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ABOUT POSITIVE MATERIALS

Positive Materials is a privately held Canadian company advancing Project Positive+, an initiative to onshore established pCAM expertise to strengthen the weakest link and risk to the development of a resilient North American battery supply chain.  Project Positive+ aims to create an independent, Canadian midstream manufacturing operation that can enable the local processing and value adding of Canadian critical minerals.

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Project Positive+ seeks to deliver exceptional quality, energy dense pCAM and to achieve the highest standards of quality, performance and sustainability.

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Positive Materials +
Positive Materials +

Our Team

MANAGEMENT

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CO-FOUNDER & CEO

Marco Romero

Over 45 years of leadership history, building teams and businesses internationally, with experience in corporate development, finance and governance in the technical services, mining, mineral processing, battery raw materials and construction materials industries. Company builder since the age of 21 and co-founder of Eldorado Gold, Polaris Materials, Delta Gold, Euro Manganese and Positive Materials. Recipient of several international, national, and regional awards for achievements in corporate social responsibility, safety and environmental excellence.

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CO-FOUNDER & EXECUTIVE DIRECTOR

Kenji Naoi

Experienced executive, with over 20 years of extensive international business experience in steel products, battery raw materials & metals trading, recycling and processing. Managing Director of METz Corporation, a mid-size metals distributor, recycler and processor, and one of Japan’s largest importers and distributors of manganese metal. Fluent in Japanese and English. Law degree.

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CHIEF FINANCIAL OFFICER

Gregg Orr

35 years of international financial leadership experience across various industries, including corporate strategy and finance, governance, compliance, operations and accounting. Former Audit Partner with Deloitte, including serving as BC Mining Leader. Previous CFO and board positions for Canadian private and public companies. BSc. Electrical and Electronic Engineering.

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CHIEF TECHNICAL OFFICER

Jerry Flood

Chemical engineer and senior executive with extensive project development experience at globally-recognized battery materials specialist BASF. Led all project aspects for two pCAM and two CAM plants in Europe and Japan, completed and qualified for Western customers, including process design, construction, staffing, commissioning, and operations.

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VP, PROJECTS

Ken Palko

Engineer with 25 years of experience in mining, materials handling, logistics and mineral processing in Canada, the USA and Greenland. Multiple senior executive positions, including CEO. Extensive operations experience, as well as a strong background in project evaluation, planning and development. Track record of success and respectful working relationships with First Nations in Canada.

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VP, ENVIRONMENT

David Rayworth

Environmental planning and management specialist with over 25 years of experience across Canada. Long history as an Environmental Impact Assessment (EIA) expert at one of Canada’s leading environmental consulting firms. Recent five-year tenure as a senior major project reviewer at the Impact Assessment Agency of Canada. Strong understanding of federal and provincial regulatory process. New Brunswick (NB) born with extensive knowledge and understanding of the Province, and experience working with New Brunswick First Nations.

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pCAM TECHNOLOGY LEAD

Stuart Johnson

Highly experienced technical and supply chain expert in the chemical process industries. Specialist knowledge in solids-based processes including pigments, catalysts and battery materials, including pCAM. Strong background in technology scouting, scaling-up, and commercialization of next-generation processes. PhD, Chemical Engineering; FIChemE.

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COMMERCIAL DIRECTOR

James Mills

Battery specialist with technical & commercial expertise in supply chain development, product integration and strategic purchasing. Former critical minerals market & equity analyst at London investment bank. Former member of Volkswagen AG’s cathode active materials and critical materials in-house strategic procurement team. Recent roles in value chain strategy, regional policy & legislation assessment, contractual negotiations at Benchmark Minerals Intelligence. MSc Geology & Geophysics; MSc Metals & Energy Finance.

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Positive Materials +
Positive Materials +

BOARD OF DIRECTORS

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CEO & DIRECTOR

Marco Romero

45 years of corporate leadership building teams and businesses internationally, with experience including corporate finance and technical services in the mining, mineral processing, battery raw materials and construction materials industries. Company builder since the age of 21 and co-founder of several enterprises including Eldorado Gold, Polaris Materials, Delta Gold, Euro Manganese and Positive Materials. Recipient of several international, national, and regional awards for achievements in corporate social responsibility, safety and environmental excellence.

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EXECUTIVE DIRECTOR

Kenji Naoi

Experienced executive, with over 20 years of extensive international business experience in steel products, battery raw materials & metals trading, recycling and processing. Managing Director of METz Corporation, a mid-size metals distributor, recycler and processor, and one of Japan’s largest importers and distributors of manganese metal. Fluent in Japanese and English. Law degree.

