ERA cements Welsh as CEO
PERTH (miningweekly.com) – Uranium miner Energy Resources of Australia (ERA) has appointed Brad Welsh as MD and CEO, effective from February 18.
Welsh in October assumed the role of acting CEO, after being seconded from parent company Rio Tinto.
He will now become MD and CEO to focus on the rehabilitation of the Ranger Project Area and lead the strategy to develop ERA's future thereafter.
“We are pleased that Welsh has accepted our offer as MD and CEO. Rio Tinto presented a number of high-quality candidates for ERA's consideration. Welsh came highly recommended by Rio Tinto and was selected because of his qualifications, background along with relevant experience and skills, which are all highly complementary to ERA's existing needs,” said ERA chairperson Peter Mansell.
“On top of that, during his tenure to date as acting CEO, Welsh has demonstrated strong leadership - and has already made a significant contribution. We are confident in this appointment and look forward to an enduring and mutually beneficial relationship with Brad.”
Welsh is from the Muruwari tribe in north-western New South Wales, and prior to joining ERA, held a number of roles within Rio Tinto, including chief adviser closure strategy non-managed assets, chief advisor to the CEO - indigenous affairs and acting GM of the Weipa bauxite operation in Northern Queensland.
ERA recently announced that an independent review of the Ranger rehabilitation had estimated a cost of between A$1.6-billion and A$2.2-billion for the project, compared with the 2019 cost estimates of A$973-million.
Furthermore, the review found that completion of the Ranger project rehabilitation work would be between the fourth quarter of 2027 and the fourth quarter of 2028.
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