– UK, London – CleanTech Lithium PLC (LON: CTL | FRA: T2N | OTC: CTLHF), an exploration and development company advancing the next generation of sustainable lithium projects in Chile, today announced the appointment of Maha Daoudi to its Board as an Independent Non-Executive Director alongside Steve Kesler moving from Non-Executive Chairman to the role of Executive Chairman, both with immediate effect.
“I am delighted that Steve is moving to Executive Chairman and Maha is joining the Company on our journey to producing the greenest lithium for the EV market. They both bring a diverse set of skills that will help drive the Company into the next phase, all the while strengthening our position in the lithium market,” said CEO, Aldo Boitano,.
Ms. Daoudi will join the audit and remuneration committees.
About Steve Kesler,
Steve Kesler has a hydrometallurgy background and, as General Manager, operated the largest uranium project in the world, Rossing Uranium, using ion exchange technology that has many similarities to DLE. He has 45 years of senior management, CEO, and director experience for multiple mining companies across many commodities and jurisdictions. Most notably this has included being responsible for growing Escondida in Chile from its start-up capacity to become the largest copper mine in the world and as its first CEO taking Collahuasi in Chile from exploration through feasibility, permitting, offtake, financing,g and into construction to become the second largest copper mine in the world. This included being CEO when Collahuasi completed its US$1.76bn financing that comprised a US$1.05bn debt finance package with Mitsui and Nippon Mining entering the project. He also has considerable prior lithium experience having been the CEO of European Lithium Ltd, an ASX-listed company. Having spent a large part of his mining career in Chile he is well placed to work together with Aldo in guiding the growing executive team to fulfill its ambition to be the greenest lithium supplier to the EV market.
About Maha Daoudi
Maha Daoudi has been appointed as an independent non-executive director at CleanTech Lithium, having spent 20+ years in the commodities and energy transition industries, across the entire value chain. She holds French and Moroccan nationality and currently resides in Switzerland. She has held Board and Senior level management roles at several large organizations, including Trafigura, one of the largest international trading houses, where she was the Global Head of Copper Concentrates Trading. She has been the architect of significant offtake agreements and involved in large investments in mining, smelting,g, and warehousing in support of trading businesses in China, Latin America, Europe,e and Africa. She holds a Master’s degree in International Business and Strategic Management from Toulouse Business School, a Master’s degree in Design (focusing on social innovation services) from Lucerne University of Applied Sciences and Arts, as well as an Executive Management degree in Leadership and Strategic Development. She speaks Arabic, English, French and German. Ms Daoudi’s appointment will take immediate effect, and she will be advising the Company on its business strategy, marketing, operations, and expansion plans. She will also participate in the ESG Committee that the Company is in the process of establishing. Her involvement in various social impact initiatives helping women succeed professionally is also noteworthy.
Maha Daoudi said: “I am very excited to join CleanTech Lithium and look forward to working with the Board and management team as we make progress towards production. Considering the prospects that Direct Lithium Extraction offers, combined with CleanTech Lithium’s experience, I believe this is an opportunity to make a positive impact on the commodities and mining industries. Lithium plays a crucial role in the decarbonization of our economy and if we are to achieve this transition, we need to ensure we source lithium in the most environmentally and socially sound manner possible. I believe CleanTech Lithium will play a significant role in achieving this.”
About CleanTech Lithium
CleanTech Lithium is an exploration and development company, advancing the next generation of sustainable lithium projects in Chile. Proudly sustainable, and committed to net-zero, our mission is to produce material quantities of battery grade, carbon-neutral lithium using proven sustainable Direct Lithium Extraction technology, powered by clean energy, we plan to be the greenest lithium supplier to the EV market.
CleanTech Lithium has three prospective lithium projects – Laguna Verde, Francisco Basin, and Llamara – located in the lithium triangle, the world’s center for battery-grade lithium production. The Laguna Verde and Francisco Basin projects are situated within basins entirely controlled by the Company, which affords significant potential development and operational advantages. Llamara is the Company’s latest greenfield project, which offers material potential upside at a low initial cost. All three projects have direct access to excellent infrastructure and renewable power.
CleanTech Lithium is committed to using renewable power for processing and reducing the environmental impact of its lithium production by utilizing Direct Lithium Extraction. Direct Lithium Extraction is a transformative technology which only removes lithium from brine, with higher recoveries and purities. The method offers short development lead times, low upfront capex, with no extensive site construction and no evaporation pond development so there is no water depletion from the aquifer or harm to the local environment.
Source: https://ctlithium.com/
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