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Alabama Graphite Corp. (TSXV:ALP) announced the appointment of Don Baxter as co-CEO. He has also been added to the company’s board of directors.
Alabama Graphite Corp. (TSXV:ALP) announced the appointment of Don Baxter as co-CEO. He has also been added to the company’s board of directors.
Just last week, Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF), where Baxter was formerly an exec, ended its professional relationship with him “due to a significant divergence of vision.”
As quoted in the press release:
Mr Baxter’s primary responsibilities will focus on the mining side of the Company’s operations and will include the following: (1) completion of a Preliminary Economic Assessment, using environmentally conscious processes, for the Coosa Project in Alabama, USA, (2) to secure offtake agreements, and (3) to develop a reliable and environmentally conscious graphite battery component supply chain for just-in-time delivery of graphite and graphite value-added products to targeted corporations operating in the USA.
Baxter commented:
It is refreshing to join a graphite company with a clear, consolidated focus of advancing to production and with the intent of doing so in the shortest time possible. Although I am very impressed with Alabama Graphite’s projects, namely Coosa, and the entire management team, I find the Company’s Board of Directors even more compelling. When it comes to producing and selling graphite, an excellent graphite deposit and a strong technical team are, essential. The board at Alabama Graphite has tremendous graphite mining experience and is among the finest in the graphite industry. I am honored to serve on this board with Jean Depatie and Daniel Goffaux, both of whom were building a graphite mine in Quebec as I was doing the same in Ontario in the early 1990s. In addition, David Ramm and Co-CEO Ron Roda bring corporate strategy, strong financial and relevant technical expertise to the Board.
The United States is a tremendous market for graphite, with no producing graphite mines. I look forward to help lead Alabama Graphite in addressing security of U.S. domestic supply of a critical strategic material with significant future demand.
Alabama Graphite’s chairman, Jean Depatie, stated:
We are delighted and fortunate to have Don join our team. His unparalleled skills working with PEA’s and feasibility studies for graphite will be very useful to the Company as we enter the next exciting stage of our mine development, the completion of our PEA and inroads with target quality companies which require large supplies of graphite for both the EV market and ever growing energy storage market.
Click here for the full Alabama Graphite Corp. (TSXV:ALP) press release.
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