WA1 Resources employs expert marketing advisor Gustavo Macedo to deliver niobium industry knowledge

Western Australia-based minerals explorer WA1 Resources (ASX:WA1) has appointed marketing advisor Gustavo Macedo to assist with niobium industry knowledge, product marketing, offtake negotiation, and opportunity generation.  

The company, which has a $297.16 million market capitalisation, says Macedo has over 20 years of experience in the niobium industry, which has been developed during his tenure at Companhia Brasileira de Metalurgia e Mineração (CBMM). 

Having joined CBMM in 2003, Macedo progressed to Managing Director of CBMM Europe, where he oversaw its operations in Europe, the Middle East and Africa, as well as its niobium products. These niobium assets include the largest niobium mine in the world. 

This mine currently produces about 80% of the world’s annual niobium production.   

Macedo also holds a Bachelor of Business Administration and International Trade from the Newton Paiva University in Belo Horizonte, Brazil, and has completed postgraduate studies at Institut Européen d’Administration des Affaires (INSEAD) and Harvard Business School.  

The appointment of Macedo comes at a time in which the company is looking to bolster its niobium industry knowledge, which has caught the attention of diversified junior explorer Bindi Metals (ASX:BIM), as reported by Mining.com.au yesterday (3 August 2023). 

This news service spoke with Bindi Metals Executive Director Henry Renou, who explained that Bindi is “looking to capitalise on this fast-growing market”.

Commenting on the appointment, WA1 Resources Managing Director Paul Savich says: “Gustavo has been working with us since approaching the company soon after the discovery of high-grade niobium at the West Arunta Project in late 2022. His guidance has been integral to ensuring that WA1 has developed an excellent foundation of niobium industry knowledge. 

We are very pleased to formally appoint Gustavo in an exclusive capacity to assist us with the formulation of our future product marketing and offtake strategies”

We are very pleased to formally appoint Gustavo in an exclusive capacity to assist us with the formulation of our future product marketing and offtake strategies. His global experience will ensure that WA1 is best placed to capitalise on the Luni niobium discovery by assisting us to integrate into the global niobium supply chain.”  

WA1 Resources is a gold explorer based in Perth, Western Australia (WA) with a mission of discovering a tier-one deposit in the state’s underexplored regions. 

The company’s assets in Western Australia include its Hidden Valley Project in northern WA, the West Arunta Project situated on the border between WA and the Northern Territory, and the Madura Project in southern WA. 

WA1 Resources had $17 million cash at hand as of 30 June 2023, according to its latest quarterly report.

Write to Adam Drought at Mining.com.au

Images: WA1 Resources Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.