Monger Gold appoints ‘highly experienced’ lithium and development professional as CEO
Prior to joining Simble Solutions’ board, Dr Daniel Tillett undertook due diligence and invested his own money to hold 10% of the entity.
Monger Gold (ASX: MMG) has announced the appointment of “highly experienced” lithium and development professional Adam Ritchie as its newest chief executive officer.
Having previously served as the project director of Pilbara Minerals’ (ASX: PLS) flagship Pilgangoora lithium project, Mr Ritchie brings a plethora of experience in the resources sector.
Monger Gold’s non-executive chair Peretz Schapiro said the newly appointed chief executive officer is a significant asset for the company moving forward.
“Adam is the former project director of Pilbara Mineral’s world-class Pilgangoora lithium project and brings tremendous enthusiasm and experience to assist Monger Gold’s growth into a globally recognised lithium business,” he said.
Mr Ritchie’s appointment is expected to strengthen the company as it continues with the development of the Scotty lithium project in Nevada, US.
Mr Ritchie said he was attracted to Monger Gold’s vision of building a lithium business in North America.
“The strong focus on exploring a diverse range of lithium resources in consideration of emerging technologies, the full supply chain and associated carbon footprint is progressive and admirable.”
“The lithium market is still very young and there is great opportunity for the next wave of producers to provide an enhanced value proposition to the market.”
“The market wants lithium – but it needs a long-term sustainable lithium supply chain. This is our mission,” he added.
Experience to drive Monger Gold
With over 20 years of experience in the resources industry, Mr Ritchie has worked for leading Australian companies including Fortescue Metals Group (ASX: FMG), Rio Tinto (ASX: RIO), BHP Group (ASX: BHP) and Pilbara Minerals where he last was in charge.
During his time at Pilbara Minerals, Mr Ritchie was responsible and involved in parts of the execution, operation and optimisation of the world-class Pilgangoora lithium project.
Monger Gold’s search for a new chief executive officer was global, with Mr Ritchie chosen due to being a “highly motivated leader with extensive knowledge of the lithium sector together with a thorough understanding of how to successfully develop mining assets”.
“Adam has a deep understanding of the lithium space and significant experience having worked on numerous world-class mining projects,” Mr Schapiro said.
The company said Mr Ritchie’s experience and wealth of knowledge within the lithium market made him the ideal candidate to lead the company through “this exciting new phase”.