No 1 source of global mining news and opinion
Between September 8, 2023 and February 6, 2024, Boitano transferred his entire holding of 9,400,002 shares to an unnamed lender. When questioned about it, CleanTech’s co-founder was unable to ascertain whether the shares may have been transferred to a further nominee account in the lender’s name or sold to third parties.Executive chairman Steve Kesler will assume the role of chief executive until a new CEO is appointed, the company said.
CleanTech Lithium is keeping Boitano as a consultant to assist the company in the process of applying for a special lithium operating contract to continue building relationships with the Chilean government and local communities. President Gabriel Boric’s administration introduced last year a national lithium strategy that requires companies to enter into partnerships with state-own entities, such as copper giant Codelco and national miner Enami. , but in those areas the state will not be a controlling partner.
In both cases, companies need to be granted a CEOL, which will follow government-led public consultations with local communities.Chile is the world’s top copper producer and the second-largest producer of lithium. Both metals are considered vital commodities for the global transition from fossil fuels to renewable energies.
Global demand for lithium, according to the country’s government projections, will quadruple by 2030, reaching 1.8 million tonnes. Available supply by then is expected to sit at 1.5 million tonnes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CleanTech Lithium suspends CEO on shares-backed loanNo 1 source of global mining news and opinion
Read more »
Sigma Lithium CEO won’t sell the company at current lithium pricesNo 1 source of global mining news and opinion
Read more »
M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium ExplorationClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »
Core Lithium CEO quits as share, battery metal prices keep fallingNo 1 source of global mining news and opinion
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history. Rob Lynch, the current president and CEO of the Papa John’s pizza chain, will join Shake Shack’s board and become its CEO on May 20. Lynch succeeds Randy Garutti, who started what would become Shake Shack from a hot dog cart in New York in 2001.
Read more »
Shake Shack names Papa John's CEO as its new leader in CEO shakeupShake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history.
Read more »