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New Director for Orocobre

Published by , Assistant Editor
Global Mining Review,

Australian mineral resource company Orocobre Ltd (Orocobre) has appointed Masaharu Katayama from Toyota Tsusho Corp. (TTC) to its Board of Directors. This is effective as of today.

Orocobre Chairman, Rob Hubbard, said: "We are pleased to welcome Katayama to the Orocobre Board, he brings a wealth of talent and corporate experience with him from his role as General Manager of Resource Development with TTC.”

“Katayama's career has included risk management, resource development and marketing strategy development with exposure to a variety of industries throughout India, Canada, Morocco, France, Vietnam and Japan. All of this experience will be invaluable to Orocobre as we continue to expand our global operations."

Katayama commented: "Lithium plays a critical role in the renewable energy sector which is set to experience significant growth through the electrification of transport and adoption of energy storage systems."

"Toyota Motors will market more than 10 all-electric vehicle models globally by the early 2020s, so having a secure supply of lithium is essential."

Katayama graduated as a Mechanical Engineer from Kobe University in 1987 and he has been working for TTC since 2005. Katayama's appointment to the Orocobre Board comes after a 15% strategic placement to TTC was finalised on 28 February.

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Australian mining news