Power joins Future Battery Minerals

Former Fortescue Metals boss Nev Power has joined Future Battery Minerals as non-executive director.

Mr Power, who was convicted of breaching Western Australia’s COVID border restrictions earlier this year, also serves on the boards of Strike Energy and APM Human Services International.

He and his son pleaded guilty to breaching the state’s border restrictions and avoiding quarantine after they flew into WA in their private helicopter in October 2021.

Mr Power took a leave of absence from the boards of Strike Energy, APM Human Services International and Genesis Minerals in February, before returning to Strike and APM in April.

He returned to Genesis Minerals for one month in June before resigning from the goldminer completely.

Mr Power served as Fortescue Metals managing director and chief executive from 2011 to 2018.

Prior to joining Fortescue, he held chief executive positions at mining services provider Thiess and steel manufacturer Smorgon Steel Group.

Future Battery Minerals non-executive chair Mike Edwards said he welcomed Mr Power’s calibre and professional track record to the company.

“His achievements within the resources industry are well known and the substantial value he will bring to our business is self-evident,” he said.

“I believe that his decision to join FBM also represents another strong validation of both our projects and people.”

Mr Power said he was drawn to Future Battery Minerals for the quality of its exploration assets and the energy and talent of its executive team.

“This has seen the company achieve a huge amount in a relatively short period of time, and also holding a very clear vision of where it wants to go in the future,” he said.

“In my experience, these are the makings of an outstanding resources business and one that is already resolutely shareholder value focused.

“I look forward to helping drive FBM to new levels of performance and profile.”

On the ASX, Future Battery Minerals shares last traded at 7.3 cents per share.