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"All installations will use standard commercially available BRLA batteries with the only difference being battery size," says program leader Keku Mistry.
Chemicals company Albemarle Corporation (NYSE:ALB) said on Monday that its board of directors has named Laurie Brlas to the board.
Brlas will also serve as a member of the company's board's Audit & Finance Committee and Nominating & Governance Committee.
Most recently, Brlas has served as the executive vice president and chief financial officer of Newmont Mining Corporation, positions she held from September 2013 until October 2016.
He replaces Laurie Brlas, who was named executive vice president and president of global operations.
Laurie Brlas, Cliffs' executive vice president, global finance and administration & chief financial officer, said, 'Given the recent volatility in the global equity markets, today's adoption of a repurchase authorization will allow Cliffs to opportunistically acquire shares at attractive valuations.
Laurie Brlas, CMA, CPA, former Executive VP and CFO, Newmont Mining Corporation
Cliffs stated that while it is searching for a replacement the business development group will be led by Laurie Brlas, executive vice president and chief financial officer.
The company executive vice president and chief financial officer, Laurie Brlas, said, 'The placements enhance Cliffs' financial flexibility and will allow us to quickly act on opportunities to grow our business as they arise.'
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