Announcement • Jun 23
Lithium Ionic Corp. Announces Appointment of Clovis Torres to Board of Directors
Lithium Ionic Corp. announced the appointment of Clovis Torres to its Board of Directors. Mr. Torres is a highly respected Brazilian executive, lawyer, and corporate governance leader with more than three decades of experience across mining, energy, infrastructure, project finance, M&A, regulatory affairs, compliance, crisis management, and public company governance. He has held senior leadership and board positions at some of Brazil’s most important mining, energy, and infrastructure companies. He previously served as an Executive and General Counsel of Vale S.A. for 17 years ending in 2018, where his responsibilities included legal, governance, compliance, institutional relations, M&A, tax, energy, and human resources. During his tenure at Vale, he also served as Secretary to the Board of Directors and led the company’s Crisis and Ethics Committees. Mr. Torres also served as a member of the Board of Directors of Petrobras S.A., Chairman of the Board of BR Distribuidora S.A., and Chairman of the Board of Directors of IBRAM, the Brazilian Mining Institute. He was also previously President and Chief Executive Officer of Furnas Centrais Elétricas S.A., one of Brazil’s largest power generation and transmission companies, where he led initiatives related to privatization preparation, renewable power development, hydrogen energy, and infrastructure modernization. Earlier in his career, Mr. Torres held senior roles in project finance, international investment, and legal advisory with the International Finance Corporation, Cargill, Clyde & Co. and leading Brazilian law firms. He is currently Chairman of the Board and Chief Executive Officer of Belo Sun Mining Corp. and a founding partner of Mello, Torres Advogados, a Brazilian law firm focused on project finance, M&A, restructuring, mining, power, environmental law, and crisis management. Under Mr. Torres's leadership as Chairman and Chief Executive Officer, Belo Sun recently secured the reinstatement and subsequent reissuance of the Installation License for its 100%-owned Volta Grande Gold Project in Pará State, Brazil after the license had been suspended since 2017. Mr. Torres holds an LL.M. with a specialization in International Law, Trade and Finance from Tulane Law School and a law degree from Universidade Católica de Salvador. He is fluent in Portuguese, English, and Spanish, with a working knowledge of French. He has been recognized with several professional honours, including the Legislative Merit Medal from the Brazilian Congress, the Medal of Honor from the State of Minas Gerais, and Latin American and Global General Counsel of the Year awards from the Association of Corporate Counsel and International Law Office.
