View this email in your browserAUSTRALIAN FINANCIAL REVIEW ARTICLEInfinity Lithium Corporation Ltd (ASX: INF; "the company" or "Infinity") notes an article published today by The Australian Financial Review which discusses the pressing need for Europe to develop it's own lithium-ion battery supply chain to feed the continent's demand for Electric Vehicles.Infinity Managing Director, Ryan Parkin, who is currently in Spain with members of the Infinity board and management, is widely quoted in this balanced piece which discusses the enormous demand within Europe for battery materials and outlines communication strategies designed to provide accurate information to local communities in relation to the production of high-value lithium chemicals. Quotes from the article include:“The first couple of weeks [of this trip] is really focused on local engagement.” he says. “We’re going to be talking with a lot of the major local stakeholders and institutions, business circles, charities, clubs.“They’ve got preconceptions about what a mine might look like – they think of Brazil or somewhere in Australia with a large tailings dam – and our project looks quite different. This is an opportunity to explain how our project can and will be executed with the utmost respect and consideration for the local community and environment.” ...Ryan Parkin Infinity Lithium Managing Director"The supply-demand equation in Europe should make lithium mining and processing a no-brainer. The continent has a huge automotive industry that is racing towards a battery-electric future, meaning potentially huge demand for lithium.""At the same time, the companies need to get there in a way that is compatible with Europe’s ambitious net-zero targets, and the continent wants to reduce its risky dependency on Chinese supply.""Back in Spain, Parkin also has the elements in place: there was a tin mine in the area in the 1960s; the bulk of the project is actually processing rather than mining; and there is more focus on training and job opportunities.""He has also upped the focus on the project’s green credentials, with a new sulphate roast process, a greater focus on renewable energy and green hydrogen to power the kiln."“Everyone in Europe is scrambling to capture some of this value in building a new industry. For these local communities, it takes time for them to adjust their attitudes and understand that this is an opportunity here, now,” Infinity MD, Ryan Parkin says. “It’s not something that can be passed over.”AFR Subscribers Click Here For ArticleFor further information please contact:Ryan ParkinInfinity Lithium Corporation LtdManaging Director/CEO+61 429 228 [email protected] RobinsonInfinity Lithium Corporation LtdInvestor Relations Manager+61 408 228 [email protected] © 2022 Infinity Lithium, All rights reserved.You are receiving this email because you opted in on our mailing listOur mailing address is:Infinity LithiumUnit 32, Level 322 Railway RoadSubiaco, Western Australia 6008AustraliaAdd us to your address bookWant to change how you receive these emails?You can update your preferences or unsubscribe from this list.
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