Infinity Lithium Corporation Ltd (ASX:INF) has appointed Vincent Ledoux-Pedailles as vice president of European Corporate Strategy and Business Development.
This is part of Infinity’s broader locational shift as development continues to be more European and industry focused.
Vincent previously led the lithium and battery materials research team at the US$20 billion (market-cap) global data and information service group IHS Markit (NASADAQ:INFO).
Vincent Ledoux-Pedailles representing Infinity at London Metals Exchange (LME) conference
Infinity recently expanded the lithium hydroxide scoping study at its San Jose Lithium Project in Spain to include further hydroxide as well as lithium sulphate flowsheet development.
The expanded study comes after the company identified the hard-rock resource at San Jose has a natural advantage over brine producers due to a straight conversion process via a lithium sulphate transitional pathway.
READ: Infinity Lithium’s hard rock lithium holds market advantage over brine producers
Infinity managing director Ryan Parkin said: “We are delighted to welcome Vincent to Infinity to spearhead our European investment focus, and engagement with strategic partners.
“With his unique lithium focused background and European base we are certain he will help to drive Infinity and the strategically significant San Jose Lithium Project forward.”
Successful listing on the Frankfurt and Stuttgart Stock Exchange
Infinity is now active on both the Frankfurt Stock Exchange (FRA:3PM) and Stuttgart Stock Exchange (STU:3PM) after successfully completing the German dual listings over the European summer period.
The successful listing on the Frankfurt Stock Exchange and Stuttgart Stock Exchange will provide relevant platforms for European investors with a particular focus on German and Swiss investors.
Importantly, the sophisticated nature of German and Swiss investors in conjunction with progressive European emission policies provides an advantage for the San Jose lithium project.
European electric and ICE (internal combustion engine) vehicle targets
European demand for battery-grade lithium chemicals is predicted to accelerate based on the rapid expansion of cathode manufacturing and battery assembly investments in Europe, driven by the rapid adoption of electric vehicles (EVs) required to align with government EV proposals and emissions targets.
This was highlighted in July 2018 when CATL (SHE:300750) revealed a €240 million investment in a German-based factory as a first phase step into Europe and a €4 billion deal to supply battery cells to BMW.