viewInfinity Lithium Corporation Ltd

Infinity Lithium director discusses widening gap in battery supply chain

Vincent Ledoux Pedailles, executive director of corporate strategy at Infinity Lithium Corporation Limited (ASX:INF) updates on developments ahead of the planned release of their PFS in Q2.

As far as the wider industry's concerned, he says one of the big issues we have at the moment is the widening gap in the supply chain with raw materials.

''The gap has clearly been identified by the EU, by a number of European countries and also by the automotive industry''.

''If you look at some of the numbers it's estimated that in Europe, by 2030, we'll be producing around 13 million electric vehicles and those vehicles will require twice the amount of batteries we are producing today globally - and that's only in Europe''.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.086 AUD

Market: ASX
Market Cap: $24.22 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