Alkane Resources Ltd (ASX:ALK) has appointed David Woodall as managing director of its wholly-owned subsidiary Australian Strategic Materials Ltd.
The subsidiary company was formed in 2000 to developed the Dubbo Project in New South Wales.
The construction-ready project hosts a large resource of zirconium, hafnium, niobium, tantalum, yttrium and rare earths.
Woodall will be responsible for operations, marketing, product development and external relations of Australian Strategic Materials.
This including overseeing the joint venture with South Koreas Zirconium Technology Corporation as well as the operation of the Toongi Pastoral Company, an agribusiness that manages the farmland at the Dubbo Project.
Alkane may demerge the Dubbo Project[hhmc]
Alkanes chairman Ian Gandel said: “The Alkane board considers Australian Strategic Materials to be immensely fortunate to gain Mr Woodalls considerable expertise in the new role of managing director.
“As announced in 2019 the Alkane Board is currently considering the demerger of Australian Strategic Materials with a decision expRead More – Source
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