Infini unveils new CEO to drive uranium projects
Infini Resources has unveiled its new CEO, Rohan Bone, with a brief to inject the next phase of growth into the company's portfolio of uranium and lithium projects in Canada and Western Australia.
Bone has 18 years of global experience across multiple mining roles throughout Australia, Southeast Asia, Canada and Europe.
He has experience in a wide range of commodities and is a qualified mining engineer, having held an array of senior roles with Alcoa, Thyssenkrupp Mining Technologies and Tata Steel Minerals Canada.
Bone played a key role in Alcoa's first successful diamond drilling program in Australia and had a significant hand in the execution of Tata Steel's direct-shipping-ore project in northern Quebec.
'The Board looks forward to working closely with Rohan to unlock the full value of our portfolio.'
Infini Resources executive director David Pevcic
His early career mining roles locally included working with BHP Nickel West at the Perseverance mine, Mining Plus and ATW Gold.
Infini Resources executive director David Pevcic said: 'His depth of experience and demonstrated success in delivering complex mining projects makes him the ideal candidate to lead Infini as we implement our strategy to transition from exploration to development. The Board looks forward to working closely with Rohan to unlock the full value of our portfolio and deliver long-term shareholder value.'
The company ramped up its focus on uranium last year as the price of the energy-producing nuclear reactor fuel took off on an impressive run, after years in the doldrums.
Infini's focus on the key metal was escalated to the next level when lab-busting exploration soil sampling results grading up to 74,997 parts per million (ppm) at its Falls Lake prospect, were revealed to the market. Falls Lake is part of the company's Portland Creek project in the Canadian province of Newfoundland and Labrador.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


West Australian
7 hours ago
- West Australian
WA Political veteran Vince Catania takes the reins at Hastings
Hastings Technology Metals has handed the chief executive baton to political veteran and company insider Vince Catania as the rare earths hopeful eyes a critical next chapter to develop its flagship Yangibana project in Western Australia. The former WA state MP, who joined Hastings in 2023 as general manager of corporate, has stepped up as CEO effective immediately after spearheading discussions with Andrew Forrest's Wyloo Consolidated Investments that led to the company's joint venture (JV) over Yangibana. There can be no doubt about his political skills - Catania had a successful career in the WA parliament for more than 18 years. He was elected as a Labor Party member of the upper house in 2005, where he represented the state's mining and pastoral region. He then moved to the lower house in the 2008 election by winning the huge regional North West Central seat. After a spat with his Labor colleagues, Catania made what could have been a career-ending move by switching his political allegiance to the Nationals WA. In the 2013 election, he stood as a Nationals WA candidate for North West Central – and won. He was re-elected in 2017 and again in 2021. WA's vast north west electorate includes the Yangibana site and, as its former MP, Catania is no stranger to the land or its challenges. Since joining Hastings, he has played a central role in maintaining environmental approvals and building trusted relationships with the region's traditional owners. Thanks largely to Catania's political nous, Hastings carved out its clever joint venture deal with Wyloo, which saw the company hold onto a solid 40 per cent stake in the Yangibana rare earths project. Wyloo took 60 per cent and has an option to lift its stake to 70 per cent. In return for handing over control, Hastings wiped a big chunk of debt off its books – a smart move that tightened the company's balance sheet while keeping meaningful skin in the game. Wyloo agreed to forgive $115 million from a ballooning $200M loan, originally issued to Hastings three years ago to fund its 21.5 per cent stake in Canadian magnet powerhouse Neo Performance Materials. The remaining $85M was also cleared after Hastings transferred its entire Neo stake - coincidentally valued at $85M - straight to Wyloo. The companies first teamed up in 2021 when Wyloo fronted $150M via an exchangeable loan note to bankroll the Neo acquisition - a debt that later swelled with interest and fees. Executive chairman Charles Lew said Catania has been a key asset since coming on board in 2023 and has played a crucial role across the business, including steering the company's partnership with Wyloo. Catania's appointment lands at a pivotal time for