SYDNEY, AUSTRALIA: Argosy Minerals Limited (ASX: AGY) introduced the appointment of present Non-Executive Director Mr Mal Randall as Non-Executive Chair, efficient from 31 May 2022.
Mr Randall will succeed Mr Alex Molyneux, who has served because the Non-Executive Chairman of Argosy since 15 August 2016.
Mr Molyneux has suggested his intention to retire from the Board on the Company’s Annual General Meeting. Mr Molyneux has served a pivotal role inside the Company’s development and growth as an rising and globally significant lithium carbonate producer.
He has led the Company right into a interval the place sustained EV progress has become a reality, and the place Argosy Minerals will become one of world’s main suppliers of the important thing battery materials inside the years ahead.
Mr Randall succeeds Mr Molyneux, and was appointed a Non-Executive Director of Argosy in March 2017. Mr Randall holds a Bachelor of Applied Chemistry degree, is a Fellow of the Australian Institute of Company Directors, and has greater than forty five years’ of extensive expertise in corporate, administration and marketing inside the useful resource sector, together with greater than 25 years with the Rio Tinto group of companies. His expertise covers a various vary of mineral actions and he has held the place of Chairman and director of a number of ASX listed companies.
As a half of the Company’s succession program and to additional construct skills and functionality at Board level, the Company has appointed Mr Bruce McFadzean and Mr Peter De Leo as Independent Non-Executive Directors.
Mr McFadzean is a certified mining engineer with greater than forty years’ expertise inside the worldwide resources industry, and was recently the Managing Director of Sheffield Resources Limited. Mr McFadzean has led the financing, development and operation of a number of new mines across the world. Mr McFadzean’s skilled profession includes 15 years with BHP Billiton and Rio Tinto in a number of positions, and 4 years as Managing Director of profitable ASX gold miner Catalpa Resources Limited.
Under Mr McFadzean’s management, Catalpa was concerned inside the merger to create Evolution Mining Limited.
Mr De Leo is currently the Managing Director of Lycopodium Limited and has been with the organisation since 1994. Mr De Leo is a civil engineer with over 30 years’ expertise in engineering and construction inside the resources and infrastructure sectors, and is a Fellow of the Institute of Engineers Australia. Mr De Leo possesses strong enterprise administration and project implementation skills, and has been accountable for the profitable supply of many of Lycopodium’s pioneering and large scale projects. In his company roles he has led Lycopodium in shaping and reshaping as required to meet market wants and capitalise on opportunities.
Argosy Minerals Managing Director, Jerko Zuvela said “Alex has had a lengthy affiliation and contributed immensely over a interval of strong growth for the Company. He has been an excellent Chair and his guidance has been of nice worth to me personally and the Board. On behalf of Argosy and our stakeholders, I sincerely thank Alex for his excellent commitment, contribution and a few years of service to the Company. We want him well in his future endeavours.
We look ahead to Mal taking on the Chair role, noting his huge experience, knowledge and offering valuable management to our team will be well received. I’d additionally like to welcome Bruce and Peter to the Company, who will add immense worth and bring their strong engineering and construction skills experience, throughout a interval of transformation for Argosy as we transfer right into a staged development and manufacturing pathway – with commencing lithium carbonate manufacturing operations, delivering upcoming cashflow generation, and constructing towards the subsequent stage 12,000tpa scale operations.”
www.argosyminerals.com.au