E3 Lithium appoints battery expert to its board
Alex Cattelan has more than three decades of experience leading electric propulsion and advanced mobility programmes, lithium battery development, software controls systems and other technologies in automotive, boating and power sports applications. She has held senior leadership roles including Chief Technology Officer at Brunswick Corporation and has held roles at organisations such as Polaris, Stellantis, Johnson Controls, AVL and General Motors (US and Canada). At Johnson Controls, Cattelan was Vice President of Advanced Battery Engineering and of the Advanced Battery Group, and at GM, was the Assistant Chief Engineer of the Chevrolet Volt Extended Range EV. For most of her career, Ms. Cattelan has been passionately focused on leveraging technology to enhance sustainable mobility.
Alex Cattelan holds a bachelor’s degree of applied science in industrial engineering and a master’s degree of applied science in mechanical engineering, both from the University of Toronto. She also had the honour of being GM’s representative in the 2004 Governor General’s Leadership Council. Ms. Cattelan has sponsored Society of Women Engineers initiatives at multiple organisations and chaired GM’s Women’s Advisory Council. In addition to the E3 Lithium Board, Ms. Cattelan serves on the board of directors for Braunability, a leading manufacturer of vehicle adaptation solutions for people with limited mobility.
A wealth of experience
“Alex brings a wealth of experience from the electrification industry, including years working in the electric vehicle sector,” said Chris Doornbos, President and CEO of E3 Lithium. “E3 Lithium is extremely excited to add such an incredible addition to our Board of Directors. With her immense technical and leadership expertise in the battery and EV industries, Alex brings significant bench strength in her overall knowledge of the sector.”
Concurrent with the appointment of Ms. Cattelan, Peeyush Varshney has agreed to step down from E3 Lithium’s Board of Directors effective immediately. E3 Lithium would like to thank Mr. Varshney for his time, service and dedication to the company over the past six and half years. Mr. Varshney will remain in an advisory role with the Company while Alex transitions into her new position.
“On behalf of the Board of Directors and all of our shareholders, I am extremely pleased to welcome Alex to the E3 Lithium team,” said John Pantazopoulos, Chairperson of the Board of Directors. “I would also like to thank Peeyush for his years of service and significant contributions to E3 Lithium.”
A growing electrical revolution
E3 Lithium is a lithium resource and technology company working towards the production of lithium products to power the growing electrical revolution. Based in Alberta, E3 Lithium’s Clearwater Project is being developed on the backbone of the mature and sophisticated oil industry that will allow the company to catapult its development. E3’s Preliminary Economic Assessment (PEA) on its Clearwater Project outlines an $820m net vresent Value (NPV8%) after tax, with a pre-tax value of $1.1bn (NPV8%). The project’s internal rate of return (IRR) is 27% after-tax and 32% pre-tax.
E3 Lithium’s direct eithium Extraction (DLE) technology obtains over 90% recovery and drastically increases the concentration of lithium, while reducing impurities by over 98%. Through the successful scale up its DLE technology towards commercialisation, E3 Lithium’s goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.
As part of E3’s vision for a brighter energy future, it plans to deliver its lithium products with reduced carbon emissions, while using less than 3% of the land of typical lithium projects, with no tailings or evaporative ponds.