Covalent Lithium Pty Ltd
Thomas Kwan is a seasoned financial professional with extensive experience in accounting and financial services. Currently serving as a Senior Financial Accountant at Covalent Lithium Pty Ltd since June 2023, Thomas has held significant roles at various companies including DRA Global, Austin Engineering Ltd, Intertek, EY, QBE Insurance, and PwC in both Australia and Singapore. Expertise encompasses group reporting, technical accounting, treasury management, financial control, and statutory reporting, with a focus on IFRS standards relevant to financial instruments and insurance contracts. Thomas holds a Bachelor of Commerce in Accounting from The University of Queensland and a Diploma in Information Technology from Nanyang Polytechnic.
Covalent Lithium Pty Ltd
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Covalent Lithium is committed to enabling a cleaner energy future by meeting the demand for battery quality lithium hydroxide. As a joint venture between Wesfarmers and SQM, we utilise decades of expertise, curiosity, and excellence to produce solutions that address the need for sustainable energy. Our Mount Holland project, which includes a mine, concentrator, and our Kwinana refinery, is strategically positioned for both local and international markets. It is set to produce approximately 50,000 tonnes of lithium hydroxide annually, enough to power around 1 million EVs and replace regular vehicles on the road each year, with an expected mine life of around 50 years. When fully constructed, Covalent will be a unique, fully integrated producer of lithium hydroxide in Western Australia. The establishment of a mine, concentrator, and refinery in Western Australia allows complete control over the end-to-end value chain. Covalent Lithium is committed to sustainable best practices, including researching the development of circular economy product use and reuse, with careful consideration of the impact on individuals, communities, and the environment. With the completion of the refinery construction anticipated in late 2024 and the first lithium hydroxide product expected in the first half of 2025, we are proudly poised to shape the future of energy in WA and across the globe.