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Australian Strategic Materials to enhance financial skillset with new CFO

Published 29/11/2023, 02:41 pm
© Reuters.  Australian Strategic Materials to enhance financial skillset with new CFO

Critical minerals-focused Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF) will bolster its financial skillset through the appointment of senior finance executive Stephen Motteram to the role of chief financial officer (CFO), effective January 29, 2024.

The company expects to benefit from Motteram’s more than 20 years of international experience in banks and commodities trading firms, including Noble Group and National Australia Bank.

His extensive experience covers project development, capital raising, financial control, contract negotiations, investment analysis, mergers, acquisitions and treasury operations.

“Proven experience”

“I am delighted to welcome Stephen to the ASM management team at this important time as we progress offtake agreements, secure project financing and move towards final investment decision on our cornerstone Dubbo Project,” said ASM managing director and CEO Rowena Smith.

“Stephen’s proven experience across project finance, structured finance and the capital markets will support the execution of ASM’s mine-to-metals strategy.

"I look forward to working with Stephen as we continue to deliver on the ASM opportunity,” she added.

Motteram is a Certified Practicing Accountant (CPA) and a graduate of the Australian Institute of Company Directors (AICD).

Read more on Proactive Investors AU

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