– UK, Cardiff –  Ironveld Plc (LON: IRON) today announced that Martin Eales is joining the Company as CEO and will be appointed to the Board of Directors from 16 December 2019.

Dr Peter Cox will become Technical Director of the Company, focusing on technical matters relating to the future smelting operations and offtake partners.

“I am very pleased to welcome Martin to the Company and to the Board of Ironveld. His strong sector knowledge and experience supporting and leading companies to deliver their growth plans will be invaluable in guiding Ironveld through the next phase of its development.,” said Giles Clarke, the Chairman.

On behalf of the Board, I would like to thank Dr Peter Cox for his enormous contribution whilst CEO of Ironveld and look forward to working alongside him in his new role as Technical Director, with the Company continuing to benefit from his industry experience.” he added.

About Martin Eales

Martin brings significant industry experience to the role, having held the position of CEO at London listed Rainbow Rare Earths Limited from 2014 to 2019, where he oversaw the development of the company into the only rare earth producer in Africa. Prior to that, Martin was a Managing Director at RBC Capital Markets with a strong track record advising natural resource companies on fundraisings and other corporate transactions.

Martin Eales said: “I am delighted to be joining Ironveld at this exciting stage for the Company. I look forward to working alongside the team to drive forward the strategic direction of the business.”

About Ironveld Plc

Ironveld is the owner of Mining Rights over approximately 28 kilometres of outcropping Bushveld magnetite with a SAMREC compliant ore resource of some 56 million tons of ore grading 1,12% V2O5 68,6% Fe2O3 and 14,7% TiO2.

The Definitive Feasibility Study published in April 2014 confirms the project’s viability to deliver a Vanadium slag product for which the company has an offtake agreement as well a High Purity Iron product which commands a premium in the market place and Titanium slag containing commercial grades of titanium.

For more information: http://www.ironveld.com

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.

Comments are closed.