ASX:SRX
ASX:SRX

SIERRA RUTILE HOLDINGS PTY LTD

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Board & Leadership

Sierra Rutile has a strong Board and management team that have the requisite skills and experience to deliver sustainable value for shareholders

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Board

Greg Martin
Mr Martin contributes 40 years’ experience in the mining, utilities, financial services, energy and energy related infrastructure sectors in Australia, New Zealand and internationally. Mr Martin is currently the Non-Executive Chairman of Provaris Energy Ltd. He was previously a Non-Executive Director of Spark Infrastructure and Non-Executive Chairman of Iluka Resources Limited. Mr Martin also currently serves as Non-Executive Chairman of Hunter Water Corporation, Non-Executive Director and Deputy Chair of The Electricity Networks Corporation (trading as Western Power), Non-Executive Chair of Mawson Infrastructure Group and as a Non-Executive Director of Power & Water Corporation. Mr Martin holds a Bachelor of Economics from the University of Sydney and a Bachelor of Laws from the University of Technology, Sydney. He is also a Member of the Australian Institute of Company Directors. As well as chairing the Board, Mr Martin chairs the Company’s People and Nominations Committee.
Theuns de Bruyn
Mr de Bruyn joined Sierra Rutile in August 2019, as the Chief Operating Officer and was appointed Chief Executive Officer in January 2021. He has over 25 years’ experience in the African mineral sector, starting his career with BHP where he worked across various commodities and departments including Operations and Business Development. Mr de Bruyn has held a range of senior positions including Executive Vice President of Processing with Lonmin Platinum and as Chief Operating Officer for Metorex. Mr de Bruyn holds a Bachelor of Engineering in Chemical Engineering from the University of Pretoria and a Master of Business Administration from Heriot Watt University.
Martin Alciaturi
Mr Alciaturi has more than 40 years’ experience across investment banking, corporate finance, and as a mining executive. Prior to his current role, Mr Alciaturi was Finance Director of Aquila Resources a major ASX listed iron ore and coal producer/developer which was taken over in 2014. His responsibilities included business development, investor relations, finance and administration. Mr Alciaturi’s previous roles included Partner in Charge of Corporate Finance at Ernst & Young Perth for 10 years and 4 years as Head of Corporate Finance (Perth) at Macquarie Capital. Mr Alciaturi holds a Bachelor of Science (with honours) in Mechanical Engineering from University College London, and a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australia. He is a Fellow of Chartered Accountants Australia and New Zealand, and a member of the Australian Institute of Company Directors.
Graham Davidson
Mr Davidson has over 30 years’ professional experience of executive and board positions with a track record of leading large multicultural teams on natural resource projects across the African, Australian and Asian continents, having held senior executive positions in Australia, Borneo, Indonesia, Namibia, Guinea and consulting in South Africa regarding the African continent. Mr Davidson is currently Managing Director at Millstream Consultants. He has held a range of senior positions including Managing Director of Rio Tinto’s Simandou project, Chief Executive Officer of Rio Tinto’s Port Waratah Coal Services and General Manager of Operations at Rio Tinto’s Uranium project in Namibia. Mr Davidson has also served on several non-profit and governing boards. Mr Davidson holds a Bachelor of Engineering in Mechanical Engineering from Newcastle University and a Diploma of Maintenance Management from Central Queensland University. He is also a member of the UK Institute of Directors, member of the Australian Institute of Company Directors and the Institute of Engineers Australia and various associations within. Mr Davidson chairs the Company’s Sustainability & Social Accountability Committee.
Joanne Palmer
Ms Palmer has over 26 years’ of industry experience providing audit and assurance services on company listings, mergers, acquisitions and takeovers and significant experience in auditing international resource companies. Her African experience spans over 20 years as former external auditor and advisor to UK and Australian companies operating in Mali, Mauritania, Burkina Faso, Tanzania, Zambia, Senegal, Malawi and Guinea, during her time in both EY’s London and Perth offices. Ms Palmer is currently a Non-Executive Director of Paladin Energy, restarting the Langer Heinrich mine in Namibia in 1Q24, a Non-Executive Director of NextOre, a company operating in the mining technology field, and a Councillor and Treasurer of the Association of Australian Mining and Exploration Companies (AMEC). Prior to her existing roles, Ms Palmer was an Executive Director at Pitcher Partners (until November 2022) and an equity Partner at EY in the Assurance Practice. She led EY’s Financial Accounting Advisory Services team in Perth for three years prior to her departure. Ms Palmer holders a Bachelor of Science (with honours) in Mathematics and Statistics from the University of Birmingham. She is a fellow of both the Chartered Accountants Australia and New Zealand and Institute of Chartered Accountants in England & Wales. She also holds a graduate diploma from the Australian Institute of Company Directors and is a Registered Company Auditor with the Australian Securities and Investments Commission. Ms Palmer chairs the Company’s Audit & Risk Committee.
Patrick O'Connor
Mr O’Connor is an experienced non-executive director and resources senior executive across a wide range of industries, including mining (gold, copper, lead, zinc, tin and coal), oil & gas exploration, biotechnology and government utilities. He is currently the Non-Executive Chairman of FAR Limited and a Non-Executive Director of Metals X Limited. Mr O’Connor spent nine years as a director of the Water Corporation in WA, including four years as its chairman. Mr O’Connor was also the Chief Executive Officer for OceanaGold Corporation at the time of its listing on the ASX and served for a period as a Non-Executive Director. Prior to OceanaGold, Mr O’Connor was Managing Director of Macraes Mining Co Ltd for nine years. Mr O’Connor is a Fellow of the Australian Institute of Company Directors and holds a Bachelor of Commerce (Accounting).

