Sunrise Energy Metals

Financials:

Primary ticker: ASX:SRL
Stage of development: Development
Primary minerals: Nickel, Cobalt, Scandium
Project to promote: Sunrise Battery Materials Complex
Project location: Australia
Website: www.sunriseem.com

Sunrise Energy Metals Limited (ASX:SRL) is progressing its world-class Sunrise Battery Materials Complex in New South Wales. The Sunrise Project is one of the largest and most cobalt-rich nickel laterite deposits in the world and is development-ready, with all key permits and approvals in place. Sunrise is also one of the largest and highest-grade scandium deposits globally.

Debt: NIL

Major shareholders:

Robert Friedland – 13.5%
Pengxin Group – 11.8%
Fidelity Management & Research – 7.2%

Management Profile

Sam Riggall – Chief Executive Officer

Sam Riggall is Chief Executive Officer of Sunrise Energy Metals Limited.  Mr Riggall was previously Executive VP of Business Development and Strategic Planning at Ivanhoe Mines, and prior to that worked for over a decade at the Rio Tinto Group in a variety of commercial and development roles.  Mr. Riggall holds law and economics degrees, and a Masters of Business Administration.  He is a Fellow of the Australian Institute of Mining and Metallurgy and was awarded the Honour Medal of Economic and Financial Service by the Government of Mongolia.  More recently Mr Riggall served as an industry representative to the Australian Government’s Modern Manufacturing Initiative. 

 

Mr Riggall is currently a non-executive director of Clean TeQ Water Limited and VRB Energy.