Infinity Extends MoU For Offtake With LG Energy Solution

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) and LG Energy Solution (‘LGES’), collectively ‘the Parties’, have agreed to an extension of the Memorandum of Understanding (‘MoU’) to advance discussions relating to the future definitive offtake agreement for battery grade lithium hydroxide from the San José Lithium Project (‘San José’, or ‘the Project’) in Extremadura (refer to ASX announcement 28 June 2021).

HIGHLIGHTS

• Infinity and LG Energy Solution advance discussions to formalise long-term offtake agreement and agree to extend offtake MoU.
  
• LG Energy Solution has the potential to benefit through sourcing battery grade lithium hydroxide from San José for European based lithium-ion battery production.

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