29Metals announces appointment of new CEO

29Metals Limited (ASX: $29M) has announced the appointment of James Palmer as its new Chief Executive Officer. James will take over the role from Peter Albert, who is set to retire as Managing Director & CEO on 30 April 2024. With over 25 years of experience in operational, technical, strategy, and business development roles, James Palmer brings a wealth of expertise to his new position. He is currently serving as BHP's Group Performance & Improvement Officer and is expected to commence his role at 29Metals on 1 May 2024.

Chair of the Board's comments on James Palmer's appointment

The Board is delighted to appoint someone of James' calibre and experience. James impressed us with his drive and energy, his deep operational and business improvement experience, and his track record of operational transformation and stakeholder engagement. The Board extends our thanks to Peter, 29Metals' foundation CEO, who has led 29Metals through its establishment, the IPO and the period since.

Summary of 29Metals' CEO appointment

James Palmer, with his extensive experience and proven track record, has been appointed as the new CEO of 29Metals. His background in operational, technical, and business development roles, along with his leadership experience at BHP, positions him well to lead 29Metals into the future. The company aims to leverage his expertise to drive safety and performance, realizing the clear potential of 29Metals' assets and people. With a vision to be a leading ASX-listed copper-focused company, 29Metals looks forward to offering investors exposure to copper and other metals critical to the global energy transition under James Palmer's leadership.