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Infinity Lithium signs MOU with LG Energy Solutions

Infinity Lithium and LG Energy Solution signed an MOU on 28 June for the offtake for the long-term supply of battery grade lithium hydroxide from the San Jose Lithium Project.

Infinity CEO and Managing Director Ryan Parkin commented, “We are delighted to announce the commencement of a long-term commercial relationship with a tier-one partner LG Energy Solution, welcoming the potential to support a leading lithium-ion battery producer to secure essential facets of the supply chain.”

Infinity Lithium is an Australian listed minerals company who is seeking to develop its 75% owned San Jose Industrial Lithium Project located in Spain.

The project will be developed by open pit methods with the ore treated and refined onsite to produce high quality, battery grade lithium hydroxide.

Infinity’s goal in the long term is to supply the European lithium-ion battery supply chain and EV industry.

Read more here: https://lnkd.in/grJDZTn

스페인에서 진행중인 산호세 리튬 프로젝트의 75%를 소유하고 있는 호주의 상장된 광물 회사인 Infinity Lithium과 LG 에너지 솔루션은 6월28일 수산화리튬 공급을 위한 구속력 없는 양해각서(MOU)를 체결했습니다.

이 프로젝트는 광석을 현장에서 처리하고 정제하여 고품질의 수산화리튬을 생산하는 오픈 피트 방식으로 개발 될 것입니다.

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Liz Griffin – Executive Director
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The Australia-Korea Business Council is the leading national body committed to strengthening the Australia-Korea economic relationship.