Monitor compatability

Yes that LG monitor will work using an HDMI cable from the Mac Mini's HDMI port.

Optionally you can also use a USB-C to HDMI adapter or a USB-C to DVI adapter.

For more info on connecting display(s) to the Mac Mini's,

see > https://support.apple.com/guide/mac-mini/connect-a-display-apd8e4fbbb97/mac

That monitor has a resolution of 1920x1080, and has an HDMI input.

LG E2442V LED monotor specs: https://www.cnet.com/products/lg-e2442v-led-monitor-full-hd-1080p-24/

It appears to meet the specs for use with the M1 Mac mini.

From Mac mini (2020) tech specs:

Simultaneously supports up to two displays:

• One display with up to 6K resolution at 60Hz connected via Thunderbolt AND

• One display with up to 4K resolution at 60Hz connected via HDMI 2.0

Thunderbolt 3 digital video output supports:

• Native DisplayPort output over USB‑C

Thunderbolt 2, DVI, and VGA output supported using adapters (sold separately)

HDMI 2.0 display video output supports:

• One display with up to 4K resolution at 60Hz

DVI output using HDMI to DVI Adapter (sold separately)