions through one of Europe’s largest lithium resources.

“The ability to fast track the permitting administrative processes is clearly beneficial and a major endorsement for the project.”