Premier1 Lithium

Highly Experienced Lithium Professional Appointed as Managing Director

Premier1 Lithium Limited (ASX:PLC) (“Premier1” or the “Company”) is pleased to announce the appointment of Mr Jason Froud as Managing Director effective 1 June 2024. This appointment following an extensive executive search process marks an important milestone in the transition of Premier1 into a significant junior lithium explorer.


HIGHLIGHTS

  • Highly experienced lithium professional Jason Froud appointed as Managing Director
  • Former Business Development Manager of Liontown Resources (ASX: LTR)
  • Over 25 years experience in the resources sector focusing on lithium and battery metals
  • Appointment will drive exploration and further growth of Permier1 Lithium’s portfolio
Mr Jason Froud is a geologist with over 25 years of experience in the resources sector working for major mining companies including Newcrest and WMC as well as global consultancies with experience across the mining cycle and numerous commodities. He was recently responsible for business development at Liontown Resources including the generation of new lithium and battery metals projects of Tier 1 potential including the execution of various farms-ins and joint ventures across Australia. With his wide range of experience including commercial and stakeholder engagement, Jason is ideally suited to drive PLC’s growth and success into the future.

Premier1’s Non-Executive Director Anja Ehser commented:

“We are delighted to appoint Jason as Managing Director. Jason is the former Business Development Manager of Liontown Resources where he has played a leading role in generating a pipeline of new major lithium and battery metals projects in Australia. He brings tremendous experience and expertise in assessing and valuing lithium assets that will assist Premier1’s growth using our unique lithium data sets.

On behalf of the Board, I am delighted to welcome Jason to our Company. We look forward to working closely with him to create shareholder value through continued development of our existing exploration assets and further project opportunities.”

Incoming Managing Director Jason Froud said:

"l am excited to accept the role of Managing Director at Premier1. The Company has the vision, commitment and importantly, the backing to build Premier1 into a successful junior explorer and maximise the chance of exploration success with its industry leading machine learning technology.

I am impressed at the rigour and diligence the team has applied in assembling the current exploration package and look forward to the opportunity to fully test this and enhance it with further organic growth or M&A activity. Recent months have been challenging for battery minerals but I am confident in the underlying demand for EV metals and strong recovery in the sector.

I look forward to working closely with Premier1's Board and shareholders, and to delivering value for all stakeholders.’

The Board and entire team of PLC again would like to thank Richard Taylor, the current CEO, for his contribution and commitment during the past transition of PLC and is pleased to have him remain part of the Company as non-executive Director from June onwards.

In addition to the management, further additions are planned to be made to the leadership team at PLC to align with the new strategy.


Click here for the full ASX Release

This article includes content from Premier1 Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

PLC:AU
The Conversation (0)
Assorted battery tops in various sizes and colors, arranged closely together.

AI Uncovers Five Potential Lithium Alternatives for Next-generation Batteries

Generative artificial intelligence (AI) has helped a group of scientists identify five new materials that could power the next wave of batteries without relying on lithium.

The study, published on June 26 in Cell Reports Physical Science, focuses on materials that could enable multivalent-ion batteries — a technology long touted for its potential, but hindered by practical challenges.

Keep reading...Show less
Text saying "lithium" overlaid on stock chart with a globe in the background.

Top 9 Global Lithium Stocks of 2025

Lithium prices continued their downward trajectory in 2025's second quarter, with battery-grade lithium carbonate hitting a four year low of US$8,329 per metric ton in late June.

Lithium hydroxide followed suit as oversupply and bearish sentiment weighed on the market.

Despite strong electric vehicle (EV) demand, mine supply — driven largely by China, Australia, Argentina and emerging African producers — has outpaced consumption, with Fastmarkets forecasting a 260,000 metric ton surplus for 2025.

Keep reading...Show less
Blue battery with Australian flag design on a wooden surface.

5 Best-performing ASX Lithium Stocks of 2025

Global demand for lithium presents a significant opportunity for Australia.

Australia remains the world’s largest lithium miner, supplying nearly 30 percent of global production in 2024, though its dominance is waning as other lithium-producing countries like Zimbabwe, Argentina and Brazil scale up output.

This influx of supply has pushed lithium prices to multiyear lows, with battery-grade spodumene trading under US$800/tonne — pressuring even efficient Australian producers to trim output or delay projects.

Keep reading...Show less
Hand stacking wooden blocks with red upward arrows, symbolizing growth.

Albemarle Swings to Profit, Lowers Spending Amid Prolonged Lithium Slump

Albemarle (NYSE:ALB) is cutting costs and investment plans as it adjusts to lithium price weakness, even as demand from the electric vehicle (EV) and energy storage sectors holds up better than expected.

The major lithium miner reported a Q2 profit of US$22.9 million, a significant turnaround from the US$188.2 million loss it posted a year ago. While total revenue fell 7 percent to US$1.33 billion, the figure still came in ahead of Wall Street’s US$1.22 billion estimate, buoyed by cost management and stronger-than-expected results in its specialties division.

“Our job is just to keep working on the things that are in our control, because we don’t really have a clear line of sight to where pricing is going,” CFO Neal Sheorey told investors on Thursday (July 31).

Keep reading...Show less
Lithium periodic symbol and Canadian flag.

Top 5 Canadian Lithium Stocks of 2025

As the global push toward electrification accelerates, lithium remains a critical piece of the energy transition.

Continued oversupply remained a persistent headwind for lithium prices through the first half of 2025.

Demand for the battery metal jumped 29 percent year-on-year in 2024, fueled by surging electric vehicle sales and rising power needs from sectors like data centers and heavy industry.

Keep reading...Show less

Latest Press Releases

Related News

×