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Millennial Lithium Appoints Farhad Abasov as Chief Executive Officer

Published: May 17, 2017 |

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Millennial Lithium Corp. has appointed Farhad Abasov as chief executive officer and director, Richard Lacroix as director, and Dr. Peter MacLean as senior vice president - technical services.

“The current board and management are delighted to welcome Farhad, Peter and Richard to Millennial Lithium. Our ability to attract such industry professionals speaks volumes about the quality of our assets. We remain committed to continue building our management team and developing our Argentine brine assets for the benefit of our shareholders,” said Graham Harris, chairman of the board.

“We are excited to join Millennial Lithium at this stage of their development. I believe the company is well positioned to benefit from the continuing lithium demand growth. I look forward to taking our lithium brine projects in Argentina to the next level of development and working very closely with our strong technical team in Canada and Salta Province in Argentina,” said Farhad Abasov, CEO.

Farhad Abasov, MBA, CEO and Director

Abasov has more than 15 years of experience founding and managing natural resource companies. Most recently Abasov served as president & CEO of Allana Potash Corp., a potash development company which was sold to Israel Chemical Ltd. for $170M in 2015. He was also the executive chairman of Rodinia Lithium, a company developing lithium brine assets in Argentina. Previous to Allana, Abasov was a co-founder of Potash One which was acquired by German potash company K+S for $430M in 2010. Prior to Potash One Abasov was a senior vice president, Strategy at Energy Metals which was acquired by Uranium One for $1.8B in 2007. He brings a unique skill set of leadership and proven ability to build strong shareholder value by successfully developing early stage assets.

Richard Lacroix, P.Eng., Director

Lacroix has extensive experience in all aspects of potash mining, processing and marketing including 30+ years with Potash Corp. of Saskatchewan (PCS). Lacroix is a former senior vice president of PCS and former director of Canpotex and former chairman of Canpotex Bulk Terminals. Most recently Lacroix served as a director for Allana Potash Corp. In addition to an extensive career in potash, he was involved in base metal mining operations in northern Canada and Ontario. Lacroix brings a wealth of experience in large-scale mining operations, product marketing, distribution and transportation.

Peter J. MacLean, Ph.D., P. Geo., SVP-Technical Services

MacLean has more than 25 years of exploration and development experience in North America, South America and Africa. Most recently Dr. MacLean acted as SVP-Exploration of Allana Potash Corp. and directed all exploration and development activities on its flagship Danakhil Potash Project in Ethiopia up to its takeover by ICL including managing the company’s feasibility study and overseeing pilot solution mining and evaporation pond trials. Dr. MacLean has also worked extensively on base metal and precious metal projects throughout the Americas and is fluent in Spanish. Dr. MacLean will work closely with Iain Scarr, Millennial’s COO, to assist with the current development program of the company’s brine assets in Argentina.


About Millennial Lithium
Millennial Lithium Corp is an exploration and development company with a focus on quality lithium assets located in Argentina. Proyecto Pastos Grandes S.A. is the company’s key project and is 100 percent owned and strategically located within the Argentine portion of the “Lithium Triangle” (which is host to some of the world’s largest lithium resources).

To stop by Millennial Lithium’s website, CLICK HERE


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