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ABx (ASX:ABX) appoints Dr Mark Cooksey as CEO

ASX News, Materials
ASX:ABX      MCAP $15.00M
24 January 2022 17:11 (AEST)
ABx Group (ASX:ABX) - CEO, Mar Cooksey

Source: ABx Group

Emerging hi-technology and explorer-developer ABx (ABX) has appointed Mark Cooksey as CEO, effective February 1.

He will be replacing outgoing CEO Ian Levy, who will continue as a Director to work on rare earth element (REE) exploration.

Since 1997, Dr Cooksey has been involved in the research, engineering and commercialisation of new developments in the aluminium and metallurgical industries.

He began his career as a Research Engineer in aluminium smelting with Comalco (now Rio Tinto Alcan) before becoming Senior Research Engineer in 2000.

Dr Cooksey then joined the CSIRO in 2004 as Senior Research Engineer where he led the technical and commercial development of multiple new process technologies in the minerals and metals industries.

He has significant experience in commercializing new technologies and processes, which will be a strong foundation for ABx to expand into the next phase of development.

Dr Cooksey’s priorities at ABx include bringing the Alcore process into production, advancing the company’s REE projects and beginning the Sunrise Bauxite Project in Queensland.

“This appointment was delayed 18 months by the Covid pandemic, during which, Mark found ways to overcome setbacks and proved he has the skills and determination to lead our company through its biggest development phase ahead,” outgoing CEO Ian Levy said.

“Mark is taking on this corporate leadership role at a time when Australia is wisely increasing the development of new technologies, especially those that increase security and environmental excellence of Australian industry.”

ABx has ended the day one per cent in the red, with shares trading at 9.9 cents in a $22.35 million market cap.

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