- ChemX Materials (CMX) appoints Mark Tory as its new CEO and Warrick Hazeldine as its new Chair
- Mr Tory has more than 35 years of experience in the mining industry and in accounting, most recently serving as CEO of Northern Minerals (NTU)
- The role comes with a base salary of $380,000 per annum, with Mr Tory’s tenure to begin on February 13, 2023
- ChemX says Mr Tory has the “skills and experience” needed to progress the company’s ongoing high-purity alumina plants alongside exploration and development efforts at its manganese, rare earth elements, and kaolin projects
- CMX shares are down 3.23 per cent and trading at 15 cents at 1:44 pm AEDT
ChemX Materials (CMX) has appointed Mark Tory as its new CEO and Warrick Hazeldine as its new Chair.
Mr Tory has more than 35 years of experience in the mining industry and in accounting, most recently serving as CEO at Northern Minerals (NTU) for the last 2.5 years after spending several years as CFO of the company.
At Northern Minerals, he played a vital role in the planning, construction and operations of its heavy rare earth pilot plant in Western Australia’s Kimberley Region.
“I am excited to be given the opportunity to lead ChemX as a part of the global battery mineral industry that is continuing to grow,” Mr Tory said.
“I look forward to ChemX’s exciting journey involving multiple future-facing products such as high-purity alumina (HPA), manganese and potentially rare earths, to help grow shareholder value.”
Mr Tory has also contributed towards other programs and project studies at Northern Minerals, Crescent Gold, LSX-listed Anglo American and Homestake.
New ChemX Chair Warrick Hazeldine said Mr Tory was well-suited for the position.
“Mark brings skills and experience relevant to progressing our high purity alumina plants, as well as the ongoing exploration and development of the company’s battery manganese and rare earth elements/kaolin projects in South Australia,” Mr Hazeldine said.
Mr Tory’s new role comes with a base salary of $380,000 per annum, with his tenure to begin on February 13, 2023.
Meanwhile, Mr Hazeldine replaces the outgoing Kristie Young, who stepped down from the role of Chair due to “increasing commitments” on other boards.
CMX shares were down 3.23 per cent and trading at 15 cents at 1:44 pm AEDT.