Hastings as it closes in on a final investment decision (FID) for the company's world-class neodymium-praseodymium rare earths and niobium deposit in WA's Gascoyne region. Hastings aims to make the fully permitted Yangibana project a major player in the renewable energy and electric vehicle supply chain. With a 20.9-million-tonne ore reserve and plans to process 1.1Mt annually over a 17-year mine life, the project will produce 37,000 tonnes per annum of rare earth concentrates – 27 per cent of which are total rare earth oxides. Notably, neodymium and praseodymium oxides, which are critical for high-performance magnets used in green technologies, make up 37 per cent of the mix. Yangibana also hosts a 6.7Mt niobium resource that could offer a valuable secondary revenue stream. Hastings has already sunk $158M into developing the project, with a further $316M flagged to reach production. The site is construction-ready, with a 294-room village, 2-kilometre airstrip, access roads, a bore field and processing plant equipment already secured, putting Hastings well ahead of the pack as the rare earths market gathers momentum. By the time Catania bowed out of politics in 2022, he'd weathered five straight elections and smoothly navigated shifts between parties and parliamentary houses – a testament to his sharp political instincts. It's that same savvy he'll likely lean on as he now climbs the ranks of the ASX corporate world. With a high neodymium-praseodymium ratio and a 17-year initial mine life, Hastings and Wyloo appear to be positioning Yangibana as a cornerstone rare earths project for Australia and a key piece in the global supply chain puzzle. The clock is ticking on construction, and Catania will be the man holding the blueprint. Is your ASX-listed company doing something interesting? Contact:


West Australian
10 hours ago
- West Australian
Monash IVF CEO Michael Knaap resigns days after second embryo mix-up announced
Days after Australian fertility company Monash IVF disclosed they were investigating a mix-up that led to a woman being impregnated with the wrong embryo, their embattled CEO has resigned. The company confirmed in Thursday that their chief executive officer and managing director Michael Knaap, will depart following fallout from the second such bungle announced in recent months, and on the back of the company's share price plummeting. Monash IVF announced that the current company finance boss, Malik Jainudeen, will take over as interim CEO. 'The Board has today accepted Michael Knaap's resignation as Chief Executive Officer and Managing Director of Monash IVF Group,' a Monash IVF statement said. 'Mr. Knaap also resigned as a director of Monash IVF Group Limited. 'The Board acknowledges and respects his decision. 'Since his appointment in 2019, Michael has led the organisation through a period of significant growth and transformation, and we thank him for his years of dedicated service.' Earlier this week, the company released a statement to the ASX, advising that an incident had occurred involving transferring a patient's own embryo to her, instead of inserting the embryo of her same-sex partner. The Melbourne-based woman is now being supported by the reproductive giant. 'Monash IVF has extended its sincere apologies to the affected couple, and we continue to support them,' it said in a statement. In a statement to the ASX, Monash IVF said the incident is being investigated and safeguards are being introduced. Its shares were hammered 25 per cent lower to a near five-year low of 55.5¢ after news of the bungle broke. 'Commencing immediately, Monash IVF will implement interim additional verification processes and patient confirmation safeguards over and above normal practice,' Monash IVF Group said in their statement. Two months ago, the fertility specialists were forced to admit they had mixed up the delivery of embryos at their Brisbane centre and a woman had given birth to a stranger's baby. 'Monash IVF is conducting an internal investigation into the incident. It has also extended the scope of the independent review being conducted by Fiona McLeod AO SC in relation to the Brisbane incident, noting that the different incidents occurred some years apart.,' the statement added. 'Whilst industry-leading electronic witness systems have and are being rolled out across Monash IVF, there remain instances and circumstances whereby manual witnessing is required. 'Monash IVF has disclosed the incident to the relevant assisted reproductive technology ART regulators, namely the Reproduction Technology Accreditation Committee certifying body and Victorian Health Regulator. 'In addition, Monash IVF has notified it's insurers and expects the incident to fall within the scope of its insurance coverage,' the company noted.


