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Infinity Lithium's VP of Business Development anticipates ‘significant future supply shortage’

Vincent Ledoux Pedailles, vice president of European corporate strategy & business development at Infinity Lithium Corporation Ltd (ASX:INF), discusses with Proactive London's Andrew Scott the ongoing lithium hydroxide scoping study at their San Jose project in Spain.

He also talks through his expectations for the future demand and supply of the metal.

''On the demand side people are estimating it'll be multiplied by six in 10 years so growth of around 20% a year ... so you're asking supply to grow at the same rate and for any commodity or chemicals it'll be very difficult or pretty much impossible especially knowing how difficult it is to bring a lithium project on-stream''.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.083 AUD

ASX:INF
Market: ASX
Market Cap: $19.82 m
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Infinity Lithium agrees European funding deal for San José project

Infinity Lithium Corporation Ltd's (ASX:INF) Vincent Ledoux Pedailles speaks to Proactive London's Andrew Scott following the news they've signed an MoU for a multi-staged investment and assistance package with European Union’s (EU) EIT InnoEnergy. The initial part of the package is an...

on 25/3/20

2 min read