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Standard Lithium names David Park as CEO
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Standard Lithium names David Park as CEO
Aug 1, 2024 7:43 AM

Aug 1 (Reuters) - Canadian miner Standard Lithium ( SLI )

on Thursday named David Park as its new chief executive

officer, effective Sept. 1, succeeding longtime CEO Robert

Mintak.

The incoming CEO has served as a strategic advisor for

Standard Lithium ( SLI ) over the past year and helped the lithium miner

secure an investment from Equinor ASA ( EQNR ) in projects

located in Southwest Arkansas and East Texas.

Park, in a prior role, has served as the president at a unit

of Koch Industries, Standard Lithium's ( SLI ) biggest shareholder.

Mintak, who has been at the helm of Standard Lithium ( SLI ) for

more than seven years, will retire, but will remain as an

advisor through August 2025.

Standard Lithium ( SLI ) is among a number of companies trying to

use direct lithium extraction technologies to supply the key

metal to the EV industry.

Equinor ( EQNR ) and Lanxess are involved in Standard's DLE

projects in Arkansas, where Exxon Mobil ( XOM ) is also looking

to develop a project.

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