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Wednesday, September 7, 2022

Lake Resources new CEO to help fast-track lithium project milestones in Americas - Proactive Investors USA

Lake Resources NL (ASX:LKE, OTCQB:LLKKF) has appointed David Dickson to the role of CEO and managing director.

Dickson has a proven track record in successfully delivering multi-billion-dollar resource projects and will help ensure LKE fast-tracks key project and marketing milestones in North and South America.

With more than 30 years of experience, Dickson brings exceptional operations and market experience to the company and its board.

Experience counts

Dickson’s vast experience encompasses process technology, engineering, construction and EPC cost management across the energy sector.

His experience will be used to help Lake reach its aspirational target of 100,000 tonnes per annum lithium carbonate (LCE) capacity.

Dickson will support Lake’s rapid growth and its mission to become a leader in the supply of responsibly sourced, environmentally friendly and cost-competitive high-purity lithium.

“This is a major achievement to have secured a CEO like David as Lake goes from project development to construction to become a major lithium producer,” executive chairman Stuart Crow said.

“David combines proven leadership experience and engineering expertise with a deep strategic understanding of off-taker and investor perspectives on energy supply chains.

“David knows all the major oilfield services and EPCM contractors who are looking to expand into the renewable economy - at a time when major projects are struggling to source this capability and support - including those companies skilled in environmentally friendly drilling and reinjection – a key to Lake expanding at scale.”

Crow said Dickson’s negotiating skills would be invaluable to the company moving forward, particularly with EPCM contracts. Crow also heralded Dickson’s endorsement of LKE’s cutting-edge Lilac technology and strong ESG focus.

“His expertise links project delivery, leadership, technical knowledge and relationships with key stakeholders across industry, government and the investment community,” Crow said.

About David Dickson

Dickson has left his mark on several businesses.

He spent more than seven years as CEO of global engineering and construction firm McDermott International, leaving in 2021.

McDermott employed about 14,000 people and operated in 20 countries. Dickson built a strong leadership team at McDermott and steered the company into profitable new markets, striking deals with key customers including Saudi Aramco.

He also oversaw McDermott’s merger with CB&I and ultimately grew the business to more than 30,000 employees across 54 international markets.

McDermott was previously president of Technip (OTC:TNHPF) USA, overseeing marketing and operations in North, Central and South America, was appointed to the board of the US National Safety Council and is a member of the World Hydrogen Council.

“Lake Resources has the opportunity to set a new global standard for producing clean, high-purity lithium at speed and scale, at a time when lithium demand is growing rapidly,” Dickson said.

“To be a part of the global energy transition and bring a crucial new technology into large-scale lithium production is an immense privilege.  

“I look forward to bringing all my experience to this role and building one of the companies of the future.”

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Lake Resources new CEO to help fast-track lithium project milestones in Americas - Proactive Investors USA
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