|
|
|
|
||
Ian Pearce joins boardhttps://www.nextsourcematerials.com/posts/nextsource-materials-announces-appointment-of-leading-mining-executive-and-former-ceo-of-xstrata-nickel-to-its-board-of-directors-as-it-advances-its-vertically-integrated-mine-strategy/ NextSource Materials Announces Appointment of Leading Mining Executive and Former CEO of Xstrata Nickel to its Board of Directors as it Advances its Vertically Integrated Mine Strategy
NextSource Materials Announces Appointment of Leading Mining Executive and Former CEO of Xstrata Nickel to its Board of Directors as it Advances its Vertically Integrated Mine Strategy
NEWS RELEASE – TORONTO, July 14, 2021 NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or the “Company”) is pleased to announce the appointment of Mr. Ian Pearce to its Board effective July 14, 2021. Mr. Pearce will be a valuable addition to NextSource as it prepares for mine commissioning in April 2022 while simultaneously advancing its lithium-ion battery anode facility (“BAF”) as part of its strategic partnership with the current processors of the Tesla supply chain, as announced on April 12, 2021. Mr. Pearce is the former CEO of Xstrata Nickel, and prior to that was the former COO of Falconbridge Limited, which was acquired by Xstrata Plc in 2006. Xstrata Plc’s acquisition of Falconbridge was one of the largest mining takeovers globally and one of the largest takeover bids in Canadian history. Mr. Pearce was also a founding partner of X2 Resources who, along with Sir Mick Davis, made up the team of six ex-Xstrata executives who formed the mid-tier diversified mining and metals company. He currently serves as a director for several global companies in the mining and metals, energy, and sustainability industries:
Mr. Pearce previous served as Chair of the Mining Association of Canada and Chair of the Nickel Institute. He holds a BSc from the University of the Witwatersrand, South Africa and a HNDT in Mineral Processing from the University of Johannesburg, South Africa. Sir Mick Davis, Chair of NextSource Materials commented: “On behalf of the Board, I am delighted to welcome Ian to the NextSource team. I have had the privilege of working with him during our time together at Xstrata and X2 Resources. With his extensive mining operations experience as well as his environmental, sustainability and corporate governance expertise, he will be an important addition to our team as we execute our strategy to become a vertically integrated and global supplier of critical battery materials that will power the world’s transition to clean energy.” To make room for Mr. Pearce to join the NextSource Board, Dr. David McNeely has submitted his resignation effective today. Dr. McNeely joined the Board in January 2020 and brought vast expertise in humanitarian and social responsibility best practices to the Company, having worked extensively in causes which have underscored the critical relationships between health and responsible environmental stewardship, with a particular focus and a passion on implementing clean energy initiatives and mining practices. Dr. McNeely will remain a consultant to the Board and continue to advise the Company in its transformation from a development company to a future producer. Craig Scherba, NextSource President and CEO, stated: “Dr. McNeely was integral in the Company’s transformation from an exploration to a development company, and I along with the entire team at NextSource want to thank him for his tireless work facilitating that transition and we look forward to Dr. McNeely’s continued work with Board in his advisory role. The extensive ESG experience that Mr. Pearce brings will further build upon the strong foundation that Dr. McNeely helped establish regarding humanitarian and social responsibility, and will synergistically complement the skills already within the Board.” |
return to message board, top of board |