– GUERNSEY, St. Peter Port – Zanaga Iron Ore Company Limited (LON: ZIOC) announced the appointment of Phil Mitchell to its Board as a Non-Executive Director, with immediate effect. Concurrently, Martin Knauth has also joined the Board in his role as Chief Executive Officer.
About Martin Knauth
Martin Knauth was appointed CEO of ZIOC in November 2023 and has extensive experience in the industry, spanning more than 30 years in a wide range of commodities and countries, with notable success in project development, operation, and transformational growth phases. Martin’s experience includes project leadership in Australia and the Pacific, Africa, Central Asia, and Central and South America with companies such as Vale, Glencore, Sherritt Metals International, KAZ Minerals, and Western Mining Corp. He has a strong record in establishing performance cultures and maintaining positive relationships with governments, communities, employees, and other project stakeholders.
Martin Knauth holds a Bachelor’s degree in Mining Engineering from the University of Queensland, a Master’s degree in Mineral Economics from Curtin University and is a Fellow of the AusIMM.
About Phil Mitchell
Phil Mitchell is formerly of Rio Tinto, where he played a pivotal role in transforming its iron ore division into the company’s flagship business unit, with over 300 million tonnes of iron ore produced. He later served as Rio Tinto’s Head of Business Development, overseeing strategy, mergers and acquisitions, and strategic business change. Phil also serves as Chief Financial Officer of I-Pulse Group, where he previously served as Chairman of I-Pulse’s I-ROX business and Société des Mines de Fer de Guinée. Phil is also Chairman of the Board at AIM-listed Aura Energy Ltd.
About ZIOC
Zanaga Iron Ore Company Limited is an iron ore exploration and development company, with the Company’s flagship asset being its 100% owned Zanaga Iron Ore Project located in the Republic of Congo, for which the Government Mining Licence, Environmental Permit, and Mining Convention are all in place.
The Zanaga Iron Ore Project is a world-class asset with a 6.9 billion tonne resource and 2.1 billion tonne reserve, designed for 30Mtpa production of high-grade (66-68.5% Fe) pellet feed with very low levels of impurities. A 2024 Feasibility Study reaffirmed its robust economics. When fully ramped, Phase 1 and Phase 2 combined could make Zanaga one of the largest iron ore mines globally. With all key permits in place, Zanaga is positioned to capitalise on the growing demand for high-quality, low-impurity iron ore, leveraging low operating costs and a cost-efficient slurry pipeline to the port.
In light of the changes in the world’s economy, and the growing demand for low-carbon steel production, the Zanaga Project is well-placed to become one of the largest producers of high grade premium pellet feed iron ore.
For more: https://www.zanagairon.com/
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