Ilika CEO appointed as Non-Executive Director of Bacanora Lithium

lithium

Ilika plc (LON:IKA), a pioneer in solid-state battery technology, has today announced that Graeme Purdy, Ilika’s Chief Executive Officer, in addition to his executive responsibilities at Ilika, has been appointed with immediate effect as a Non-Executive Director (“NED”) to the board of Bacanora Lithium plc (LON:BCN), a lithium exploration and development company.

Bacanora owns lithium assets in Mexico and Germany. It is currently focused on building, in collaboration with its major shareholders and offtake partners, Ganfeng Lithium and Hanwa Corporation, some of the world’s largest lithium metals producers and lithium chemical traders, a 35,000 tonne per annum open pit lithium carbonate (Li2CO3) operation at its flagship asset, the Sonora Lithium Project in Mexico. The Sonora Lithium Project has 8.8 million tonnes of lithium carbonate equivalent resources, with an approximate 250-year resource life.

Ilika’s CEO Graeme Purdy, stated: “As Ilika scales up its technology and moves from a development into a manufacturing phase, Ilika’s board believes it is important Ilika has a detailed insight into the global lithium ion battery supply chain. Given the exciting developments at Ilika, I intend to limit myself to one NED role and we believe this NED position at Bacanora will offer important insights into the dynamics and relationships of the lithium market, ensuring the role benefits both companies.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Ilika FY25 results: Stereax manufacturing shift, Goliath roadmap

Ilika reported results for the year ended 30 April 2025. The group advanced transfer of Stereax miniature solid state battery manufacturing to Cirtec in the US and validated Goliath EV prototypes, including scale up work at UKBIC.

Ilika secures £1.25 million grant for Goliath A-sample production

Ilika will receive £1.25 million from the APC Demonstrate fund to produce its first Goliath A-Sample solid-state batteries in a 12-month PRIMED programme with HSSMI and UKBIC, starting 1 August 2025.

Ilika raises £0.9m in upsized retail offer

Ilika plc announces the conclusion of its oversubscribed Retail Offer, raising £0.9 million and increasing gross proceeds to approximately £4.2 million.

Ilika launches £3.8m fundraise including £0.5m Retail Offer

Ilika Plc has successfully closed its accelerated bookbuild, raising approximately £3.3 million to enhance solid-state battery technology and commercial growth.

Ilika announces £3.5m fundraise via Placing and Retail Offer

Ilika Plc, a leader in solid-state battery technology, plans to raise approximately £3.0 million through a new share placing and a retail offer for shareholders.

Ilika’s Goliath prototypes win OEM validation

Ilika plc has confirmed its P1 Goliath solid-state battery prototypes meet specifications, showcasing significant progress in testing and commercial viability.

Search

Search