Lithium Chile Announces CEO Resignation and Interim Leadership Transition

Lithium Chile Inc., a company with a portfolio of 11 properties spanning 106,136 hectares in Chile and 29,245 hectares on the Salar de Arizaro in Argentina, announced the resignation of its President and CEO, Steven Cochrane, effective September 29, 2026. The Board of Directors expressed their unqualified and sincere appreciation to Cochrane for his significant contributions over the past nine years.

Cochrane's decision to step down was guided by his retirement ambitions. Al Kroontje, the Chairperson of Lithium Chile, will assume Cochrane’s responsibilities on an interim basis.

The company’s portfolio includes a diverse range of properties, providing a robust foundation for continued exploration and development. Lithium Chile’s commitment to advancing its projects in South America underscores its strategic importance in the global lithium market. The completion of an NI 43-101 compliant Resource Report, a Preliminary Economic Assessment, and a Prefeasibility Study on the Arizaro project are notable achievements that have positioned the company for future success.

With Cochrane's departure, the company faces the challenge of transitioning to a new leadership structure. The interim role of Al Kroontje will be crucial in ensuring a smooth transition and maintaining the momentum of the company’s projects. The Board of Directors and shareholders will be closely monitoring the progress of these initiatives as the company navigates this new phase.

The Arizaro project, which has generated exceedingly robust economics, remains a key asset for Lithium Chile. The company’s dedication to advancing this project, despite the recent setbacks, highlights its commitment to delivering value to its shareholders. As the company moves forward, it will be essential to continue leveraging the expertise and experience of its team to drive progress and success.