Australian Vanadium Limited (AVL) has appointed Tom Plant, most recently the interim chief financial officer of Leo Lithium Limited, to a similar role, effective 6 June.
As CFO, Plant will utilize his experience in the areas of debt and equity funding solutions, investment evaluation and corporate transactions to boost the company’s existing capabilities as it works to progress the Australian Vanadium Project.
His LinkedIn profile highlights over two decades of experience in corporate finance, mergers and acquisitions, project finance, strategy, due diligence, valuation, venture capital an,d treasury management.
Before joining Leo Lithium, he served as the CFO of Firefinch Limited and in various positions in investment banking and professional services companies such as Macquarie Group and Arthur Andersen.
Plant is a Chartered Accountant and holds and MBA in mineral economics from Curtin University, a Bachelor of Commerce from the University of Western Australia and a Graduate Diploma in Applied Corporate Governance and Risk Management from the Governance Institute of Australia.
AVL CEO Graham Arvidson said Plant’s experience in project finance and investment evaluation will help the company as it progresses its projects.
“His stewardship of the financial discipline of the company will ensure that a robust team of people, processes and systems are in place for delivery of successful operations, spanning our mining operations, vanadium electrolyte facility and downstream battery opportunities,” Arvidson added.
Meanwhile, Plant said he is excited to be joining the company at a “pivotal time” for the business and the vanadium industry as a whole.
“The company’s world-class Australian Vanadium Project is uniquely positioned to capitalise on the expected significant role vanadium redox flow batteries will play in delivering the required battery storage capacity,” he noted.
Interim CFO Liesl Strachan will continue to work within the company on the development of the finance function.
