SYDNEY, AUSTRALIA: Mineral Commodities Ltd (ASX: MRC) notifies that the Managing Director & CEO Jacob Deysel has resigned for private reasons. Jacob will stay available in an advisory capability to proceed to support the corporate to execute on its vision.
MRC’s Chief Financial Officer (CFO) Adam Bick will assume the role of Interim CEO, efficient today.
Adam joined Mineral Commodities Ltd in April 2017 and have become CFO in June 2019, bringing with him nearly three decades of expertise throughout global useful resource companies.
MRC Chairman Brian Moller thanked Jacob for his significant contribution to the Company since 2021.
“Jacob laid the basis for MRC’s Five Year Strategic Plan 2022-20261 and the recent Rights Issue that was strongly supported by shareholders. He has labored hard on fostering strong relationships with shareholders and regulators, with the Company now well positioned to construct improved profitability in its heavy minerals enterprise and increase the asset worth of its battery minerals business. The Board is very grateful to Jacob and for his ongoing support and needs him well in his future endeavours.”
Commenting on Adam’s appointment, Mr Moller said, “Adam has a lengthy run understanding of MRC’s assets and has constructed positive, wide ranging relationships with staff, customers, suppliers, shareholders and regulators. He brings strong enterprise acumen and can proceed to ship the Strategic Plan for shareholders.
Exciting times lie forward for Mineral Commodities Ltd. The heavy minerals enterprise will search to develop profitability through the introduction of pending manufacturing from the Inland Strands, additional manufacturing from the fully funded third primary focus circuit and transition into higher worth completed merchandise from mineral separation plants.
The battery minerals enterprise will search to develop its asset valuation through accelerated Munglinup development with a FID focused for Q2 2023, seeking additional funding to support pilot plant construction for downstream graphitic anode qualification and increasing graphite resources.”
Mineral Commodities Ltd (ASX: MRC) is a global mining and development firm with a primary focus on the event of high-grade mineral deposits inside the industrial and critical minerals sectors.