Accelerate Resources Ltd (ASX:AX8) is strengthening its board by appointing minerals industry stalwart Mark Thompson as a non-executive director, effective May 1, 2024.
Thompson has more than 30 years of resources industry experience and is the founder and managing director of ASX-listed Talga Group Ltd (TLG) where he is highly regarded for establishing world-class innovative battery material processing and development.
He has overseen the transformation of TLG from a WA local gold explorer with a market capitalisation of ~$8 million to a ~$300 million battery and advanced materials company.
“Proven track record”
Accelerate Resources chairman Richard Hill said, “We warmly welcome Mark Thompson to the board of Accelerate.
"Mark has a proven track record of mineral discoveries, project development and business transformation. He is recognised and respected within the resource sector as well as the battery materials space.
"His experience, expertise and strong networks will enhance the company's competitiveness and growth in the critical minerals space.”
Thompson is a member of the Australian Institute of Geoscientists, the Society of Economic Geologists and the Society of Vertebrate Paleontology.
Resignation
As part of the transition of the board, Dr Steve Bodon will resign effective from May 1, 2024.
In wishing him the best for his future endeavours, Accelerate said Bodon had been a valued member of the board during his tenure with the company.
"I also take this opportunity to thank Steve for his important technical and strategic contributions to the business over the past two years,” Hill added.