The Advertiser
11 hours ago
- The Advertiser
Nats leader fears US beef deal will butcher biosecurity
Allowing US beef to enter Australia to avoid tariffs imposed by Donald Trump would pose a significant risk to farmers, the prime minister has been warned. The federal government is considering granting more American beef producers access to the local market as Anthony Albanese seeks to strike a tariff deal in a potential meeting with the US president. But Nationals leader David Littleproud has urged Mr Albanese not to put the industry at risk, saying an introduction of US beef would threaten biosecurity. "It's important that the federal government looks Australian farmers in the eyes and says to them that they won't be collateral in trying to cut a deal with President Trump," he told reporters in Brisbane on Friday. "We should not take a backward step and concede by a security code deposit of protecting the agricultural industry here in Australia." Beef imports from the US have been banned in Australia since 2003 after an outbreak of mad cow disease. The ban was overturned in 2019 for cattle raised and slaughtered in the US, but large amounts of beef sent to American abattoirs come from Mexico or Canada. Mr Littleproud said ensuring the origin of beef imported into Australia was critical. "This will decimate the agricultural sector if we blink and allow President Trump to be able to roll over us on biosecurity," he said. "Traceability is so important and this is why we shouldn't be playing with President Trump talking about biosecurity. "We should be talking about a rules-based order of trade." Demand for Australian beef has been strong due to the ongoing drought in the US and America's lower herd numbers. At the end of 2024, a much lower supply from the US was improving Australian prices and international market value. The prime minister is expected to meet with Mr Trump on the sidelines of the G7 conference or in the US in mid-June, after the US president exempted the UK from his supercharged tariffs. The UK deal offers hope to Australia, if the government plays its cards correctly, but Mr Albanese confirmed any tariff deal would not be at the expense of Australia's biosecurity. "We will not change or compromise any of the issues regarding biosecurity," he told ABC Radio on Friday. "If things can be sorted out in a way that protects our biosecurity, of course, we don't just say 'no, we don't want imports here' for the sake of it. "But our first priority is biosecurity." National Farmers Federation president David Jochinke welcomed the comments and said biosecurity assessment processes were crucial to ensuring imports were safe. The Department of Agriculture is reviewing Mexican and Canadian beef. Mr Albanese has had three conversations with Mr Trump but said he was looking forward to meeting him in person, calling him an "interesting character". Though US beef is up for discussion, Health Minister Mark Butler ruled out bargaining with Australia's Pharmaceutical Benefits Scheme. Government officials insist they seek a full exemption from all tariffs after Mr Trump imposed a 50 per cent steel and aluminium tariff on all trading partners except the UK, on top of his baseline 10 per cent "Liberation Day" levies. Allowing US beef to enter Australia to avoid tariffs imposed by Donald Trump would pose a significant risk to farmers, the prime minister has been warned. The federal government is considering granting more American beef producers access to the local market as Anthony Albanese seeks to strike a tariff deal in a potential meeting with the US president. But Nationals leader David Littleproud has urged Mr Albanese not to put the industry at risk, saying an introduction of US beef would threaten biosecurity. "It's important that the federal government looks Australian farmers in the eyes and says to them that they won't be collateral in trying to cut a deal with President Trump," he told reporters in Brisbane on Friday. "We should not take a backward step and concede by a security code deposit of protecting the agricultural industry here in Australia." Beef imports from the US have been banned in Australia since 2003 after an outbreak of mad cow disease. The ban was overturned in 2019 for cattle raised and slaughtered in the US, but large amounts of beef sent to American abattoirs come from Mexico or Canada. Mr Littleproud said ensuring the origin of beef imported into Australia was critical. "This will decimate the agricultural sector if we blink and allow President Trump to be able to roll over us on biosecurity," he said. "Traceability is so important and this is why we shouldn't be playing with President Trump talking about biosecurity. "We should be talking about a rules-based order of trade." Demand for Australian beef has been strong due to the ongoing drought in the US and America's lower herd numbers. At the end of 2024, a much lower supply from the US was improving Australian prices and international market value. The prime minister is expected to meet with Mr Trump on the sidelines of the G7 conference or in the US in mid-June, after the US president exempted the UK from his supercharged tariffs. The UK deal offers hope to Australia, if the government plays its cards correctly, but Mr Albanese confirmed any tariff deal would not be at the expense of Australia's biosecurity. "We will not change or compromise any of the issues regarding biosecurity," he told ABC Radio on Friday. "If things can be sorted out in a way that protects our biosecurity, of course, we don't just say 'no, we don't want imports here' for the sake of it. "But our first priority is biosecurity." National Farmers Federation president David Jochinke welcomed the comments and said biosecurity assessment processes were crucial to ensuring imports were safe. The Department of Agriculture is reviewing Mexican and Canadian beef. Mr Albanese has had three conversations with Mr Trump but said he was looking forward to meeting him in person, calling him an "interesting character". Though US beef is up for discussion, Health Minister Mark Butler ruled out bargaining with Australia's Pharmaceutical Benefits Scheme. Government officials insist they seek a full exemption from all tariffs after Mr Trump imposed a 50 per cent steel and aluminium tariff on all trading partners except the UK, on top