Appointment of New Company Secretary and General Counsel
Mr Sanders is a senior corporate lawyer with over 20 years' experience, having held legal and commercial roles in top tier law firms and international resource companies. He has a broad range of experience in corporate governance, international mergers and acquisitions, contract negotiation and implementing resource projects. Mr Sanders has previously worked for Herbert Smith Freehills, King and Wood Mallesons in Perth and Clifford Chance in London, as well as acting as senior in-house counsel at Woodside Energy and Hess Exploration Australia.
Simultaneously, Mr Simon Robertson has stepped down from his role as Company Secretary. Mr Robertson has been with the company since 2014 and the Board of Directors wish to thank him for his service and contribution to the Company over the past few years and wish him all the best in his future endeavors.
Managing Director and CEO, Mr Anthony Tse was delighted to confirm the appointment of Mr Sanders, adding: "We are delighted to have someone with John's international experience and expertise join our team. His strong track record in managing complex transactions and joint venture relationships, as well as leading legal and project teams across multiple markets, will be a great value-add to the existing senior management team here at Galaxy. We look forward to his insights and contribution as we continue progressing the Company through the next stages of strategic growth and further advancing the development of our world class projects. I would like to formally welcome John to the team and look forward to working with him, as we further strengthen the Company's position as a leader in the fast-growing lithium sector."
About Galaxy Resources Limited
Galaxy Resources Limited (ASX:GXY) (OTCMKTS:GALXF) is an international S&P / ASX 200 Index company with lithium production facilities, hard rock mines and brine assets in Australia, Canada and Argentina. It wholly owns and operates the Mt Cattlin mine in Ravensthorpe Western Australia, which is currently producing spodumene and tantalum concentrate, and the James Bay lithium pegmatite project in Quebec, Canada.
Galaxy is advancing plans to develop the Sal de Vida lithium and potash brine project in Argentina situated in the lithium triangle (where Chile, Argentina and Bolivia meet), which is currently the source of 60% of global lithium production. Sal de Vida has excellent potential as a low cost brine-based lithium carbonate production facility.
Lithium compounds are used in the manufacture of ceramics, glass, and consumer electronics and are an essential cathode material for long life lithium-ion batteries used in hybrid and electric vehicles, as well as mass energy storage systems. Galaxy is bullish about the global lithium demand outlook and is aiming to become a major producer of lithium products.
Galaxy Resources Limited