PERTH (Miningweekly.com) – ASX-listed Hastings Technology Materials has appointed former BCI Minerals boss Alwyn Vorster as interim CEO.
Vorster, who was MD of BCI Minerals for more than six years, was also formerly MD of Iron Ore Holdings and CEO of API Management, and has extensive experience in senior management positions in a number of mining and resources companies, including Rio Tinto, Aquila Resources and Kumba Resources.
“Following our recent corporate announcements of Hastings 2.0 mine-to-magnet strategy, we have now reached a pivotal point in our lifecycle. The company is approaching the milestone of main construction commencement and at the same time we are positioning the company to become a global player in the downstream market for rare earths magnets.
“It is therefore essential that we strengthen our management team and organisation structure for this next phase of our development and ensure that we are well prepared to steer the company forward,” said Hastings executive chairperson Charles Lew.
“We welcome Vorster to Hastings in the newly created position of interim CEO. He has extensive technical, commercial and operational leadership capability along with relevant and current experience in project contracting and delivery within the present inflationary environment. I will continue leading the company as executive chair focusing more on mine-to-magnet strategy and growth initiatives, while Vorster will be based in Perth managing the team on a day-to-day basis with a focus on Yangibana project delivery and funding. The finance, operations and project development teams will report to the CEO.”