Leadership Team

Theuns de Bruyn
Mr de Bruyn is Managing Director and Chief Executive Officer for Sierra Rutile. See his profile in the Directors Profile section.
Martin Alciaturi
Mr Alciaturi is Finance Director for Sierra Rutile. See his profile in the Directors Profile section.
Eben Lombard
Mr Lombard joined Sierra Rutile in August 2020 and served as the General Manager Services. He was appointed as Chief Operating Officer in December 2021. He has 22 years’ experience in metals and minerals processing in various commodities including steel, chrome, platinum, copper, cobalt and lead and worked for Arcelor Mittal Steel in his early career. Mr Lombard held senior positions including Head of Processing/Production in Arcelor Mittal Steel, Samancor Chrome, Lonmin Platinum, Metorex and ERG Africa as well as General Manager in the ZIMCO and the Welding Alloys Groups. Mr Lombard holds a Bachelor of Science in Metallurgical Engineering from the University of Pretoria, a Master of Business Administration from the University of the Free State and a Certificate in the Fundamentals of Financial Management from Stellenbosch University.
Maurice Cole
Mr Cole joined Sierra Rutile in October 2017 as Finance Manager and was promoted in September 2019 to the position of Chief Finance Officer. He has over 30 years’ experience in the Accounting and Auditing. He started his career with KPMG and has worked in various sector including Energy, Banking, Petroleum and mining. Mr Cole previously held a number of senior positions including Financial Controller, Chief Finance Officer and Managing Director of the biggest Petroleum Company in Sierra Leone (NP(SL)LTD) before joining Sierra Rutile. Mr Cole holds qualifications from the Association of Chartered Certified Accountants of England and Wales and the Association of Accounting Technicians of England. He is also a Fellow of the Association of Chartered Accountants of England and Wales and a Fellow of the Association of Chartered Accountants of Sierra Leone.
Derek Folmer
Mr Folmer joined Sierra Rutile in April 2013 and transitioned to be Vice President TiO2 Sales for the Americas and Europe for Iluka in 2017. He was reappointed as General Manager Marketing by Sierra Rutile post Demerger. Mr Folmer has over 25 years of commercial experience in the mineral sands sector, including 9 years of active involvement with Sierra Rutile, where he was Chief Marketing Officer and also a director of the company’s in-country board. He has also held previous senior positions including General Manager Sales and Marketing for Rutile and Zircon at Rio Tinto. Mr Folmer holds a Bachelor of Engineering in Mining Engineering and a Master of Business Administration in Finance, both from McGill University, and is a member of the Quebec Order of Engineers.
Sue Wilson
Ms Wilson is an experienced General Counsel and senior executive. She was previously General Counsel and Company Secretary of Iluka Resources until September 2021. She was previously the Head of Company Secretariat at South32 following the demerger from BHP. She was also General Counsel and Company Secretary and a member of the executive team at Bankwest and HBOS Australia. Prior to joining Bankwest, Ms Wilson was a partner of law firm Parker & Parker (now part of Herbert Smith Freehills). Ms Wilson is currently the Chair of aged care provider, Amana Living and a member of the WA Council of the Australian Institute of Company