Berkshire is hoarding so. much. cash.
How Will Australian Strategic Materials Benefit from the Appointment of New COO?
Australian Strategic Materials (ASM) has announced the appointment of Mr Chris Jordaan as Chief Operating Officer (COO) effective 24 August 2023. With over 31 years of experience in operational and corporate leadership roles in petrochemical, processing, and mining industries in South Africa, Australia, and Papua New Guinea, Mr Jordaan brings extensive expertise and leadership qualities to the ASM Executive Management team.
Driving Operational Development
ASM Managing Director and CEO, Ms Rowena Smith, expressed her delight in the appointment, highlighting the crucial timing of Mr Jordaan's joining following the completion of EPC Definition work for the Dubbo Project and the establishment of early activities for the project. Ms Smith stated that Mr Jordaan would play an instrumental role in progressing the Dubbo Project, ramping up the Korean Metals Plant, and advancing the company's metallisation technologies, particularly its innovative LK Process.
Strategizing Mine to Metals Approach
Ms Smith also added that Mr Jordaan's skills and experience align perfectly with the company's mine to metals strategy, further advancing ASM's operational development while maintaining a strong focus on sustainable practices. The appointment is expected to promote the company's innovative LK Process, which aims to revolutionize the rare earths industry with an environmentally friendly, efficient technology.
CFO Resigns
In addition to the new appointment, the company also announced the resignation of Chief Financial Officer, Mr Jason Clifton.
Story Continues.. after this ad because we need some dollarydoos
Mr Clifton played a key role in repositioning the company for future growth, developing key strategic investor relationships and strengthening the balance sheet. The ASM team thanked Mr Clifton for his valuable contributions and wished him well in his future endeavors.
Looking into the Future
With Mr Jordaan’s appointment, ASM aims to leverage his extensive experience in driving the company’s operations forward. The announcement of Mr Jordaan's appointment and Mr Clifton's resignation highlights the need for strong leadership and strategic foresight as ASM continues to pursue innovative, sustainable solutions in the mining industry. The recruitment process for Mr Clifton's replacement is already underway, and more information will become available in the future.
Promote your business on our growing investor platform: Advertise With Us
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
#ASX:ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
📈 Top 10 Stock Lists
Join the conversation
📈 Top Daily Gainers
📈 YTD Gainers
📉 Top Daily Losers
💰 High Dividend Yields
📅 Best Performers – October
✅ Seasonal Standouts – October
🔮 Seasonal Standouts – November