First Tin PLC has announced the appointment of Ross Ainger as a Non-Executive Director, effective immediately. Ainger will replace Seamus Cornelius, who is stepping down from the Board to pursue other opportunities. Ainger will also serve as Chairman of the ESG Committee and as a member of the Audit/Risk and Remuneration/Nominations Committees. Ainger has been working as the Company Secretary since March 2022 and has previously worked as an independent corporate consultant, advising various firms. He has also held positions at Arlington Group Asset Management Limited, Merrill Lynch Investment Managers, Deutsche Bank, and Reuters. Ainger will continue to serve as Company Secretary in addition to his new role as Non-Executive Director.
First Tin CEO Thomas Buenger expressed his delight in welcoming Ainger to the Board and stated that his extensive knowledge of the business will be of great value. Buenger also thanked Cornelius for his contribution to First Tin as a Non-Executive Director since the company's IPO in April 2022.
First Tin is a tin development company focused on becoming a tin supplier in conflict-free, low political risk jurisdictions. The company aims to rapidly develop high-value, low capex tin assets in Germany and Australia. Tin is a critical metal in the decarbonization and electrification of the world, and Europe has limited supply. The company's assets have been de-risked significantly, with extensive work already undertaken.