🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Southern Gold bolsters team with two new appointments targeting battery technology know-how

Published 24/07/2023, 11:29 am
© Reuters.  Southern Gold bolsters team with two new appointments targeting battery technology know-how

Southern Gold Ltd (ASX:SAU) continues to strengthen its leadership team with two significant appointments in the field of technology and battery innovation, which come on the heels of the recent announcement of a general manager for wholly owned subsidiary Iondrive Technologies Pty Ltd (IDT).

Technology commercialisation expertise

The company has appointed John Rock to the board as a non-executive director while Jeff Ritoe steps into the role of strategic advisor for the commercialisation of IDT’s battery technologies.

Rock's appointment brings a wealth of technology commercialisation expertise to the Southern Gold board.

His appointment as a non-executive director further augments Southern Gold's board. His strong leadership, entrepreneurial acumen and commercialisation experience are expected to provide valuable insights to the company's growth.

As a co-founder and director of OTB Ventures, Rock has been actively involved with the IDT business since its inception and his involvement is set to bolster Southern Gold's ability to manage projects effectively and drive successful outcomes.

Rock’s role at OTB Ventures involves finding, nurturing and commercialising early-stage university technologies, making him well-suited to drive technological innovation and advancement in the battery industry.

Critical mineral supply chains

Meanwhile, Ritoe's appointment brings the company extensive expertise in battery materials and critical mineral supply chains, with a focus on Europe and the US.

This experience is invaluable as Southern Gold accelerates the commercialisation of battery material technologies via IDT while continuing its core business of battery and precious metals exploration in South Korea.

Southern Gold managing director Robert Smillie said: “We are excited to welcome John Rock and Jeff Ritoe to our team. They bring valuable expertise and experience to Southern Gold.

“Their appointments signify our dedication to driving technological innovation and advancing the commercialisation of our battery technologies.

“With their contributions and our ventures in South Korea's raw material sector, we are well-positioned to make significant strides in the battery industry.”

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.