Neometals Ltd (ASX:NMT) is a near-term lithium oxide mineral producer from the Mt Marion Project in Western Australia.
The company has now expanded its board with the appointment of two new independent directors effective from 14 April 2016, Doug Ritchie and Natalia Streltsova.
Ritchie is a senior resources industry executive with over 35 years experience, including over 28 years working with Rio Tinto in various senior management roles.
Streltsova is a PhD qualified chemical engineer with over 25 years experience in the minerals industry and an extensive background in mineral processing and hydrometallurgy across a range of commodities relevant to Neometals.
Steven Cole, chairman, commented:
"With Neometals strategically positioning itself as a globally relevant player in the lithium and titanium industries, Doug’s and Natalia’s wealth of relevant technical and commercial experience will be invaluable.
"As the company’s market capitalisation continues to grow towards ASX 300 entry level, the expanded majority independent board coupled with the organisation’s existing strong commitment to corporate governance best practice, well positions the company to meet institutional shareholder governance expectations.”
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