Appointment reflects company commitment to driving business outcomes and delivering value through its environmental, social, and governance strategy.

Melbourne, Victoria. –Molycop, Inc., a leading mining consumables and services company, announced today that Ian Tooze has been appointed as the company’s first-ever Vice President of Global Sustainability. In this role, Mr Tooze will add oversight of the company’s sustainability strategy for Molycop, with a focus on accelerating the company’s commitment to delivering sustainable value through its environmental, social, and governance commitments.

“Momentum on climate change and decarbonization action has been steadily building over recent years. We believe that without a coherent strategy and demonstrated progress in decarbonization and social contribution, our market offer and competitive position will be diminished. We have an opportunity to take a leading market position on sustainability and ESG, to support this objective we have created a senior position to drive our agenda, said Jim Anderson, CEO of Molycop.

Ian brings significant experience to the role with more than 30 years’ experience in the manufacturing, Industrial and mining sectors, working in a variety of roles across Engineering, Product Development, Operations, Marketing, Technology commercialisation and Business Development. In his new role Ian will lead our carbon foot printing work and develop our pathway to net zero, including the setting of emission reduction targets. Ian will also explore technologies to displace fossil fuels and reduce our carbon emissions. The research has focussed on understanding high-temperature reactions of waste and selective synthesis techniques to transform waste into valuable materials and products, including metallic alloys, oxides and carbon, which can be consumed in our steelmaking process. In his new role Ian will lead our carbon foot printing work and develop our pathway to net zero, including the setting of emission reduction targets. Ian will also explore technologies to displace fossil fuels and reduce our carbon emissions.

“Our business model is grounded in strong Environmental, Social, and Governance (ESG) practices as a better and balanced way to do business – doing good by doing well for our customers, employees, communities and shareholders,”. Ian’s deep understanding of our business as well as the larger challenges and opportunities facing our company and our industry around sustainability make him the right person to lead us in our efforts to meet our ambitious goals and elevate our position as an industry-leading, purpose-driven organization.”

“I am honoured to step into this role to build on the important work that has already been accomplished and bring into focus the initiatives driving Molycop’ s ESG strategy,” said Tooze. “This is a pivotal moment in the energy transition, and we have an immense opportunity through the work we do to deliver clean and innovative solutions that have positive impact.”