Core Lithium Ltd. announced that After four years as Chief Financial Officer (CFO) Simon Iacopetta has chosen to step down and will continue to work with the Core team over the coming months to support an orderly transition.
Mr Iacopetta joined in early 2019 and has been an integral member of the executive team. He has successfully steered the financial side of the business through the successful transition from an exploration company, to financing of the Finniss project that has led to the official opening of the mine in October of this year. Mr. Iacopetta is leaving the business in robust financial shape. The first lithium shipment, direct shipping ore (DSO), is due by year end and spodumene concentrate production is on schedule for H1 2023. The recent successful capital raise led by Simon will also underpin future growth options for the business.