EV Metals Group plc Announces Departure of Russell Thomson as CFO

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EV Metals Group plc (“EVM” or “the Company”), a global battery chemicals and technology company, today announces that Russell Thomson will be departing from his role as Chief Financial Officer (CFO), effective 2 July 2024. Russell has served as CFO since the Company’s inception in 2014, playing a key role in the Company’s development and growth.

Luke Fitzgerald, Chief Executive Officer of EVM, commented: “On behalf of the leadership team and employees, we thank Russell for his service as Chief Financial Officer and we wish him all the best in his future endeavours.”

The Company is actively continuing its search for an experienced and qualified CFO to join the leadership team.

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EV Metals Group
Luke Fitzgerald, Chief Executive Officer

Media Enquiries
Garreth Young / Hannah Newberry

About EV Metals Group plc

EV Metals Group plc (EVM) is a global battery chemicals and technology business committed to a clean energy future.

EVM is focused on the production of high purity chemicals required in rechargeable batteries for electric vehicles and renewable energy storage. Our business model is based on the integration of upstream (mining) and midstream (chemical refining) supply chains for critical raw minerals from geopolitically aligned sources to produce high purity battery chemicals vital to the global energy transition.

Through our mine to refine value proposition, we will offer transparent and stable supplies of high purity battery chemicals to growth markets including the Middle East, Europe and North America.  This will involve upstream mining and production of intermediate products via participation and ownership of mining mineral resources, facilitated by joint ventures and long-term offtake agreements for midstream processing at our planned chemical refining plant in the Kingdom of Saudi Arabia (KSA).

Our flagship Lithium Chemicals Plant (LCP) in Yanbu Industrial City in KSA is being developed as a midstream hub for diversification and geopolitical alignment of supply chains for electric vehicle and battery cell manufacturers. The LCP is set to play a critical role in the Kingdom’s industrial diversification efforts, featuring an initial nameplate capacity to produce 50,000 TPA of high purity Lithium Hydroxide Monohydrate (LHM), a crucial chemical product expected to face significant deficits by 2030 due to overwhelming global demand.

Incorporated in 2014, EVM is a private company with operations in Western Australia, United Kingdom and KSA.

For further information on EVM please visit www.evmetalsgroup.com.