Infinity Lithium jumps on extending lithium offtake MoU

Infinity Metals

22/06/2022 05:35

** Shares of Infinity Lithium Corp  INF.AX  rise as much as
8.7% to A$0.125, their best intraday session since June 8
    ** Says it has extended its memorandum of understanding
(MoU) with South Korea's LG Energy Solution  373220.KS  for a
lithium offtake  urn:newsml:reuters.com:*:nASX74YL2J 
    ** Adds that discussions are progressing for a long-term
supply of battery grade lithium hydroxide to LGES
    ** Stock down 37.8% YTD, as of last close

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))