of his baseline 10 per cent "Liberation Day" levies. Allowing US beef to enter Australia to avoid tariffs imposed by Donald Trump would pose a significant risk to farmers, the prime minister has been warned. The federal government is considering granting more American beef producers access to the local market as Anthony Albanese seeks to strike a tariff deal in a potential meeting with the US president. But Nationals leader David Littleproud has urged Mr Albanese not to put the industry at risk, saying an introduction of US beef would threaten biosecurity. "It's important that the federal government looks Australian farmers in the eyes and says to them that they won't be collateral in trying to cut a deal with President Trump," he told reporters in Brisbane on Friday. "We should not take a backward step and concede by a security code deposit of protecting the agricultural industry here in Australia." Beef imports from the US have been banned in Australia since 2003 after an outbreak of mad cow disease. The ban was overturned in 2019 for cattle raised and slaughtered in the US, but large amounts of beef sent to American abattoirs come from Mexico or Canada. Mr Littleproud said ensuring the origin of beef imported into Australia was critical. "This will decimate the agricultural sector if we blink and allow President Trump to be able to roll over us on biosecurity," he said. "Traceability is so important and this is why we shouldn't be playing with President Trump talking about biosecurity. "We should be talking about a rules-based order of trade." Demand for Australian beef has been strong due to the ongoing drought in the US and America's lower herd numbers. At the end of 2024, a much lower supply from the US was improving Australian prices and international market value. The prime minister is expected to meet with Mr Trump on the sidelines of the G7 conference or in the US in mid-June, after the US president exempted the UK from his supercharged tariffs. The UK deal offers hope to Australia, if the government plays its cards correctly, but Mr Albanese confirmed any tariff deal would not be at the expense of Australia's biosecurity. "We will not change or compromise any of the issues regarding biosecurity," he told ABC Radio on Friday. "If things can be sorted out in a way that protects our biosecurity, of course, we don't just say 'no, we don't want imports here' for the sake of it. "But our first priority is biosecurity." National Farmers Federation president David Jochinke welcomed the comments and said biosecurity assessment processes were crucial to ensuring imports were safe. The Department of Agriculture is reviewing Mexican and Canadian beef. Mr Albanese has had three conversations with Mr Trump but said he was looking forward to meeting him in person, calling him an "interesting character". Though US beef is up for discussion, Health Minister Mark Butler ruled out bargaining with Australia's Pharmaceutical Benefits Scheme. Government officials insist they seek a full exemption from all tariffs after Mr Trump imposed a 50 per cent steel and aluminium tariff on all trading partners except the UK, on top of his baseline 10 per cent "Liberation Day" levies. Allowing US beef to enter Australia to avoid tariffs imposed by Donald Trump would pose a significant risk to farmers, the prime minister has been warned. The federal government is considering granting more American beef producers access to the local market as Anthony Albanese seeks to strike a tariff deal in a potential meeting with the US president. But Nationals leader David Littleproud has urged Mr Albanese not to put the industry at risk, saying an introduction of US beef would threaten biosecurity. "It's important that the federal government looks Australian farmers in the eyes and says to them that they won't be collateral in trying to cut a deal with President Trump," he told reporters in Brisbane on Friday. "We should not take a backward step and concede by a security code deposit of protecting the agricultural industry here in Australia." Beef imports from the US have been banned in Australia since 2003 after an outbreak of mad cow disease. The ban was overturned in 2019 for cattle raised and slaughtered in the US, but large amounts of beef sent to American abattoirs come from Mexico or Canada. Mr Littleproud said ensuring the origin of beef imported into Australia was critical. "This will decimate the agricultural sector if we blink and allow President Trump to be able to roll over us on biosecurity," he said. "Traceability is so important and this is why we shouldn't be playing with President Trump talking about biosecurity. "We should be talking about a rules-based order of trade." Demand for Australian beef has been strong due to the ongoing drought in the US and America's lower herd numbers. At the end of 2024, a much lower supply from the US was improving Australian prices and international market value. The prime minister is expected to meet with Mr Trump on the sidelines of the G7 conference or in the US in mid-June, after the US president exempted the UK from his supercharged tariffs. The UK deal offers hope to Australia, if the government plays its cards correctly, but Mr Albanese confirmed any tariff deal would not be at the expense of Australia's biosecurity. "We will not change or compromise any of the issues regarding biosecurity," he told ABC Radio on Friday. "If things can be sorted out in a way that protects our biosecurity, of course, we don't just say 'no, we don't want imports here' for the sake of it. "But our first priority is biosecurity." National Farmers Federation president David Jochinke welcomed the comments and said biosecurity assessment processes were crucial to ensuring imports were safe. The Department of Agriculture is reviewing Mexican and Canadian beef. Mr Albanese has had three conversations with Mr Trump but said he was looking forward to meeting him in person, calling him an "interesting character". Though US beef is up for discussion, Health Minister Mark Butler ruled out bargaining with Australia's Pharmaceutical Benefits Scheme. Government officials insist they seek a full exemption from all tariffs after Mr Trump imposed a 50 per cent steel and aluminium tariff on all trading partners except the UK, on top of his baseline 10 per cent "Liberation Day" levies.