Medallion Resources enhances team to execute monazite-based rare earth strategy

Metal Stocks  |  2012-04-19 02:25:25   |   By

Medallion Resources Ltd, world's leading rare earth explorer, has strengthened its team by adding two members, Sothi Thillairajah and Warwick Bartle, to assist in the execution of its monazite-based rare earth strategy.

VANCOUVER(Scrap Monster): Medallion Resources Ltd, world's leading rare earth explorer, has strengthened its team by adding two members, Sothi Thillairajah and Warwick Bartle, to assist in the execution of its monazite-based rare earth strategy.

Sothi Thillairajah has been appointed as the General Manager, Middle East, to work on plant-siting,financial and logistics issues, within the Indian Ocean basin, related to Medallion's planned large scale, rare earth processing facility. Sothi Thillairajah has two decades of experience in international finance, advising North American corporations on Middle East joint ventures and early-stage, mineral projects in Africa and Latin America.

Warwick Bartle, an experienced sales and marketing veteran of the minerals-sands industry, will be the new directorr of Feedstock Acquisition, to secure long term monazite supply agreements. He has got commercial experience with titanium and related minerals spans almost 50 years. He started as an industrial chemist, working in pigment production for Laporte Titanium (now Cristal Pigments). He soon found his way into international mineral sales and marketing, and over the years has held those responsibilities for titanium minerals, zircon and monazite for leading companies that include Western Titanium (now Iluka Resources), QIT (now Rio Tinto Iron & Titanium Inc), Cable Sands/RZM (now Bemax), and others

Bill Bird, Medallion Chairman and CEO, stated,'Adding these key people, following the recent endorsement of the SENES Consultants' report, highlights our progress toward the planned financing and construction of a monazite-based, rare-earth processing facility. Our team is now fully engaged in monazite procurement, production-plant site selection and related partnerships. We can now confidently choose a location for our rare-earth processing facility. Our search is focused on the Indian Ocean basin, where the majority of the world's monazite is located.'