Global Lithium Resources Limited has appointed Geoff Jones, a highly-experienced mining executive and company director, as Non-Executive Chairman.
“In Geoff, we have appointed an experienced mining professional who has the technical background of delivering major mining projects in Western Australia, which will be particularly valued as we advance the Manna Lithium Project. We look forward to welcoming Geoff to the Company and having his contribution as Global Lithium progresses the Manna Lithium Project through its DFS and beyond,” Global Lithium Managing Director Ron Mitchell said.
Warrick Hazeldine, Chair of Global Lithium’s Initial Public Offering, stands down as Chair and will remain a Non-Executive Director of the Company.
“The Board of Global Lithium would like to thank Warrick for his significant contribution which has been integral to the rapid growth of the Company. As Chair, Warrick has overseen Global Lithium’s incredible journey from a private company heading into our Initial Public Offering (IPO), to listing on the ASX in May 2021 and now cementing a well-capitalised position with a growing team and resource base,” Mitchell stated.
According to the Company, the ongoing growth of Global Lithium since its IPO listing two years ago has resulted in the Company completing a number of key milestones. The significant advancement of development studies across the Manna Lithium Project has provided the Global Lithium Board with the chance to examine its combined skill set moving forwards. To ensure an orderly transition, Hazeldine will stay with Global Lithium as a Non-Executive Director until the Chair transfer takes place on 15 May 2023.
With the recent announcement of large-scale exploration programs, research work, and the key milestone of the successful lodgement of a mining lease at Manna, the Board determined that its composition should change with the Company’s expansion. Global Lithium thinks Jones’ appointment as Non-Executive Chairman adds a broad expertise and development experience needed to realise Manna’s potential.
Jones has over 35 years of engineering, project execution, and management expertise in minerals processing and civil engineering in Australia and abroad. Global Lithium hired Jones, a mining project customer and EPC/EPCM contractor with extensive experience. Jones’ knowledge will help Globsl Lithium advance the Manna Lithium Project through this year’s Definitive Feasibility Study (DFS) and a targeted Final Investment Decision (FID) in CY2024.
“I am delighted to be joining Global Lithium at this exciting time in the Company’s evolution. I am particularly excited with Global Lithium’s upcoming +50,000 metre exploration program at Manna where we are looking to materially increase the MRE to support a large-scale lithium mine,” Jones said.
Hazeldine commented, “I would like to thank the GL1 team, Board, shareholders, advisors and other stakeholders for backing the vision of GL1. It is an exciting time, of unprecedented activity, to be at the forefront of the global energy transition. Importantly, WA’s hard rock lithium sector is a key enabler of this energy transition. I look forward to maintaining an active role on the GL1 Board and transferring the GL1 knowledge and relationships to Geoff over time.”
