Outgoing Albemarle executive to join Chilean cobalt miner
Privately held clean energy investor Glenlith said on Wednesday that it hired outgoing Albemarle Corp executive John Mitchell to run its Chilean cobalt subsidiary.
Mitchell, who has run Albemarle's lithium business since 2015, will join Glenlith's Chilean Cobalt Corp subsidiary next month, Glenlith said in a statement.
Mitchell's exit from Albemarle, the world's largest lithium producer and a supplier of the mineral used to make batteries for Tesla, came as a surprise to the minerals industry.
Mitchell joined Albemarle after it bought smaller rival Rockwood Holdings in 2015.
Albemarle rival Orocobre has been searching for a new CEO, fueling speculation after news broke of Mitchell's exit on Tuesday that he would move there.
But Mitchell is limited by a two-year non-compete contract from working for another lithium producer, according to a source familiar with the matter.
Glenlith's Chilean Colbalt is developing two mines in northern Chile.
Mitchell said in the statement that his decision to leave Albemarle was "difficult", but added, "I look forward to building a world-class cobalt operation."
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation