SYDNEY, AUSTRALIA: Green Critical Minerals (ASX: GCM) has appointed Mr Mark Lynch-Staunton as Chief Executive Officer (CEO). Mr Lynch-Staunton is an skilled metals and mining professional, with greater than 15 years in project feasibility, development, and operations throughout Gold, Base Metals, Rare Earth Elements (REE) and Iron Ore.
Mr Lynch-Staunton has led research on globally significant mining projects, most recently main the study team on Reko Diq – one of many world’s largest undeveloped copper deposits.
Mr Lynch-Staunton has significant expertise in adopting new technology and mining practices to unlock project worth and mine extra sustainably. His skillset will complement the existing and extremely skilled team together with graphite Sales and Marketing Advisor Mr Christopher Whiteley and graphite metallurgical expert Mr Oliver Peters.
Mr Lynch-Staunton’s official graduation date with the Company is 1 February 2023. The materials phrases and conditions of Mr Lynch-Staunton’s Executive Services Agreement are set out within the schedule on the finish of this announcement.
Executive Chairman Leon Pretorius commented: “Being able to draw a CEO with the caliber of Mark’s expertise and confirmed technical and commercial acumen speaks volumes about the potential of the McIntosh Graphite project.
The expertise Mark will bring to GCM from his a few years working for a few of the world’s largest mining companies was a significant attraction for the GCM board and is precisely what’s required for the McIntosh Project. Mark has efficiently delivered Feasibility and optimisation Studies on quite a few global projects, together with most recently a multi-million ounce Au-Cu deposit in Tanzania.
The Board welcomes Mark’s expertise in all facets of study administration and can support his immediate focus to extend the useful resource at McIntosh, replace the Feasibility Study and project economics to ship the McIntosh project to its full potential.
Mr Lynch-Staunton commented: “I am extremely inspired to join and lead Green Critical Minerals at this thrilling phase. The high quality of the assets and the imaginative and prescient to ship into the critical minerals space are extremely attractive. The McIntosh graphite deposit is a transparent standout and represents one of many best near-term critical mineral development alternatives in Australia. It has all of the hallmarks to become a number one Australian graphite producer. I look ahead to delivering worth to shareholders.
Critical minerals are vital for renewable energy and the EV revolution, and it’s extremely important we additionally flip our consideration to mining them responsibly and sustainably. To this end, I will be exploring carbon mitigation methods and if necessary, carbon offsets, with a view to achieving Australia’s first net-zero carbon graphite mine.
The REE potential at North Barkley additional rounds out GCM’s imaginative and prescient to ship critical minerals in tier 1 locations. I look ahead to uncovering the true potential for what’s shaping as much as be a significant REE find.”