Future Battery Minerals Management

Management criteria checks 0/4

Future Battery Minerals' CEO is Nick Rathjen, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is A$753.58K, comprised of 28% salary and 72% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth A$138.70K. The average tenure of the management team and the board of directors is 1.8 years and 1 years respectively.

Key information

Nick Rathjen

Chief executive officer

AU$753.6k

Total compensation

CEO salary percentage	28.0%
CEO tenure	1.1yrs
CEO ownership	1.1%
Management average tenure	1.8yrs
Board average tenure	1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Rathjen's remuneration changed compared to Future Battery Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$754k	AU$211k	-AU$15m

Compensation vs Market: Nick's total compensation ($USD489.72K) is above average for companies of similar size in the Australian market ($USD297.81K).

Compensation vs Earnings: Insufficient data to compare Nick's compensation with company performance.

CEO

Nick Rathjen

1.1yrs

Tenure

AU$753,576

Compensation

Mr. Nicholas Rathjen also known as Nick, serves as Director at Future Battery Minerals Limited since October 18, 2023 and also serves as its Chief Executive Officer and Managing Director since October 2023...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicholas Rathjen	CEO, MD & Director	1.1yrs	AU$753.58k	1.1% A$ 138.7k
Robin Cox	Technical Director & Director	1.8yrs	AU$344.13k	0.84% A$ 106.5k
Silfia Morton	CFO & Company Secretary	2.5yrs	no data	no data
Peter Sheehan	Geologist	no data	no data	no data

1.8yrs

Average Tenure

Experienced Management: FBM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas Rathjen	CEO, MD & Director	1.1yrs	AU$753.58k	1.1% A$ 138.7k
Robin Cox	Technical Director & Director	1.8yrs	AU$344.13k	0.84% A$ 106.5k
Neville Power	Independent Non-Executive Chairman	less than a year	AU$62.39k	1.61% A$ 203.0k
Robert Waugh	Independent Non-Executive Director	less than a year	AU$370.00	no data

1.0yrs

Average Tenure

Experienced Board: FBM's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Future Battery Minerals Management

Management criteria checks 0/4

Key information

Recent management updates

Future Battery Minerals Limited, Annual General Meeting, Nov 26, 2024

Future Battery Minerals Ltd Appoints Neville Power as Non-Executive Director

Future Battery Minerals Limited, Annual General Meeting, Nov 22, 2023

Future Battery Minerals Limited Appoints Nicholas Rathjen as Director

Future Battery Minerals Limited Announces Resignation of Paul Brown Has Resigned as Non-Executive Director

Future Battery Minerals Ltd Announces the Appointment of Nicholas Rathjen as Managing Director, Effective 6 December 2023

Recent updates

Austroid Corporation completed the acquisition of 80% stake in Nevada Lithium Pty Ltd from Future Battery Minerals Limited (ASX:FBM) for AUD 4 million.

Austroid Corporation completed the acquisition of 80% stake in Nevada Lithium Pty Ltd from Future Battery Minerals Limited (ASX:FBM) for AUD 4 million.

Austroid Corporation agreed to acquire 80% stake in Nevada Lithium Pty Ltd from Future Battery Minerals Limited (ASX:FBM) for AUD 4 million.

Future Battery Minerals Limited, Annual General Meeting, Nov 26, 2024

New minor risk - Financial data availability

New major risk - Share price stability

Future Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.

New major risk - Shareholder dilution

New major risk - Financial position

Future Battery Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 6 million.

Future Battery Minerals Limited (ASX:FBM) agreed to acquire 85% stake in Coolgardie Nickel Pty. Ltd. from Corazon Mining Limited (ASX:CZN).

New minor risk - Share price stability

Future Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 7.580042 million.

Future Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 7.580042 million.

Future Battery Minerals Ltd Appoints Neville Power as Non-Executive Director

New minor risk - Share price stability

Future Battery Minerals Limited, Annual General Meeting, Nov 22, 2023

Future Battery Minerals Limited Appoints Nicholas Rathjen as Director

Future Battery Minerals Limited Announces Resignation of Paul Brown Has Resigned as Non-Executive Director

New major risk - Financial position

Future Battery Minerals Ltd Announces the Appointment of Nicholas Rathjen as Managing Director, Effective 6 December 2023

Future Battery Minerals Limited (ASX:FBM) entered into an agreement to acquire the remaining 20% stake in Eastern Coolgardie Goldfields Pty Ltd from GoldFellas Pty Ltd for approximately AUD 3.5 million.

