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Atlantic Lithium appoints new CEO and Head of Business Development

Posted on May 16, 2023October 24, 2023

LONDON, UK: Atlantic Lithium Limited, a company that aims to deliver Ghana’s first lithium mine, has announced the appointments of Keith Muller as its new Chief Executive Officer and Len Kolff as its Head of Business Development & Chief Geologist.

The company, which is listed on AIM, ASX and OTCQX, is developing the Ewoyaa Lithium Project, a 35.3 million tonne resource of high-quality spodumene concentrate, a key ingredient for electric vehicle batteries and energy storage systems.

Mr Muller has over 20 years of experience in hard rock lithium mining and processing, and joined the company in November 2022 as Chief Operating Officer. He will lead the company through the construction phase and on to first production, expected in 2024.

Mr Kolff, who has been with the company since its inception and served as interim CEO since March 2022 following the passing of founder Vincent Mascolo, will focus on the ongoing exploration activities and identifying new growth opportunities for the company.

Neil Herbert, Executive Chairman of Atlantic Lithium, said: “Keith is one of very few people with direct experience of operating a lithium mine with similar characteristics to Ewoyaa. He is in the process of establishing the Ghanaian team that will build and operate the mine. Len was key in the initial discovery and evaluation of Ewoyaa and has played a significant role in unlocking the potential it offers. We will continue to leverage his considerable experience, expertise and network, particularly in Ghana, to source new project opportunities.”

Mr Muller said: “With Ewoyaa, Ghana has the opportunity to play a role in the increasingly important global EV battery supply chain. We are committed to maintaining a low environmental footprint and we are on track to deliver an exciting project for all stakeholders. I am delighted to assume the role of CEO at such a pivotal moment in the company’s journey.”

Mr Kolff said: “We have taken the project from discovery, through studies and now transition towards production. I am humbled to be part of a team that has identified Ghana’s first lithium project, an industry-leading asset. In my new role as Head of Business Development & Chief Geologist, I will continue advancing the company’s exploration portfolio and de-risking its assets whilst identifying new opportunities.”

Atlantic Lithium holds a combined 1,334 square kilometre tenure across Ghana and Côte d’Ivoire. The company is funded under a co-development agreement with NASDAQ-listed Piedmont Lithium, which has agreed to purchase up to 50% of Ewoyaa’s annual production.

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