Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.
The companies announced the verified discovery of one of the largest palladium mineral systems in Australia.
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.