Directors. She was previously the Pro Chancellor and a member of the Council at Curtin University, Chairman of the WA State Council of the Governance Institute of Australia and is a former non-executive director of Western Power. Ms Wilson holds a Bachelor of Jurisprudence and a Bachelor of Laws from the University of Western Australia. In 2021, Sue was awarded an Honorary Doctorate from Curtin University for exceptional leadership and wise counsel to Curtin University and the community. She is also a Fellow of the Australian Institute of Company Directors and the Governance Institute of Australia.
Barry Honnah
Mr Honnah joined Sierra Rutile in August 2019 as the Human Resources Manager. He has over 20 years experience in Human Resource Management having worked in various positions in both the UK and Sierra Leone. Prior to his appointment at Sierra Rutile, he served as the General Manager of Human Resources for African Minerals Limited. He has also held roles as the General Manager for Human Resources and Community Relations at London Mining and as Director of Human Resources and Rebranding at Orange Sierra Leone. Prior to working in Sierra Leone, Mr Honnah also held various consultancy roles providing recruitment and human resource solutions to public sector organisations in the UK. Mr Honnah holds a BA Politics and Sociology(Hons) from the University of York, MSC, Industrial Relations and Personnel Management (London School of Economics).
Osman Lahai
Mr Lahai joined Sierra Rutile Limited in May 2017, as the Community Relations and Social Development Manager. He has over 20 years of experience in community relations and public affairs, and started his career at the United Nations Department of Peacekeeping Operations (DPKO) in Sierra Leone, Liberia, Ethiopia, Eritrea and Sudan, where he worked across various departments including Civil Affairs, Human Rights and Public Information. Mr Lahai has also held a range of senior positions including Head of Media Relations and Communications with London Mining Company and as Editor for The Democrat Newspaper in Sierra Leone. Mr Lahai holds a Bachelor of Science in Geography from University of Sierra Leone and a Graduate Diploma in Humanitarian Law from theUniversity of Helsinki.
Hussine Yilla
Ms Yilla joined Sierra Rutile Limited in August 2023 as Corporate Affairs and Government Relations Manager responsible for government, stakeholder and public relations, corporate communications, reputational and issues management, and overseeing implementation of the company’s Corporate Social Responsibility and Sustainability objectives. Prior to joining Sierra Rutile, she was most recently the Deputy Country Manager for Marampa Mines Limited, a large-scale iron ore mining company also operating in Sierra Leone. Ms Yilla comes with a wealth of knowledge and experience in the mining industry having worked at the World Bank as an Extractives Sector Specialist before taking on the role of Country Operations Officer for the World Bank country Office in Sierra Leone. She spent the earlier part of her career in Aberdeen, Scotland providing business development support to UK Oil & Gas companies venturing and operating in key hydrocarbon markets in Sub-Saharan Africa. Ms Yilla holds a Bachelor of Laws (with honours) from the University of Liverpool and a Master of Business Administration in International Business from Coventry University.
2024 Sierra Rutile / By Dapth