Simbol Materials Appoints Materials Industry Leader Dr. John Burba as CEO (Fort Mills Times)
Simbol Materials has appointed Dr. John Burba as President and CEO. The former Chief Technology Officer of Molycorp, Inc. will move the company forward with commercializing its proprietary mineral extraction technology, unlocking a vast untapped resource for lithium and other specialty materials from the mineral rich geothermal brines located in the Imperial Valley in California.
This appointment follows a major milestone at the company’s demonstration plant with the production of battery grade lithium carbonate from the brine of an operating geothermal power plant (the John L. Featherstone Power Plant), a world’s first. The company is targeting to break ground in 2014 with initial production of approximately 15,000 metric tonnes of lithium carbonate equivalent (LCE) to include both ultra-pure lithium hydroxide and lithium carbonate.
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