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Hexagon Energy Materials (ASX:HXG) appoints new MD

Materials
ASX:HXG      MCAP $9.745M
04 October 2021 15:00 (AEST)
Hexagon Energy Materials (ASX:HXG) - Managing Director, Merrill Gray

Source: LinkedIn

Hexagon Energy Materials (HXG) has appointed Lithium Australia NL’s Executive Director as its new Managing Director.

Merrill Gray, Executive Director of Lithium Australia NL’s battery materials business, will take up the role on October 18, along with a $350,000 per annum salary plus superannuation and incentive package.

Ms Gray comes with a background in the resources sector. She has substantial experience as a Managing Director of hydrogen and renewables companies and has led companies in the exploration and processing of nickel and gold.

Hexagon said her knowledge would be highly valuable throughout the company’s progression of its Pedirka Hydrogen Project in the Northern Territory. At Pedirka, Hexagon aims to produce the blue hydrogen required to support the conversion to clean energy economies.

“We are delighted to have secured the appointment of Merrill, an industry leader renowned for her contribution to emerging technologies and the delivery of high demand, high yield, and high production projects,” Hexagon Chairman Charles Whitfield said.

“Merrill’s significant expertise in hydrogen and her connectivity in the industry and government has her well placed to lead Hexagon as it progresses through feasibility, approvals and construction of our Pedirka Hydrogen Project.”

The announcement follows the news Adam Bacon, who has been assisting the company during the Ebony Energy takeover, is unable to commit to the level of work necessary for personal reasons and will resign his position.

Hexagon Energy Materials closed up 2.7 per cent at 7.6 cents.

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