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Core Lithium has announced that it appointed a CFO, effective from 24 June 2024. 

James Virgo stepped into the role and has been with Core since 2023, serving as Interim CFO since March 2024. 

Core Lithium said that Mr Virgo is a qualified Chartered Accountant and an experienced finance and commercial professional with over 12 years of experience in the mining and professional services industries. Throughout his career, Mr Virgo has held various senior finance and leadership roles. 

Before joining Core Lithium, Mr Virgo was the General Manager of Finance and Investor Relations at Resolute Mining. In this role, he was responsible for all finance-related activities, managing taxation issues, driving business development initiatives, handling capital management and maintaining investor relations.  

Core Lithium said that Mr Virgo possesses a comprehensive understanding of the financial landscape within the mining sector and demonstrates the ability to manage complex financial operations. 

Core’s CEO Paul Brown, said, “I am delighted that James has accepted the permanent position of Chief Financial Officer. Mr Virgo has supported me significantly during my transition into my new role. He brings a wealth of experience and dedication to Core. His deep understanding of our company’s financial landscape will undoubtedly strengthen our financial team and contribute greatly to the future of Core Lithium. 

“I also wish to extend my gratitude to outgoing Chief Financial Officer and Interim CEO, Doug Warden, who will be leaving Core Lithium at the end of June. Mr Warden has provided me with a solid introduction and handover and I wish him the best in his future endeavours.” 

Mr Virgo said, “I am excited to continue contributing to our team’s success at Core Lithium. I will focus on the right areas for our cost base and funds allocation to ensure we can grow and respond to market conditions.” 

Image credit: woaiweitu/Shutterstock.com. 

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