James Palmer has been announced as the new Chief Executive Officer (CEO) of 29Metals Limited, set to commence his role on 1 May 2024. He succeeds Peter Albert, who will retire as Managing Director & CEO on 30 April 2024. Palmer brings over two decades of experience from BHP, most recently serving as BHP’s Group Performance & Improvement Officer. With a background in chemical engineering and roles across operational, technical, strategy, and business development sectors, Palmer’s career has spanned multiple commodities, highlighting his versatile expertise in the mining industry.
Owen Hegarty, Chair of the Board of Directors at 29Metals, expressed confidence in Palmer’s appointment, citing his operational and business improvement experience, as well as his proven track record in operational transformation and stakeholder engagement. Hegarty also thanked the outgoing CEO, Peter Albert, for his leadership through the company’s foundational years, including its establishment, IPO, and subsequent growth phase.
Palmer, upon accepting his new role, expressed enthusiasm about leading 29Metals towards realizing its vision of becoming a leading ASX-listed copper-focused company. He emphasized the importance of driving safety and performance to unlock the potential of 29Metals’ assets and team.
29Metals, under the leadership of its experienced team, focuses on implementing corporate governance and risk management frameworks, executing strategic and operational plans, and advancing organic growth opportunities. The company, formed through the consolidation of assets by EMR Capital and listed on the ASX in July 2021, has continued to invest in its assets, delivering growth and developing new production areas. The leadership team is supported by a majority-independent Board focused on sustainable growth in shareholder value.
