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Hancock’s big leadership shakeup

Hancock

Keep up with the latest executive movements across the mining sector, featuring Hancock Prospecting, Volt Resources, Lake Resources and more.

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Hancock Prospecting has made a raft of executive changes, and subsidiaries Roy Hill and Atlas Iron will no longer have separate bosses.

Roy Hill chief executive officer Gerhard Veldsman has been appointed as Hancock’s chief executive of group operations, where he will oversee the Roy Hill and Atlas Iron operations.

Atlas Iron chief executive officer Sanjiv Manchanda will become Hancock’s chief executive of growth projects. This comes as the company looks to boost its production capacity to 100 million tonnes a year.

Barry Fitzgerald, Roy Hill’s inaugural chief executive who moved into board roles in March 2021, will return to a key management role as iron ore technical director.

Roy Hill enjoyed a strong performance in the 2021–22 financial year, recording an after-tax profit of $3.2 billion. This allowed the company to pay $3.3 billion in dividend payments to its equity partners Hancock Prospecting, Marubeni, POSCO and China Steel Corporation.

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Prashant S. Chintawar has been appointed as the new chief executive officer of graphite producer Volt Resources.

Since joining Volt in September 2022, Chintawar has shown a high level of proficiency in key objectives such as the development of the company’s downstream business and assessment of battery anode material business activities in the US and Europe.

While mining and processing of raw materials is Volt’s foundation, the company anticipates significantly greater future value creation to be derived from the manufacturing of graphite-based battery materials within US and European markets.

Managing director Trevor Matthews will transition to executive director – finance and commercial, while chief operating officer Justine McDonald will take on a larger role in the operation and advancement of Volt’s graphite assets.

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Tambourah Metals has announced managing director Paul Araujo has stepped down for personal reasons. Rita Brooks will continue as executive chair.

Tambourah is advancing a suite of gold and critical minerals projects in Western Australia. Its flagship Tambourah gold project in the eastern Pilbara region has had more than 5000 ounces of historic gold production.

The company is also advancing its Julimar North project in southern Western Australia, which is proximate to Chalice Mining’s Julimar project and is prospective for nickel-copper-platinum group elements.

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Lake Resources has made a host of executive appointments, such as appointing Howard Atkins to its board to provide deep experience in financial management, capital markets, foreign exchange, and governance.

Dr Cheemin Bo-Linn has been appointed to Lake’s board to provide experience in environmental, social and governance (ESG) outcomes.

Dr Bo-Linn is an accomplished chief executive officer with a proven track record in corporate governance, where she has been recognised for innovation, integrity and boardroom excellence.

Lake has also appointed John Freeman as chief legal officer and general counsel.

With four lithium brine projects at its disposal, Lake has the largest lithium lease holding in Argentina.

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