Genmin makes strategic leadership appointments to drive iron ore strategy in West Africa

Genmin ASX GEN Gabon iron ore strategy West Africa leadership team
Genmin’s Baniaka project has an initial iron ore resource of 152Mt.

West Africa-focused iron ore explorer Genmin (ASX: GEN) has enhanced its leadership team to underpin its iron ore strategy with appointments of a new study manager and head of sales and marketing.

Terry Quaife has joined the company as study manager and brings with him 30 years’ international experience, including 15 years managing feasibility studies for minerals projects in Australia, Africa, England and Asia – working for both project owners and consultants.

Mr Quaife has a Bachelor of Engineering (Mechanical) from the University of Western Australia and his most recently role was studies manager – new projects for Fortescue Metals Group (ASX: FMG).

He also worked with Glencore and the former Xstrata.

His experience comprises assessment and development of medium-to-large scale projects involving iron ore, potash, gold, copper, nickel and mineral sands.

As study manager with Genmin, Mr Quaife will be responsible for overseeing the preliminary feasibility study and social and environmental impact studies for the Baniaka iron ore project in the Republic of Gabon.

He will also work on finalising negotiations of Baniaka’s rail, port and power supply agreements.

Sales and marketing managing

Joining Genmin as manager of sales and marketing is Anthony Wenting.

Mr Wenting recently relocated back to Perth in Western Australia after 10 years in Shanghai, China.

Similar to Mr Quaife, Mr Wenting has also worked for FMG with his time with the iron major as a technical marketing advisor.

He also has work with Baowu Group in Australia, China and Hong Kong where he specialised in commercial marketing and sales, iron ore trading and mining developed.

Mr Wenting has a Bachelor of Commerce (Business Management and Marketing) from Curtin University and is fluent in English and Mandarin.

In his role with Genmin, Mr Wenting will be responsible for establishing and maintaining potential offtake partner and customer relationships.

He will also determine Baniaka product positioning and develop sales strategies to deliver maximum value.

Genmin managing director and chief executive officer Joe Ariti said the company was “delighted” to have both Mr Quaife and Mr Wenting onboard as Baniaka is progressed towards development.

“Both bring industry experience and knowledge across the iron ore value chain and proficiency as we advance Genmin to becoming Gabon’s first iron ore miner,” Mr Ariti added.

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