Piedmont adds to leadership team, Ghana partner bolsters lithium deposit
Piedmont Lithium (ASX: PLL), a developer in the US of lithium critical to the American electric vehicle supply chain, has boosted its leadership team with corporate development and risk management appointments.
James Griffiths, described as an expert in global industries and corporate finance, is coming aboard as Piedmont’s Senior Vice-President of Corporate Development.
Taking on the role of Vice President of Risk Management is Kara deBorde, who is described as an award-winning risk manager with broad based leadership experience.
Company nearing revenue generation
President and chief executive officer Keith Phillips says these are key appointments at a time when Piedmont is nearing revenue generation from its North American Lithium project.
“James and Kara are strong additions,” he continued. “They are joining at an important time for Piedmont as we prepare for first commercial shipments from North American Lithium in [the third quarter and diligently work toward production targets in Ghana, Tennessee and North Carolina.”
Mr Griffiths will be responsible for advancing Piedmont’s strategic priorities and capital plans.
M&A, JV issues on the table
His job will also entail guidance for the company on mergers and acquisitions, joint ventures and strategic investments.
Mr Griffiths has a 17-year background in investment banking and management consulting, having advised on M&A, divestitures and debt and equity capital raisings.
Ms deBorde is being tasked with identifying, formulating, co-ordinating and implementing all risk-related activities and procedures.
With industry experience over more than 20 years, she played a senior risk management role at Canada’s packaging major TC Transcontinental and with other companies including Michelin and Liberty Mutual Insurance.
Ghana drilling confirms continuity and grade
Also this week, Atlantic Lithium (ASX: A11) — in which Piedmont is earning a 50% interest — reported latest drill results from its Ewoyaa project in he West African country of Ghana.
Initial drill intersections include 57m at 1.17% lithium oxide, 54m at 1.14%, 41m at 1.16% and 33m at 1.12%.
Atlantic says this infill drilling program has confirmed the grade and continuity.
The company says it is on track to deliver a definitive feasibility study by the end of this month.