Appointment of Director - Mr Alwyn Vorster
Melbourne, Mar 23, 2016 AEST (ABN Newswire) - Volt Resources Ltd (
ASX:VRC) the Tanzanian-focussed graphite developer, is pleased to announce the appointment of Mr Alwyn Vorster as an independent Non-Executive Director, effective 1 April 2016.
Highlights:
- 25 years mining industry experience
- Highly qualified including Mining and Business degrees, MBA
- Recent roles with Aquila/AMCI JV, Iron Ore Holdings and Rio Tinto
- A highly decorated career with many key milestone achievements
Appointment of Mr Alwyn Vorster
Mr Vorster is a highly regarded mining professional who has more than 25 years' experience working with numerous large and smaller mining companies in technical and commercial roles covering the total supply chain from geology, mining, rail & port, shipping, and marketing & sales.
He is currently the CEO of API Management, an Aquila/AMCI joint venture company tasked with advancing the multi-billion dollar West Pilbara Iron Ore Project, and also has managerial responsibility for three mineral projects in southern Africa.
Alwyn's recent other positions included CEO of Iron Ore Holdings Ltd (IOH) where he managed multiple feasibility studies, successfully concluded a friendly corporate takeover and multiple royalty and divestment transactions; and as Regional Manager - China Marketing & Sales for Rio Tinto Iron Ore.
The Chairman of VRC, Mr Stephen Hunt, said Volt has built a substantial Mineral Resource position in the last year, and the Company will now focus on the development and commercialisation of its Tanzanian graphite asset, commencing with the completion of the Pre-Feasibility Study (PFS). He expressed the Board's satisfaction at attracting a candidate of Mr Vorster's calibre and experience. Mr Hunt added:
"We are delighted to have secured Alwyn as a board member. He brings important new skills and balance to the Volt Board including a wealth of project development, transactional and company risk management experience at a crucial stage of the Company's lifecycle. As independent non-executive director, he will serve as chairperson of the Board's Project Development Subcommittee, tasked to ensure achievement of high quality PFS and DFS deliverables, project schedule and project budget results."
Alwyn has enjoyed a decorated career which has included key milestones including named the prestigious "Dealer of the Year" at the 2013 Diggers & Dealers Conference after achieving significant value uplift to cost base across four IOH project assets. He has also, as CEO, overseen the successful completion of two significant PFS and two DFS project studies.
Alwyn is an executive committee member of the Australia China Business Council, a member of the Australian Institute of Company Directors, and a board member of the RSPCA WA.
With Mr Stephen Hunt assuming the role of Executive Chairman, Mr Alan Armstrong will move to a Non-Executive Director role and provide day to day administrative and management services; and support the development and completion of the PFS.
About Volt Resources Ltd
Volt Resources Ltd (ASX:VRC) (FRA:RBL) (OTCMKTS:VLTRF) is critical minerals and battery material company listed on the Australian Stock Exchange. We are a graphite producer and an emerging natural graphite anode producer. Volt has a 70% interest in the Zavalievsky Graphite business in Ukraine. The ZG mine and processing facilities have been in operation since 1934 and are near key markets with significant developments in lithium-ion battery production. ZG benefits from an existing customer base and graphite product supply chains based on excellent transport infrastructure covering road, rail, river, and sea freight combined with reliable grid power, ample potable ground water supply and good communications.
Volt acquired three licence applications that are prospective for lithium-borate mineralisation. The licence applications are in respect to a total area of 291km2, located in Serbia and are west and south-west of the Serbian capital, Belgrade.
Volt is progressing the development of its large wholly owned Bunyu Graphite Project in Tanzania. The Bunyu Graphite Project is ideally located near to critical infrastructure with sealed roads running through the project area and ready access to the deep-water port of Mtwara 140km from the Project. In 2018, Volt reported the completion of the Feasibility Study into the Stage 1 development of the Bunyu Graphite Project. The Stage 1 development is based on a mining and processing plant annual throughput rate of 400,000 tonnes of ore to produce on average 23,700tpa of graphite products. A key objective of the Stage 1 development is to establish infrastructure and market position in support of the development of the significantly larger Stage 2 expansion project at Bunyu.
| ||
|
