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Infinity formalises backing for San Jose lithium

The market has positively reacted to news Infinity Lithium has formalised potentially big investment backing for its San Jose hardrock lithium venture in Spain from public-private partnership EIT InnoEnergy.

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The "multi-level" investment agreement starts small, initially seeing EIT providing €800,000 for feasibility study test work in return for shares at various pricings.

Another €2.