The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Green Critical Minerals (GCM) appoints Mark Lynch-Staunton as its CEO to spearhead the company’s projects into its next phase of growth
  • With over 15 years of experience, he will be in charge of driving development of the McIntosh project in WA and the North Barkly project in the NT
  • The company believes his skillset will complement its existing and highly experienced team
  • Mr Lynch-Staunton’s remuneration package will include a $300,000 salary plus performance rights
  • GCM shares last traded at 1.9 cents on January 5

Green Critical Minerals (GCM) has appointed Mark Lynch-Staunton as its next CEO to spearhead the company’s projects into its next phase of growth.

His focus will be driving development of the McIntosh graphite project in Western Australia and building value in its rare earth elements (REE) interests at the North Barkly project in the Northern Territory.

Mr Lynch-Staunton has more than 15 years experience in project feasibility, development, and operations across gold, base metals, REE and iron ore.

The company believes his skillset will complement the existing and highly experienced team, including graphite sales and marketing advisor Christopher Whiteley and graphite metallurgical expert Oliver Peters.

“Being able to attract a CEO with the caliber of Mark’s experience and proven technical and commercial acumen speaks volumes about the potential of the McIntosh Graphite project,” Executive Chairman Leon Pretorius said.

“The expertise Mark will bring to GCM from his many years working for some of the world’s largest mining companies was a significant attraction for the GCM board and is exactly what is required for the McIntosh Project,” Mr Pretorius said.

“The Board welcomes Mark’s expertise in all facets of study management and will support his immediate focus to increase the resource at McIntosh, update the feasibility study and project economics to deliver the McIntosh project to its full potential.”

Mr Lynch-Staunton’s remuneration package includes a $300,000 salary including superannuation and performance rights.

GCM shares last traded at 1.9 cents on January 5.

GCM by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…