Technology Metals Australia welcomes new Non-Executive Director to board

Vanadium developer Technology Metals Australia (ASX:TMT) has appointed Jo Gaines as a new Non-Executive Director, effective immediately.

The company says Gaines is an experienced leader and strategic policy director, having previously worked at a ‘high level’ of government as the Deputy Chief of Staff to the Premier of Western Australia.

Speaking to Mining.com.au, Technology Metals Australia Managing Director Ian Prentice says Gaines is a valuable addition to the company’s board, noting her ‘extensive’ experience in stakeholder engagement and her ‘robust’ understanding of navigating complex regulations and policies.

“Given the increased focus in Australia on domestic renewable energy transition and on supplying the international demand for Australia’s critical minerals, as evidenced in the US’s Inflation Reduction Act (IRA) and Defense Production Act and the EU’s Raw Materials Act, Jo will be instrumental in elevating TMT’s contribution to the global drive in decarbonisation through our high-purity vanadium product and its application in long-duration energy storage systems.”

The company says in her role as Chief of Staff to the WA Premier, Gaines was a leader in ‘significant’ policy development affecting the economic and social fabric of Western Australia and was ‘influential’ in intergovernmental negotiations. 

Technology Metals says she was a leader in the WA Recovery Plan following the COVID-19 pandemic, working across state government agencies and the private sector to leverage opportunities to kick-start Western Australia’s economy.

Additionally, Gaines brings ‘extensive’ experience in stakeholder engagement, including across all levels of government and within the private sector, to drive reforms in a diverse range of fields including training and job creation, contracting and procurement, climate change, child protection, and health.

The MD tells this news service Gaines will provide constructive input into many aspects of the development of the Murchison Technology Metals Project (MTMP) in Western Australia.

This includes corporate governance, workplace culture, health and safety best practices, and building relationships with government bodies at both a state and federal level, along with initiatives to drive local employment and contracting opportunities in Meekatharra.

These are all important aspects of the project that will allow us to implement ESG principles at the highest levels”

“These are all important aspects of the project that will allow us to implement ESG principles at the highest levels.”

Also commenting on the appointment, Technology Metals Australia Chairman Michael Fry says the company is pleased Gaines will be joining the board of TMT. 

“She brings tremendous experience and expertise in government relations and creating and maintaining stakeholder partnerships, which will be of great value as the board supports the TMT team in its delivery of the MTMP.

Her focus on governance and workplace best practice aligns with, and further strengthens, the board and company’s values and culture as we continue to grow the project team.”

Gaines says she is ‘excited’ to have the opportunity to join the board of Technology Metals Australia and contribute to the delivery of the Murchison Technology Metals Project (MTMP) to deliver ‘high-grade’ vanadium.

“TMT, with its added focus on downstream processing, can make a significant contribution to renewable energy generation and battery storage, and I look forward to working with the board and management team to continue to progress the project for the benefit of all stakeholders.”

Technology Metals Australia reports Gaines holds a Bachelor of Arts from the University of Western Australia, a Post Graduate Diploma in Occupational Health and Safety from Curtin University, and is a graduate of the Australian Institute of Company Directors.

Gaines is also Chair of the Government Employee Superannuation Board (GESB), a Director of Development WA, and a Non-Executive Director of Chalice Mining (ASX:CHN).

As for the progress of the MTMP, Prentice tells Mining.com.au it’s progressing well, with the project team working closely with GR Engineering (ASX:GNG), Iron Mine Contracting, and Danish company FLSmidth on construction readiness, along with early works planning and scheduling.

“We are continuing to progress permitting and approvals and advancing negotiations with our traditional owners. The Independent Technical Engineer (ITE) review is well underway, with their findings and report informing funding discussions with a range of prospective financiers.

An updated proven and probable Ore Reserve Estimate and a Bankable Financial Model will be completed and released as part of this process. Product marketing and customer engagement are also progressing with end users from both the steel and battery sectors.”

Technology Metals Australia is an Australian vanadium developer that is focused on developing its flagship Murchison Technology Metals Project near Meekatharra in the mid-west region of Western Australia. The company considers the MTMP to be among the ‘highest-grade’ vanadium projects in the world, with planned production at 6% of the current global vanadium demand.

Together with its subsidiary vLYTE, Technology Metals Australia aims to be a leader in the Australian and international vanadium industry by playing a ‘crucial’ role in meeting a growing demand for vanadium to help the world decarbonise.

Write to Harry Mulholland at Mining.com.au

Images: Technology Metals Australia Ltd/Jo Gaines
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.