ASX-Listed Globe Metals & Mining has announced that Grant Hudson will retire as chief executive officer on May 31.
ASX-Listed Globe Metals & Mining has announced that Grant Hudson will retire as chief executive officer on May 31.
Mr Hudson will be succeeded by present chief operating officer Paul Smith, who joined the company in December last year.
The development comes following news that Globe, which has resource interests in Malawi, recently completed an optimisation study at its flagship Kanyika niobium project.
With a desire for the project to advance, Globe appears keen to pursue a two-phased development approach, with a desire to minimise risk.
In October last year, the company confirmed it had extracted a higher level of metals extraction following a decision to switch from acid-based extraction to vapour-chlorination technology.
Mr Hudson said Mr Smith had hit the ground running at Globe during the study.
"Coupled with the recent publication of the highly positive optimisation study and the strategic decision to relocate the refinery to Malawi, this appointment is a serious statement of intent," he said.
"As a senior figure in African mining circles with substantial mining expertise and broad experience in capital markets, I believe Paul is the right person to take Globe forward in its continued development as a world-class supplier of critical metals.”
Niobium is a critical metal, which can be found in a number of everyday items - including paint and fast-charging batteries.
Globe last traded at 33 cents per share, up 3 per cent, as of 9.06am AWST.
