Vorster named interim CEO for Hastings

Barely four months after leaving BCI Minerals, Alwyn Vorster has been appointed interim chief executive officer of Hastings Technology Materials.

Vorster was managing director of BCI for more than  six years, and was also formerly managing director of Iron Ore Holdings and CEO of API Management. In addition, he has extensive experience in senior management positions in several mining and resources companies, including Rio Tinto Iron Ore, Aquila Resources, and Kumba Resources.

Executive chair Charles Lew said following the company’s recent Hastings 2.0 mine-to-magnet strategy, it had now reached a pivotal point in its life cycle.

“The company is approaching the milestone of main construction commencement and at the same time we are positioning it to become a global player in the downstream market for rare earths magnets,” he said.

“It is therefore essential that we strengthen our management team and organisation structure for this next phase of our development and ensure that we are well prepared to steer the company forward.

“We welcome Alwyn to Hastings in the newly created position of interim CEO. He has extensive technical, commercial and operational leadership capability along with relevant and current experience in project contracting and delivery within the present inflationary environment.

“I will continue leading the company as executive chair focusing more on mine-to-magnet strategy and growth initiatives, while Alwyn will be based in Perth managing the team on a day-to-day basis with a focus on the delivery and funding of the Yangibana rare earths project in WA.”

Australian Mining.

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