Power Minerals

Power Minerals Limited is an ASX-listed exploration and development company. We are focused on transforming our lithium brine resources in Argentina, exploring and developing our promising REE, niobium and other critical mineral assets in Brazil, and maximising value from our Australian, Canadian, and other Argentina assets.

Management Profile:
Alistair Stephens is a mining and resources executive with more than 35 years’ experience across gold, base metals, critical minerals and coal, including more than 20 years as Chief Executive Officer of ASX-listed and private companies. He has led complex mining, processing and project development operations across Australia, Southeast Asia, Africa, Brazil and South America, with extensive experience spanning geology, mining, metallurgy and operational leadership. Alistair is recognised as a strategic critical minerals expert with more than 22 years’ experience in the rare earths and niobium sectors. He has played a leading role in defining more than 7 million tonnes of contained Total Rare Earth Oxides (TREO) into development and has overseen multiple engineering studies from feasibility through to pre-feasibility and definitive feasibility stages. His experience combines technical excellence with a proven ability to simplify complex development pathways, reduce project risk and create long-term shareholder value. He is the former Managing Director and CEO of Arafura Rare Earths Limited (ASX: ARU) (formerly “Arafura Resources”), a position he held from 2004 to 2009, during which time he advanced the Nolans Bore Rare Earths Project in the Northern Territory to Pre-Feasibility stage and saw the company’s market capitalisation increase from $4 million to $400 million.

What are your key goals for the next 3 months?:
We aim to deliver drill data and preliminary metallurgy for our Morro do Ferro REE project in Brazil

What are your key goals for the next 6 months?:
Based on this work, our next step is to define a JORC 2012 Mineral Resource Estimate for Morro do Ferro REE project

What are your key goals for the next 12 months?:
In the following six months after the MRE, we will complete a Scoping Study for Morro do Ferro

What do you think makes your company such a compelling investment?:
We see potential for Morro do Ferro as more than a rare earth project. With high-grade bastnäsite-hosted mineralisation, exposure to the premium magnet rare earth elements neodymium, praseodymium, dysprosium and terbium, a rare Manifesto de Mina mining title and access to established regional infrastructure, Morro do Ferro has the potential to become a strategic upstream supplier to diversified global rare earth supply chains.