Corporate Strategy
“The commodity super-cycle includes periods of rising metals prices caused by ageing mines, under investment during periods of lower prices and sustained global population and GDP growth. Over the next 10 years we are anticipating metals price strength to continue due to the super-cycle, and for an added boost thanks to the Clean Energy revolution”.
Critical Mineral Resources
“Lithium’s high electrochemical potential makes it a valuable component of high energy-density rechargeable lithium-ion batteries. Other battery metals include cobalt, manganese, nickel, and phosphorus”.
US Geological Survey
“Increased demand for clean energy and decarbonization technologies requires a different set of material supply chains from those powering the fossil fuel economy”.
US Department of Energy, 2023
“Electricity networks need a huge amount of copper and aluminium, with copper being a cornerstone for all electricity-related technologies”.
International Energy Association, 2023
“Today, the data shows a looming mismatch between the world’s strengthened climate ambitions and the availability of critical minerals that are essential to realising those ambitions”.
Dr Faith Birol, International Energy Association, 2022
CMR has identified Morocco as an ideal mining-friendly jurisdiction that meets is acquisition and operational criteria. The country is perfectly located to supply raw materials to Europe (its primary trading partner) and possesses excellent prospective geology, infrastructure and attractive permitting, tax and royalty conditions.
CMR is focused on building a portfolio of high-quality metals exploration and development projects in Morocco. Its strategy is to secure projects in the Clean Energy sector including copper, nickel, manganese, cobalt and potentially lithium and rare earths.
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Corporate Governance
The company has adopted a recognised Corporate Governance Code in line with accepted business practice for a company of its size. Maintenance of good governance is taken seriously by management and the responsibility of the whole board.
One of the main areas of governance for CMR is risk governance, making sure the company doesn’t take any unnecessary risks and is aware of, and managing, external risks such as foreign exchange, climate change and supplier risk.
Environmental and social governance are also at the top of our agenda. Although our environmental impact is currently relatively low, we have built excellent relationships in the areas we operate and we make sure to listen and act on the concerns of the local people.
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Board & Management
Christopher Lambert
Executive Chairman
Chris has a background in financial services and commodity trading in London over a career spanning 25 years. He was head of global trading operations for a number of major banks and commodity houses. He has extensive experience in non-executive and executive Chairman roles for public companies and of asset identification and acquisition in the natural resources sector.
Charlie Long
Chief Executive Officer
Charlie is a mining specialist with industry and financial services experience. He started his career in mining over 20 years ago as the founder of a building materials quarrying company in China. He has worked as a sell-side mining analyst for over 10 years, including at Singer Capital Markets, Sanlam Securities and finnCap. Charlie was business development manager for AIM-listed Avesoro Resources and more recently CFO for Audere Solutions, a UK based risk management advisory group.
Dominic is a capital markets solicitor and company director with extensive experience in the public markets and corporate governance. He is a partner at City law firm, Druces and a director of EV Metals U.K. Ltd and an alternate director of EV Metals Group plc. His other corporate positions include director of Prism Group AG, a private equity firm focussed on Fintech and money services and MAST Energy Developments plc where he is a non-executive director and chairman of the audit committee. He was also a founding director of AIM-listed SigmaRoc plc.
Russell is a professional accountant (CPA) with over 30 years working experience in the construction, engineering, railway, energy, natural resources and mining industries in Australia, SE Asia, USA and South Africa. He has been a Director and CFO of EV Metals Group plc since 2014 and is a director of all EV Metal subsidiaries. Russell was formerly the CFO and Director of ASX-listed Podium Minerals Limited.
Adrian England has been in practice since 1982 when he started his professional life as a solicitor. His areas of expertise include commercial litigation, property litigation, employment and business law. Over the course of over 20 years, Adrian has represented numerous public limited companies in substantial commercial litigation matters and undertakes most of his client’s advocacy in court.