Park, in a previous position, has served because the president at a unit of Koch Industries, Customary Lithium’s largest shareholder.
Mintak, who has been on the helm of Customary Lithium for greater than seven years, will retire, however will stay as an advisor via August 2025.
Customary Lithium is amongst plenty of corporations attempting to make use of direct lithium extraction applied sciences to provide the important thing steel to the EV business.
Equinor and Lanxess are concerned in Customary’s DLE tasks in Arkansas, the place Exxon Mobil can also be seeking to develop a venture.
(By Vallari Srivastava; Enhancing by Shailesh Kuber)