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2021-03-17 by Proactive Australia Infinity Lithium Corporation Ltd (ASX:INF)(FRA:3PM) welcomes the key priorities for the EU battery value chain as outlined in the 5th Ministerial Meeting of the European Battery Alliance on March 12, 2021, which enhance the position of its San José Lithium Project in Spain. The meeting prioritised sustainable local sourcing and processing of raw materials used in batteries with the San José project in the spotlight. A key issue was public funding aligned to raw materials through coronavirus recovery and resilience plans and through the European Investment Bank (EIB). Strengthening local sourcing European Commission vice-president Maroš Šefčovič stated that it was essential for Member States to strengthen the sustainable local sourcing and processing of raw materials used in batteries, calling for greater mobilisation of public funding under COVID-19 national recovery and resilience plans for raw and advanced materials.

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