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BERWYN, PA - Chilean Cobalt Corp. (OTCQB:COBA) announced Tuesday the appointment of Ash Lazenby to its Board of Directors, adding expertise in critical minerals trading and battery supply chain investment to its leadership team. The company’s stock, currently trading at $0.37, has experienced significant volatility with a beta of 2.71, making it nearly three times more reactive to market movements than average. According to InvestingPro analysis, the stock appears slightly overvalued at current levels.
Lazenby joins the board as the company works to advance its La Cobaltera cobalt-copper project in northern Chile. He previously spent eight years at Glencore, where he worked in Switzerland across finance and global cobalt trading functions before moving to New York as a senior critical minerals trader managing North American cobalt operations and expanding the lithium portfolio.
During his tenure at Glencore, Lazenby established and maintained trading partnerships with major companies including Tesla and General Motors. His experience spans spot trading, long-term structured contracts, and strategic investments in battery supply chain companies.
Before joining Glencore, Lazenby worked as a natural resources sector sell-side analyst covering companies of various sizes and as an investment banker raising capital for resource companies. He holds a Master of Physics from Oxford University.
Chilean Cobalt Corp. describes itself as a US-based critical minerals exploration and development company focused on the La Cobaltera project, which it characterizes as one of the world’s few primary cobalt districts.
The appointment information was shared in a company press release statement.
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