The Board, which has over 100 years of experience in mining and natural resources development, financing and corporate management, aims to utilise this experience in executing its strategy and deliver shareholder value. The focus is on “strategic metals” as defined by the US and EU with additional polymetallic and gold projects also being considered. The primary geographic is Southern Africa and the Americas although individual projects will be assessed on their own merits.

The Board believes there is significant opportunity in the high value critical metal space as demand increases and supply constraints are accentuated. Critical metals demand is being driven by both the traditional sectors, including high tech manufacturing and defence, as well as fast growing developing markets including wind turbines, electric vehicles, next generation batteries, solar cells and energy efficient lighting.

Through its extensive contact base, the Company is actively evaluating opportunities in commodities including tantalum, niobium, antimony, copper, cobalt and rare earth elements.


Russell Fryer

Executive Director

Steve Venn

Technical Advisor

Russell is a former commodities fund manager with a background in engineering and 27 years’ experience in developed and developing markets focusing on the natural resource sector. Mr. Fryer was formerly the Chairman of Ecometals Limited and Western Uranium Corporation and has previously worked for investment banking firms including, as an analyst and portfolio manager, Robert Fleming, HSBC, Deutsche Bank and Macquarie Bank.

Steve owns S&B Mining which specialises in mine planning, survey, geology, mining engineering and machinery maintenance, procurement and consumables control, mining development and production in Southern Africa. He therefore has extensive experience in the operational environment which will be utilise both in project identification and operation.

Anthony Eastman


Lloyd Pengilly

Advisor to the CEO and Board

Anthony is a Chartered Accountant with many years’ experience in financial management and corporate advisory services as a director and company secretary having been involved with a number of ASX and AIM listed entities. He was previously with E&Y and CalEnergy Gas, a subsidiary of Berkshire Hathaway.

Former Chairman of Metals & Mining for JP Morgan and former Chairman of JP Morgan Africa. Graduate of Royal School of Mines with extensive M&A, Equity and Debt financings in both the developed and emerging markets. Worked with the CEO Robert Fleming. Was President of QKR Corporation Ltd private equity mining company.



The Board of Critical Metals aims to build a significant company in the strategic metals arena through utilising its cumulative experience and acquiring near-term producing assets at private equity valuations and leveraging production to grow earnings and build shareholder value.

The Company has a stringent evaluation policy focused on key metrics which it believes will allow it to identify the investment gaps in the small mining market and pursue RTO opportunities. The focus is primarily on known deposits rather than exploration, with low entry costs and the potential to generate near-term cash flow. With relatively low entry costs, the Company will be able to preserve working capital for project development, build balance sheet strength and therefore reduce dilution.