Board and Key Personnel

Mr Michael Davy

Non Executive Chairman

Michael Davy is an Australian executive and Accountant with 20 years’ experience across a range of industries.

Michael previously held a senior management role in Australia for Songa Offshore (listed Norwegian Oil and Gas drilling company), where he assisted with the start-up of the Australian operations and managed the finance team for a two rig operation with multi-hundred million dollar revenues. Prior to that he worked in Australia and London for other large organisations overseeing various finance functions and  has been closely involved in a number of private businesses, consistently recognising opportunity early and helping shape it into commercial success.

During the past five years Michael has held directorships in several ASX listed companies and is currently a Non-Executive Chairman of Raiden Resources Limited (ASX: RDN), a Non-Executive Chairman of Haranga Resources Ltd (ASX:HAR), a non-executive director of Vanadium Resources Ltd (ASX:VR8), and a non-executive director of Arcadia Minerals Ltd (ASX:AM7).

Athan Lekkas

Non Executive Director

Mr Lekkas has many years of investment banking experience and has advised on numerous cross border transactions including capital raisings, funding and structuring of acquisitions, joint ventures overseas and participated in a broad range of business and corporate advisory transactions. More recently Athan has focused on the restructure and recapitalisation of a wide range of ASX Listed companies. He was former Chairman of Panax Geothermal Limited (ASX:PAX) a Geothermal company that was successfully transformed into an Internet of Things (IoT) technology company where he was responsible for raising $25M. Mr Lekkas was also previously a Director of Brainy Toys Limited which was transformed from a technology company into a mining company which is now listed as a Kogi Iron (ASX: KFE), where he was instrumental and successful with identifying and funding the acquisition of a major West African Iron Ore project.

Mr Neil Goodman

Managing Director and CEO

Mr. Goodman has long standing experience in the iron and steel making industry, with a proven track record of planning and building large-scale iron making plants around the globe. Mr. Goodman worked for 20 years with Rio Tinto and Molong China developing the HIsmelt process for smelting iron ore to create 100% Green Pig Iron. Magnum recently acquired 100% of Appalachian Iron in West Virginia, which was owned by Mr Goodman, and which holds an agreement with Molong to license to the HIsmelt technology. Mr. Goodman also owns Smelt Tech Consulting, a private advisory firm providing advice on smelting to the steel industry worldwide and is a Director on the Board of the Australian Government funded Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC). The HILT CRC funds research into new technologies to de-carbonise heavy industries including the steel industry.

“Following the sale of the HIsmelt technology, I have left Rio Tinto and started a consultancy with former team members to support the new owners Molong, the HIsmelt Accredited Engineers, and future clients. Smelt Tech provides process, engineering, analytical and operational support for HIsmelt and other primary metals extraction industries”

Mr Mark Pryn

Company Secretary

Mark Pryn is an experienced finance and governance executive, company secretary and chartered accountant, with over 25 years’ experience within public company and professional environments. Mark has Company Secretary and CFO experience with several listed entities.