--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20190808-infinity-lithium-abandons-potash-projects-in-gabon/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Infinity Lithium abandons potash projects in Gabon Publication Date: 2019-08-08T11:23:39-04:00 Last Updated: 2019-08-21T20:49:10-04:00 Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Infinity Lithium abandons potash projects in Gabon](https://www.fertilizerdaily.com/wp-content/uploads/2019/08/Jul0919_Infinity_BN.jpg) Infinity Lithium sees significant opportunity in lithium industry. The Australian company Infinity Lithium has decided to sell its wholly-owned subsidiary Equatorial Potash, carrying out its Banio and Mamana potash projects in Gabon, and it has signed a binding Letter of Intent for the sale, however the buyer has remained unnamed. Under the terms of the agreement, the investor receives an option to purchase Equatorial Potash for $3 million. “Gabonese potash assets are proven deposits with great potential. However, Infinity Lithium is now focused solely on the lithium industry,” said Ryan Parkin, Managing Director of Infinity Lithium. Now Infinity Lithium will be involved in the San Jose Project (Spain). Tags: [Gabon](https://www.fertilizerdaily.com/tag/gabon/), [Infinity Lithium](https://www.fertilizerdaily.com/tag/infinity-lithium/), [potash](https://www.fertilizerdaily.com/tag/potash/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.