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Infinity Lithium Corporation strengthens board by appointing experienced industry executive

Proactive Investors Wednesday, 16 January 2019
Infinity Lithium Corporation Limited (ASX: INF) has strengthened its board by appointing lithium industry expert Vincent Ledoux-Pedailles as a director. Appointment of the European-based executive reflects the corporate requirements and core focus of Infinity as it advances the San Jose Lithium Project in Spain. Market experience Ledoux-Pedailles has been involved in the lithium industry since 2011 and has held roles monitoring metals and industrial minerals markets at Roskill. He also led the lithium and battery materials research team at London based global data and information service group HIS Markit. In this role he focused on basic chemical commodities and led the EMEA Chloralkali team. “Depth of industry expertise” Infinity managing director Ryan Parkin said: “Infinity is delighted with the outcomes of the lithium hydroxide scoping study and the appointment of Vincent to the Board of Infinity. “Vincent’s depth of industry expertise and strong network throughout Europe reinforces Infinity’s focus on engaging with potential strategic, technological and off-take partners in the progression of the San Jose Lithium Project in the world’s second largest electric vehicle market.”   Parkin said: “Vincent’s industry knowledge and expertise in the broader industrial chemicals market will provide immense value when considering the nature of offtake agreements in a highly specialised segment. “With his lithium market credentials, strong leadership qualities and team mentality, we are excited to welcome Vincent to the board to drive Infinity and the strategically significant San Jose Lithium Project forward.” Perspective in specialised lithium chemicals Covering the entire supply chain from the extraction of raw materials, their conversion to chemicals and battery materials used in cathodes, and the progression to end uses such as in electric vehicles, Ledoux-Pedailles brings perspective in highly specialised lithium chemicals. READ: Infinity Lithium makes key European appointment as San Jose project gains momentum Since the December quarter of 2018 Ledoux-Pedailles has been working as vice president of European corporate strategy and business development with Infinity, where he also presented at various global industry events. During this time the company also started trading on the Frankfurt and Stuttgart stock exchanges after completing the German dual listings over the summer period. These listings provided relevant platforms for European investors with a particular focus on German and Swiss investors. World’s second largest EV market The proximity of San Jose to growing European markets provides important strategic value to European cathode producers and lithium-ion battery cell manufacturers. This comes as Europe addresses supply to support what is projected to be the second largest electric vehicle market. READ: Infinity Lithium scoping study supports lithium hydroxide operation In November last year Infinity completed a scoping study valuing a future operation at the San Jose project at up to US$1.017 billion. The study envisioned a fully integrated hard rock lithium project from mining to production of battery-grade lithium hydroxide. - Jessica Cummins
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