Future Battery Minerals Limited Appoints Paul Brown as a Non-Executive Director, Effective July 1, 2023

Auroch Minerals Limited Commences Drilling At Nevada Lithium Project (Nlp)

Auroch Minerals Limited Commences Reverse Circulation Drilling Targeting Lithium Pegmatites At the Kangaroo Hills Lithium Project (KHLP) in Western Australia

Auroch Minerals Limited Announces Assay Results from Pegmatite Rock Chip Samples Taken At the Kangaroo Hills Lithium Project in Western Australia

Auroch Minerals Limited Announces an Update of Exploration Activities at its 80% Owned Nevada Lithium Project (NLP) in Nevada, USA

Auroch Minerals Limited Announces an Update of Exploration Activities at its 80% Owned Nevada Lithium Project (NLP) in Nevada, USA

Auroch Minerals Limited, Annual General Meeting, Feb 03, 2023

Auroch Minerals Limited Provides Update on Exploration Activities At the Kangaroo Hills Lithium Prospect

No independent directors

Auroch Minerals Limited Receives Assay Results for Exploration and Resource Drilling At the Nepean Nickel Project

Auroch Minerals Limited Announces Resignation of Aidan Platel as Chief Executive Officer, Effective 1 January 2023

Auroch Minerals Limited, Annual General Meeting, Nov 22, 2022

Auroch Minerals Limited Announces Rock-Chip Results Confirm Copper and Rare Earths Potential at Arden

Auroch Minerals Limited Announces Rock-Chip Results Confirm Copper and Rare Earths Potential at Arden

Auroch Minerals Limited Announces Nevada Lithium Project Update

Auroch Minerals Limited Announces Nevada Lithium Project Update

Auroch Minerals Limited Announces Jorcmineral Resource Estimate for the Known Shallow Nickel Mineralisation Completed At the Nepean Nickel Project

Auroch Minerals Limited Announces Commencement of Exploration At the Arden Zinc-Copper Project in South Australia

Auroch Minerals Limited Provides Resource Update for Saints Nickel Project

Auroch Minerals Limited Provides Update on Saints Nickel Project

Auroch Minerals Limited (ASX:AOU) acquired an 80% interest in the issued share capital of Nevada Lithium Pty Ltd from Nedeel LLC, Cratonix Pty Ltd and Krakouer Capital Pty Ltd.

Auroch Minerals Limited Commences Drilling At the Leinster Nickel Project

Auroch Minerals Limited Announces Positive Metallurgical Results for Shallow High-Grade Nickel Sulphides at Nepean

No independent directors

Auroch Minerals Limited (ASX:AOU) entered into an agreement to acquire an 80% interest in the issued share capital of Nevada Lithium Pty Ltd from Nedeel LLC, Cratonix Pty Ltd and Krakouer Capital Pty Ltd .

Auroch Minerals Limited Announces Drilling Intersects Lithium Mineralisation at Nepean

Auroch Minerals Limited Announces High-Grade Nickel Sulphides Intersected in Drill-Hole SNDD018 At the Saint Andrews Deposit of the Saints Nickel Project

Auroch Minerals Limited Provides Saints Nickel Project Drilling Update

Auroch Minerals Limited Provides an Update on Nepean North Prospect

Auroch Minerals Limited Announces Board Changes

Auroch Minerals Limited Commences its Exploration Activities at the Saints Nickel Project (Saints) in Western Australia

Auroch Minerals Limited Provides Update on Exploration Activities At the Nepean Project in Western Australia

Auroch Minerals Limited Announces That the Maiden Diamond Drill Programme into the Nepean Deeps Target Area is Underway At Its Nepean Nickel Project in Western Australia

Director Michael Edwards has joined 5th company board

Director Michael Edwards has joined 5th company board

Director Michael Edwards has joined 5th company board

Director Michael Edwards has joined 5th company board

Director Michael Edwards has joined 5th company board

Director Michael Edwards has joined 5th company board

Auroch Minerals Announces Nepean Exploration Drilling Update

Company Secretary & Financial Controller James Bahen has left the company

Auroch Minerals Limited Reports Planning is Underway for 3,000M Drill Programme at its Nepean Nickel Project

Auroch Minerals Limited to Report That Assays Have Been Received for Diamond Drilling Completed at the Woodwind

Auroch Minerals Limited Provides Exploration Update Nepean Nickel Project

Auroch Minerals Limited Announces Arden Copper ­ Zinc Project

Auroch Minerals Limited Announces Drilling of High-Priority EM Target Commences at Nepean

Auroch Minerals Limited Announces Nepean Drilling Update

Auroch Minerals Limited Announces Arden Copper Zinc Project