Highly experienced mining executive Luke Meter will take the CEO reins at Accelerate Resources Ltd (ASX:AX8), effective from January 1, 2024.
The move will see Yaxi Zhan transition from managing director to executive director, while playing a pivotal supporting role in unlocking value and developing partnerships across the portfolio, in particular Accelerate’s manganese assets.
“The board would like to welcome Luke to the Accelerate team. Luke brings a strong and very relevant technical and corporate skill set and proven track record of building high-performance teams to deliver exploration success,” Accelerate Resources chairman Richard Hill said.
“Luke is also passionate about developing and maintaining strong stakeholder relationships, including investors, local communities and government departments.
"This will be invaluable in driving the company’s exploration and development growth across our portfolio, especially the company’s recently acquired Karratha Lithium Projects. It will also greatly complement the diverse skillset of our existing executive team and board.”
A distinguished geologist and mining executive
Luke Meter, with more than 18 years of extensive hands-on experience in exploration, development and corporate roles, stands out as a highly credentialed geologist and mining executive.
His career is marked by significant contributions to several district-scale discoveries and developments, notably De Grey Mining Ltd’s 9.5 million ounce Hemi Deposit and Dacian Gold’s 1.2 million ounce Jupiter deposit.
New Accelerate CEO Luke Meter.
Meter's expertise is particularly prominent in the Pilbara mining district, where he has gained substantial experience across a variety of commodities including lithium, gold, nickel and copper.
His leadership roles at De Grey, Novo Resources Ltd and most recently Artemis Resources Ltd, have endowed him with comprehensive local exploration and operational knowledge, especially of the Pilbara's geological settings. His tenure in these roles has also seen the development of robust relationships with local communities, government agencies, and investors.
Meter is a Bachelor of Science (BSc) graduate in Geology from the University of Adelaide and is also a distinguished member of both the Australasian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG (NYSE:AIG)).
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