Why Infinity Lithium Receives a Favourable Urban Compatibility Ruling? Infinity Lithium Corporation Limited

Why Infinity Lithium Receives a Favourable Urban Compatibility Ruling?

Advancement in Exploitation Concession Application and PREMIA Project

San José, Cáceres - In a recent development, the local government of Cáceres has issued a positive urban compatibility report for the San José project. This report will play a crucial role in the final Exploitation Concession submission. Additionally, the highly anticipated PREMIA project application will be completed before submitting the Exploitation Concession Application.

Accelerated permitting and administrative assessment will be granted to the PREMIA projects, as they are recognized as regional projects of public interest. The CEO of Extremadura New Energies, Ramon Jiménez, stressed the significance of the Informe de Compatibilidad's finalization. He believes that it not only advances their permitting strategy but also has the potential to expedite the assessment of the PREMIA project. Jiménez hailed the recent progress in permitting and grant funding, which has received positive endorsement from multiple levels of government.

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He sees this as a promising step towards the rapid advancement of the battery value chain in Spain.

Urban Compatibility Report Secured

The San José project has received an encouraging urban compatibility report from the Cáceres Local Government. This report affirms that the project aligns with the urban environment and its associated regulations. The compatibility report will now be included in the final Exploitation Concession submission, which is a crucial step in obtaining the necessary approvals for the project.

PREMIA Projects: Regional Projects of Public Interest

The upcoming PREMIA projects hold great importance as they have been designated as regional projects of public interest. This recognition enables them to benefit from accelerated permitting and administrative assessment processes. This means that the projects will go through a streamlined review process, ensuring their timely implementation. The PREMIA project application will be finalized before the Exploitation Concession Application is submitted.

Potential Benefits for Extremadura New Energies

The CEO of Extremadura New Energies, Ramon Jiménez, expressed his enthusiasm about the recent advancements in permitting and grant funding. He acknowledges that these developments not only endorse the San José project but also pave the way for rapid progress in the battery value chain sector in Spain. He believes that the completion of the Informe de Compatibilidad is a significant milestone in executing their permitting strategy. Moreover, it has the potential to expedite the assessment of the PREMIA project.

The granting of accelerated permitting and administrative assessment for the PREMIA projects indicates the recognition of their regional importance. This recognition will ensure that the necessary approvals and assessments are streamlined, facilitating their implementation within the desired timeline.

Conclusion

The positive urban compatibility report received by the San José project from the Cáceres Local Government marks a significant step forward in the Exploitation Concession application. The inclusion of this report will strengthen the submission, increasing the likelihood of obtaining all necessary approvals. Moreover, the recognition of the upcoming PREMIA projects as regional projects of public interest is a promising development. The expedited permitting and administrative assessment they will receive will help fast-track their implementation. With these advancements, Extremadura New Energies looks forward to consolidating its position in the battery value chain sector and contributing to the energy transition in Spain.

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