MTM CRITICAL METALS LIMITED MTM Critical Metals Limited advised shareholders that it has appointed Mr. Anthony Hadley to the Board as a Non-Executive Director. Mr. Hadley is a metallurgist, a rare earth element (REE) technical expert and a senior manager with more than 30 years of experience in the mining industry in operations, technical development of complex metallurgical flowsheets, project design and management, engineering and process plant commissioning. Mr. Hadley has worked extensively in the REE sector, having previously held the roles of General Manager with both Lynas Corporation at the world-class Mt Weld light REE mine and subsequently with Northern Minerals Limited at Australia's first heavy REE mine at Browns Range.
Most recently, Mr. Hadley was appointed as the Chief Operating Officer by Cheetah Resources Corporation (a subsidiary of Vital Metals Limited, ASX:VML), accountable for all operational activities at the Nechalacho REE Project in Canada. Under his management, Cheetah Resources commenced rare earth oxide mining and ore sorting at Nechalacho, which is Canada's first and North America's second REE miner. Mr. Hadley will be engaged by MTM on standard terms and conditions for the non-executive director role.
The Company will also enter into a services contract with Mr. Hadley for the performance of technical work that is outside the scope of his Board position. Mr. Hadley will be entitled to participate in the MTM Employee Securities Incentive Plan and subject to shareholder approval he will be issued an incentive package consisting of share options and performance rights as may be issued by the Company from time to time.
