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Trigg Minerals Ltd (ASX:TMG) is building up to make the most of a strong antimony project portfolio, appointing Andre Booyzen – former Vice President of Mandalay – as Senior Antimony Strategic Advisor.
Mr Booyzen brings more than 20 years of experience in the mining industry across operational and executive roles. During his time at Mandalay between 2010 and 2017 he held a crucial position of strategic and operation control over the Costerfield Gold-Antimony Mine; a role which involved overseeing product sales, offtakes, and negotiations.
It is this experience that Trigg wants to draw from, as it plans the development of the Wild Cattle Creek deposit within its wider Achilles Project in New South Wales. The former is one of the few primary antimony deposits positioned to supply the Western world with antimony and tungsten.
The sourcing of these two critical minerals has come under the spotlight recently, as China – which is responsible for the majority of the world’s supply – announced restrictions on their export.
Trigg executive chairman Timothy Morrison said the timing was right for the company to welcome an executive who could help them make the most of this situation.
“Mr Booyzen’s appointment came at an important time as Trigg positioned its expansive NSW antimony portfolio for development, in particular its Achilles Project, which hosts Australia’s highest grade undeveloped antimony resource at the Wild Cattle Creek deposit,” he said.
“Andre’s extensive experience at Mandalay Resources’ Australian operations, as one of the Western world’s only antimony producers, will be invaluable to Trigg as we look to develop our antimony projects in NSW
“We are focused on delivering value to our Shareholders and see the current antimony
market environment, which has experienced record prices of up to US$38,000 per tonne in 20241, and continued tightening of antimony export restrictions by China, as the sign that we need to unlock the potential of these projects as quickly as possible, and we believe Andre can help us achieve that.”
Trigg shares lifted after this news, and at 12:55 AEDT, they were trading at 4.8 cents – a rise of 6.67% since the market opened.
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