Proactive Investors - Run By Investors For Investors

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''.

Meet Cardinal Resources Ltd, Legend Mining Ltd, Danakali Ltd, Predictive Discovery Ltd and Alliance Resources Ltd at our event, Melbourne , 16 July 2019. Register here »
View full INF profile View Profile

Infinity Lithium Corporation Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use