CFO of world’s top copper miner is moving to job in lithium, not leaving company
Codelco’s chief financial officer is moving to a new job with responsibility for lithium and not leaving the Chilean state mining giant, according to the company’s chairman.
The world’s No. 1 copper producer abruptly announced Alejandro Rivera’s resignation as CFO on Thursday, saying only that he would be pursuing “other professional challenges".
In an interview Friday, Codelco chairman Maximo Pacheco said that Rivera “will continue working with us in lithium.”
He wouldn’t elaborate on what the CFO’s new job would be, saying only that there would soon be “very good news about his new responsibilities in lithium.”
The Chilean government has given Codelco a lead role in a new public-private model for its lithium industry, under which the state will have a majority stake in areas considered to be of strategic importance.
“Lots of people have mentioned to us that we should not be distracted by lithium,” Pacheco said. “And we’re saying, look, we are not distracted. We have a plan, we have a growth strategy with lithium to partner with private companies in a separate company.”
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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