ST. PAUL, MN – PolyMet named a Glencore senior executive to its board on Wednesday.
Peter Freyberg is a 40-year mining veteran who currently serves as the head of industrial assets for Glencore, PolyMet said in a news release.
Just last month, Switzerland-based mining company Glencore took nearly 72 equity in PolyMet.
Earlier this year, the copper-nickel mining project received its final permit, paving the way for the company to secure financial backing.
PolyMet also announced Wednesday that Mike Ciricillo was stepping down from the board effective immediately.
Ciricillo, who is head of Global Copper Assets at Glencore, has served on the board since July 2017.