Leo Lithium (ASX:LLL) reports it has appointed Ron Chamberlain as chief financial officer (CFO) and joint company secretary.
The company says Chamberlain is a ‘seasoned’ Perth-based ASX 100 and 200 resources-based CFO and company secretary with ‘extensive’ offshore experience including in the US, South Africa, Namibia, and Malawi in both operating and project environments.
It notes he has a strong background in finance including tax, treasury, risk, legal, and regulatory reporting and compliance in an international environment.
Speaking on the appointment, Leo Lithium Managing Director Simon Hay says the company is excited to welcome Chamberlain to Leo.
“Ron’s experience in projects and operations in a global setting including Africa will be a real asset to Leo. His experience, combined with his energy and leadership sets Ron up to be extremely successful in the role of CFO and joint company secretary.
“Ron’s experience in projects and operations in a global setting including Africa will be a real asset to Leo”
I would like to thank Joe Belladonna for his contribution to Leo Lithium and wish him all the best with his personal matters.”
Leo reports Chamberlain has experience in off-market commodities including uranium and lithium, having worked for 2 years most recently as CFO and company secretary for Peninsula Energy (ASX:PEN).
Chamberlain also spent 3 years at Vimy Resources (ASX:VMY) and 4 years at Paladin Energy (ASX:PDN) as CFO, and prior to this, Chamberlain was vice president of finance, US Operations at Iluka Resources (ASX:ILU).
The appointment follows the resignation of Joe Belladonna who decided to step down as CFO due to some recent non-work related personal issues.
Leo says Belladonna will finish at the end of November, and Chamberlain will commence in early 2023, and the company will put in place additional financial resources in the interim.
Leo Lithium is a lithium exploration and development company focused on the Goulamina Lithium Project in Mali with early stage development currently underway with first production targeted for the first half of 2024.
Goulamina is forecast to produce 506,000 tonnes per annum of spodumene concentrate, which will increase to 831,000 tonnes per annum under stage 2, which positions the project to be one of the largest spodumene projects.
Images: Leo Lithium Ltd & iStock
