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Pele Mountain adds new chair to board

Pele Mountain Resources has announced Wayne Richardson as its new chair of the board of directors. Richardson is president and CEO of Enirgi Group , a privately held specialty chemicals and diversified industrials company headquartered in Toronto.
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Wayne Richardson

Pele Mountain Resources has announced Wayne Richardson as its new chair of the board of directors.

Richardson is president and CEO of Enirgi Group, a privately held specialty chemicals and diversified industrials company headquartered in Toronto. Enirgi owns and operates a portfolio of diversified assets and operations focused on power storage, chemicals, resources, innovation, environmental services, and agriculture.

“I am pleased to join Pele as its chairman and I look forward to working closely with both the board of directors and Pele’s management team,” Richardson said in a release.

“Pele’s proposed rare earth processing operations and renewable energy project at Eco Ridge offer excellent development potential and I welcome the opportunity to work with the team to deliver positive results and create value for shareholders.”

Pele is focused on advancing the Eco Ridge Mine Rare Earth and Uranium Project in Elliot Lake, hosting a rare earth processing centre, and has begun assessing its potential to host a large-scale renewable energy project.