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CHAIRMAN & INDEPENDENT DIRECTOR

Darrell Podowski

Partner at Cassels Brock & Blackwell LLP, a leading Canadian law firm. Advises a diversity of companies on corporate finance and M&A transactions, general corporate commercial matters, compliance and governance. Expertise in negotiating complex transactions, strategic alliances, off-take agreements, joint venture and joint operating agreements, specializing in the mining and critical materials sectors. Previously worked as in-house counsel to Teck Resources and as a geophysicist with Amoco Canada.

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INDEPENDENT DIRECTOR

Lori Goucher

Senior chemical industry executive. Experience developing new process technologies & building and operating large-scale industrial facilities globally. Recent Senior Vice President with BASF, a leading chemicals and battery materials producer, responsible globally for capital investment development / execution, process technology, EHS and continuous improvement for catalysts and battery materials. Strong cross-functional experience in engineering, manufacturing, procurement, EHS, sales and business management. Chemical Engineer

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INDEPENDENT DIRECTOR

J. Craig Dudra

Former Regional Head of B.C. and Managing Director at RBC Capital Markets, with 30+ years of diverse capital markets experience and team leadership. A proven track record with over $20B in lead transaction execution / origination across a broad range of transactions including corporate M&A (friendly & hostile), equity raises (IPOs & bought deals) and debt raises (IG and HY). Chartered Accountant, CFA charter holder, Top 40 under 40 award (Vancouver).

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Positive Materials +
Positive Materials +

ADVISORS

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Wenling Sun

Strategic Advisor: Technology, Procurement & Strategic Relationships

Economist with 28 years’ experience in international metals trading, procurement & project development. Served as China’s representative for several international companies, including Euro Manganese. Expertise in engineering, procurement, project planning, construction, market intelligence and technology. Battery raw materials focus since 2016.

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Masahiro Mogari

Strategic Advisor: Market Intelligence,
Technology & Customer Relationships

Former longstanding President and later Chairman of Tanaka Chemicals, a leading Japanese pCAM producer. Extensive experience in pCAM products and related technologies, development, industrialization, manufacturing and commercialization.

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Pierre Massé

Strategic Advisor: Project & Corporate Finance, Accounting, and Corporate Governance

Founding CFO at Positive Materials until his retirement in 2026. Former CFO of Pan American Silver, Eldorado Gold, Ivanhoe Mines and Euro Manganese. Holds a B.Sc. in Mining Engineering, received his Chartered Accountant designation in Canada (CPA) and is a Chartered Financial Analyst (CFA).

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Ausenco:

Current Focus: Pre-Feasibility Study

Ausenco is a global company with deep technical expertise, and a 30-year track record, delivering innovative, value add consulting services, project delivery, asset operation and maintenance solutions in the mining & metals and industrial sectors.

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Worley

Current Focus: Environmental technology options

Worley Limited is a global project planning and delivery, environmental, and construction company with over 48,000 employees around the world. They have been behind some of the most important battery manufacturing and battery materials development projects in Europe and North America.

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Gemtec 

Current Focus: Environmental baseline studies and impact assessment. Permitting

Gemtec is a leading New Brunswick multi-disciplinary engineering, environmental and materials testing firm, with over 360 employees across eastern Canada.

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Ramboll

Current Focus: Specialized pCAM environmental expertise

Ramboll is a Danish engineering, environmental and architectural firm with over 18,000 employees working in 35 countries, including Canada. Its expert teams have been playing a lead role in the environmental planning and permitting of some of the most important pCAM development projects in Europe and North America.

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Mcmillan LLP

Legal Counsel
 

Mcmillan LLP is a Canadian business law firm serving public, private and not-for-profit clients across various industries in North America and around the world.

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Ernst & Young

Audit and Tax Advisor

Ernst & Young is one of the world’s leading audit, financial management, risk advisory, tax and accounting firms.

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PARTNERS
pCAM TECHNOLOGY PARTNER
Kansai Catalyst Co Logo
Positive Materials has selected Kansai Catalyst Co. Ltd as its pCAM technology partner. The two companies entered into a Technical Support and Technology Licensing Agreement in Principle (“AIP”) on January 31, 2025.
 
The AIP was the culmination of an exhaustive pCAM Technology Partner selection process that Positive initiated in 2023 to secure critical technology and manufacturing knowhow for its proposed pCAM plant in Belledune, New Brunswick. During this period, fourteen leading pCAM producers were assessed and discussions were initiated on a potential collaboration, culminating in the selection of Kansai as the Project Positive+ pCAM technology provider.
ABOUT KANSAI CATALYST CO. LTD
Kansai Catalyst offers key functional materials used in a wide variety of fields including batteries, electronic components, catalysts, pigments, and reagents. Kansai's wealth of technologies and know-how allows them the ability to propose and provide optimum solutions for its customers. Kansai strives to be the best at quality, technology, and environmental sustainability.

© 2026 by Positive Materials Inc.

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