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Mining

Suvo Strategic Minerals strengthens board, appointing experienced mining engineer as chairman

"Since joining the Suvo board six months ago, Henk has not taken his foot off the pedal," executive director Aaron Banks said.

Suvo Strategic Minerals Ltd (ASX:SUV) has strengthened its board skillset with the appointment of experienced mining engineer Henk Ludik as executive chairman.

Ludik’s career spans 20 years in mining with expertise in engineering, feasibility, mine optimisation, ESG and corporate finance.

He has worked for a number of investment banks with over $10 billion in mining transactions and holds a BEng in Mining Engineering, MSc in Oil and Gas Engineering and an MBA.

Upgrading plant capacity

Suvo executive director Aaron Banks said: “We are delighted to have Henk step up to the role of executive chairman.

"Since joining the Suvo board six months ago, Henk has not taken his foot off the pedal.

“His credentials as a mining engineer are exactly what Suvo needs during this critical stage as we continue our capital works at Pittong, to upgrade plant capacity towards a nameplate of ~60,000 tonnes per annum.

"Importantly for the board and our shareholders, Henk has proven time and time again over the past six months that he is a team player and won’t stop short of success.

“He has settled in well with the executive team and will make a valuable contribution.

We couldn’t be more excited to start providing updates on the company’s progress in the short term.”

Step up

Ludik was appointed as interim non-executive chairman of Suvo in mid-March this year, following an executive and board transition.

Since that time, he has been pivotal in managing the Pittong Plant expansion and with his engineering, feasibility and mine optimisation credentials are well placed to lead the company through this critical period.

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