MinRes founder Ellison steps down as Delta Lithium chair
Ellison is to exit MinRes within 18 months but his exit from Delta Lithium is with immediate effect.
Bolivian state lithium miner YLB has named Omar Alarcon the firm’s new chief executive, state news channel Television Boliviana said on Monday, replacing predecessor Karla Calderon.
An official at the country’s energy ministry said the change was due to an internal adjustment.
Bolivia does not produce commercial quantities of lithium, a key battery metal used to power electric vehicles, but the US Geological Survey estimates it holds 23 million tons – the most resources of any country worldwide.
(By Daniel Ramos; Editing by Aida Pelaez-Fernandez)
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