Lithium Plus Minerals Ltd has appointed industry veteran Andrew Haythorpe as its new CEO, effective from April 13, a move aimed at accelerating the development of the company’s Lei lithium project in the Northern Territory.
With a career spanning more than 40 years, Haythorpe brings a wealth of experience in exploration, project development, and corporate leadership to the table.
His background includes founding and leading several ASX-listed resource companies, such as Crescent Gold, Michelago Resources, and Liberty Resources.
Under his leadership in 2003, Michelago Resources achieved a remarkable 1,500 per cent increase in market capitalisation, earning it the title of the top-performing ASX company according to the Australian Financial Review.
Executive Chairman Dr Bin Guo expressed strong confidence in the appointment, highlighting Haythorpe’s unique blend of geological expertise and capital markets acumen.
“Andrew is a highly accomplished executive with over 40 years’ experience spanning exploration, mining, finance and capital markets,” Guo said.
“His proven track record of delivery and value creation makes him ideally suited to lead Lithium Plus as we advance the Lei lithium project toward production readiness.”
Under the terms of his employment agreement, Haythorpe will receive a total fixed remuneration of $300,000 per annum, inclusive of superannuation.
The leadership change comes at a pivotal time for Lithium Plus Minerals as it looks to transition the Lei lithium project from the exploration phase into development.
With global demand for battery minerals remaining high, the company is positioning itself to capitalise on the project’s potential.
