ioneer Ltd has thanked Julian Babarczy on his retirement as a non-executive director of the company, effective immediately.
A long-time investor and supporter of the company, Babarczy is retiring due to a significant workload at various other listed and unlisted companies, along with personal investment activities.
Babarczy had been in active dialogue with ioneer for a number of months regarding the decision, which was made with the full support of the company.
A strong association
Commenting on his retirement from the INR board, Babarczy said: “I am proud to have had a strong association with ioneer, having worked with Bernard and James over many years, first as an investor in the company and more recently as a non-executive director.
“In my view, Rhyolite Ridge remains one of the best and most unique undeveloped lithium assets in the world, led by a strong and growing management team and board that is diligently progressing the project towards development.
“I leave the board knowing that an exciting future awaits ioneer, which in my view is set to become the leading North American lithium production asset with exceptional value and strategic positioning.”
"He will be missed"
Executive chairman James Calaway said: “Since joining the ioneer board, Julian has served as chair of the Audit and Risk Committee, and member of the Nomination and Remuneration Committee.
“Julian’s experience and measured approach has helped ensure the interests of our shareholders, community and employees has been front of mind as we strive to deliver a world-class lithium-boron project at Rhyolite Ridge.
“It is sad to see Julian depart, he will be missed.”