Critica taps rare earths expert Jacob Deysel as new CEO
Deysel will take up the reins in two weeks. Over a 25-year career in global mining, he has held top positions with industry titans, including Rio Tinto, Newmont, Uranium Energy Corp and Kenmare Resources.
Most recently, Deysel was chief executive officer and managing director of ASX-listed Mineral Commodities Limited.
The Jupiter project, part of Critica's broader Brothers project, has Australia's largest and highest-grade clay-hosted rare earths resource, which clocks in at a massive 1.8 billion tonnes.
'The company will greatly benefit from an experienced CEO to rapidly advance Jupiter.'
Critica Limited chairman Tim Lindley
The project is ideally located between the mining hub of Mt Magnet and the export-ready Port of Geraldton, combining a world-class jurisdiction with world-class infrastructure.
With Deysel now at the helm, the company says it's poised to fast-track scoping and feasibility studies as it aims to develop the project and become a globally significant Western-aligned rare earths supplier.
Critica Limited chairman Tim Lindley said: 'We are extremely pleased that Critica has been able to attract someone of Jacob's credentials, experience, relationships and technical knowledge in the rare earths sector. The company will greatly benefit from an experienced CEO to rapidly advance Jupiter through scoping and feasibility studies to reposition us from explorer to developer.'
Deysel is a qualified mining engineer with an MBA and executive training from London Business School. Critica says the company was specifically looking for someone with his particular skill set for boosting value in rare earths, graphite and mineral sands projects worldwide.
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