Elevra Lithium appoints former Arcadium exec as CFO
Elevra Lithium, the dual-listed North American lithium producer formed through the merger of Sayona Mining and Piedmont Lithium, has appointed Christian Cortes as its new CFO following the resignation of Dougal Elder.
The Brisbane-based company announced on Monday that Elder had stepped down as CFO to pursue other opportunities, with Cortes assuming the role effective October 20. Elder would remain with Elevra for three months to ensure a smooth handover and business continuity.
“Dougal has made a valuable contribution to the company during his time at Elevra,” said MD and CEO Lucas Dow. “Dougal played a significant role in the successful merger of Sayona and Piedmont to create Elevra Lithium. He has contributed to strengthening our financial and commercial frameworks, positioning Elevra for long-term value creation. He has been a valued member of the company’s executive leadership team, and we wish him all the best in his future endeavours.”
Cortes joins Elevra from Arcadium Lithium, where he served as chief integration and transformation officer until the company’s acquisition by Rio Tinto. Before that, he held senior roles at Allkem, including CFO and chief of sales and marketing prior to Allkem’s merger with Livent.
With more than 20 years of international experience in the professional services and resources sectors, Cortes began his career as a chartered accountant at PwC, working with public companies in audit and transaction support.
“We are thrilled to welcome Christian to our team as the CFO for Elevra,” Dow said. “Christian's proven track record and experience within the lithium sector will be invaluable as we continue to drive shareholder value. We are confident that his expertise will be instrumental in supporting Elevra's continued growth and success.”
Elevra, which trades on the ASX and on the Nasdaq, operates a diversified portfolio of lithium assets across Quebec, North Carolina, Ghana and Western Australia.
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