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Green Critical Minerals (ASX:GCM) appoints Mark Lynch-Staunton as CEO

ASX News, Materials
ASX:GCM      MCAP $11.44M
06 January 2023 10:22 (AEDT)

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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.

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