Latin Resources Ltd (ASX:LRS, OTC:LRSRF) is proud to announce that its Managing Director, Chris Gale, has been honored as the ‘Asia Pacific Business Leader’ at the prestigious Asia Pacific Business Awards 2023-2024, recognizing his exceptional leadership, strategic vision, and outstanding contributions to the company’s success.
The Asia Pacific Business Awards celebrate excellence in business leadership across various sectors in the Asia Pacific (APAC) region, highlighting the achievements of companies, entrepreneurs, executives, and advisors who have demonstrated exceptional professionalism, performance, and resilience in challenging times.
Chris Gale expressed his gratitude for the recognition, attributing the award to the collective efforts of the entire Latin Resources team. He emphasized the company’s commitment not only to business growth but also to regional development, particularly in fostering sustainable practices and economic growth in the areas where they operate. 
Under Chris Gale’s leadership, Latin Resources has evolved from a copper exploration company to a leading lithium spodumene miner, boasting the largest single lithium deposit in Brazil with the Salinas Project. The company is dedicated to establishing a sustainable lithium operation in Lithium Valley Brazil, prioritizing environmental responsibility and community engagement.
Latin Resources is actively involved in community initiatives, including educational programs and youth training, while maintaining transparency and open communication with local residents through its information office in Salinas.
The Salinas Lithium Project showcases strong project economics, with a significant mineral resource estimate and promising preliminary economic assessments. With an after-tax net present value (NPV8) of $3.6 billion and an impressive after-tax internal rate of return (IRR) of 132%, the project underscores Latin Resources’ potential as a key player in the lithium sector.
In addition to the Salinas Project, Latin Resources holds the Catamarca Lithium Project in Argentina, further bolstering its position in the global lithium market and supporting the growing demand for battery metals in the context of global decarbonization efforts.
