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Core Lithium makes key appointments to progress Finniss Lithium Project

The company has engaged Adelaide-based consultancy Workplace Partners to develop and implement human resources, industrial relations and work, health and safety systems.

Outcrop at Finniss
The company increased the Finniss lithium resource to 8.55 million tonnes last month

Core Lithium Ltd (ASX:CXO) has bolstered its management team as it charges forward with development plans at its Finniss Lithium Project near Darwin in the Northern Territory.

The company has appointed Simon Lacopetta chief financial officer, bringing a wealth of knowledge and experience to the role after having served in similar roles throughout his 15-year career, including with gold developer and miner, Ramelius Resources Limited (ASX:RMS).

Lacopette succeeds Erik Palmbachs, who sadly and unexpectedly passed away in November 2018.

READ: Core Lithium boosts Finniss Resource to 8.6 million tonnes with initial Hang Gong estimate

Lacopetta said he was thrilled to take on the new role.

“It’s clear that I have joined Core at a pivotal moment in the company’s history and I look forward to working with Stephen Biggins and the management team as we strive to meet our goal of delivering first production at the Finniss Lithium Project by the end of the year,” he said.

Lacopetta will begin at Core in the first week of March.

The company has also enlisted Noel O’Brien in a metallurgical consulting services capacity.

He is an industry veteran with a career spanning over 30 years in Australia and Africa and is a specialist in the provision of consulting services in metallurgy and project development over a variety of commodities.

READ: Core Lithium selects preferred lead contractor for Finniss Lithium Project

Core has also recruited Sean Buxton to the role of project manager for Finniss, with a demonstrated history of working in the mining industry as an experienced mine development engineer.

He has a rich portfolio of operational and technical experience in several commodities including at Newcrest Mining Limited (ASX:NCM), Barrick Gold Corp (NYSE:GOLD), Glencore PLC (LON:GLEN), Alkane Resources Limited (ASX:ALK) and Tasman Mining.

The company is also searching for a suitable candidate to fill the role of marketing commercial manager.

READ: Core Lithium prepares resource update ahead of Finniss DFS expansion

Core managing director Stephen Biggins said: “The wheels are very much in motion in the Core headquarters and the company is pleased to have attracted such talented and highly credentialed candidates to fill these vital roles.

“Simon, Sean, Noel, Workplace Partners and our marketing commercial manager to-be will all play crucial roles in both the successful delivery of the Finniss Lithium Project and the business once we have progressed beyond first production.

“The definitive feasibility study is planned to be delivered by the end of the March quarter and with full regulatory approvals and project financing anticipated in the following quarter, first production at the Finniss Project is on track for the end of 2019.”

- Jessica Cummins 

Quick facts: Core Lithium Ltd

Price: 0.036 AUD

ASX:CXO
Market: ASX
Market Cap: $28.45 m
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