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Aura Energy (ASX:AEE) appoints David Woodall as MD & CEO

ASX News, Energy
ASX:AEE      MCAP $119.3M
19 September 2022 12:59 (AEST)

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Aura Energy (AEE) has appointed a new Managing Director and Chief Executive Officer.

David Woodall will step into the role from October 17. He is a senior corporate executive with 30 years’ experience across exploration, operations and project development.

He has previously held senior holes at Rio Tinto, Fortescue Metals Group, Newcrest Mining, and Ivanhoe Mines.

The appointment comes with a $465,000 fixed salary, with a short-term incentive of up to 30 per cent of the total fixed remuneration.

Aura Non-Executive Chair Phil Mitchell said Mr Woodall’s broad mining and corporate experience will be vital to fast-tracking to uranium production at the company both in Mauritania and Sweden.

“On behalf of the board and the key shareholders, I want to thank Dr Will Goodall for his time and efforts as acting CEO over the past nine months,” Phil Mitchell said.

“During Will’s leadership we have crafted and progressed the implementation of a strategy that will facilitate the early development of the Tiris project and craft a realistic pathway to the establishment of a battery metals complex in Sweden based upon the Haggan resource.”

Aura Energy was up 1.64 per cent, trading at 31 cents at 12:56 pm AEST.

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