Breaking News
Investing Pro 0
Cyber Monday SALE: Up to 54% OFF InvestingPro+ CLAIM OFFER

Latin Resources recruits leading lithium director for board seat

Stock Markets Oct 04, 2022 11:30
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. Latin Resources recruits leading lithium director for board seat

Latin Resources Ltd (ASX:LRS) has added nearly 20 years of lithium leadership to the team following its latest board appointment.

Experienced C-suite leader Peter Oliver has joined the team as a non-executive director, bringing with him a global M&A, financing and mine management skillset.

The ASX-listed minerals explorer, which is exploring projects in South America and Australia, will use Oliver’s expertise to steer its cornerstone Salinas Lithium Project through development.

Prior to his appointment at Latin, Oliver advised battery metals giant Tianqi Lithium. Before that, he helmed subsidiary Talison Lithium, which owns and operates the world’s largest lithium mine – Greenbushes in Western Australia.

Taking Latin to “next level of development”

Commenting on the new board recruit, Latin managing director Chris Gale said he was delighted to welcome Peter Oliver to the company as it entered its next phase of growth.

“We will soon be confirming our maiden JORC resource, then our preliminary economic assessment, followed by our definitive feasibility study (DFS) in 2023 at the Salinas Lithium Project’s 100%-owned, high-grade Colina lithium prospect,” Gale explained.

“We have built an extremely strong team at Latin and are well positioned to create real shareholder value as we remain on track to deliver the mineral resource estimate in December this year.

“The addition of Peter’s corporate skillset and extensive lithium experience to the board gives us great confidence to take Latin to the next level of development once our DFS is produced.”

Oliver: Salinas has “great potential”

Peter Oliver has a background in chemistry and has spent many years working in the Western Australian mining industry.

Latin’s new non-executive director held many roles during his tenure at Talison, including chief operating officer, CEO and managing director.

Serving as chief executive in 2010, Oliver led Talison’s initial public offering, taking the company public on the Toronto Stock Exchange.

He oversaw several major expansions and the company’s eventual sale to Tianqi Lithium, after which he advised on acquisitions, facility construction and the upgrade of Greenbushes’ lithium concentrate production capacity.

Until June 2021, Oliver remained a non-executive director of Talison Lithium under a joint venture between Tianqi Lithium and Albemarle Corp.

Oliver said of his appointment: “After being approached by Latin Resources, it was obvious to me the Lithium asset at Salinas has great potential to become a world-class producer of lithium, supporting both the North American and European push towards a decarbonised future.

“The company has a terrific team and a great leader, and I look forward to working with them and the board in the strive towards production.

“It’s an honour to be invited to join this exciting and progressive group.”

Read more on Proactive Investors AU

Disclaimer

Latin Resources recruits leading lithium director for board seat
 

Related Articles

Crypto lender BlockFi files for Chapter 11
Crypto lender BlockFi files for Chapter 11 By Reuters - Nov 29, 2022 1

(Reuters) - U.S. cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight affiliates in a New Jersey court, the latest...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email