Valence Industries appoints new Managing Director

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Image credit: www.valenceindustries.com

Industrial manufacturing company Valence Industries has announced the appointment of Robert Mencel as its deputy Managing Director.

Image credit: www.valenceindustries.com
Image credit: www.valenceindustries.com

Mr Mencel is replacing Christopher Darby who resigned as Managing Director and CEO of Valence Industries to accept an executive strategy and customer focused role with the company.

Mr Mencel’s appointment as the Managing Director of Valence will become effective on 1 December 2015.

“We thank Christopher Darby for leading the business in its critical start-up phase. His commitment to the business and contribution to our growth has been significant. We also welcome the role that Robert Mencel has agreed to take on as the Company moves to a new phase focused on production,” said Mr Graham Spurling, Chairman of Valence Industries, in an ASX Announcement issued on Friday.

Mr Mencel has over 20 years of experience in the resources sector.

“I am delighted to be taking over from Christopher Darby at this exciting transition point for Valence Industries. The Company has a world-class graphite resource, in a safe and stable operating location, close to our major customers in the Asian region,” he said.

“We are in the enviable position of having an operating plant that is producing quality graphite, although not at the rate the plant will be capable of. The Company is transporting graphite at grades between 90% to 96% from our Uley Graphite site to our warehouse in Adelaide prior to commencing customer shipments. We aim to be a bottom quartile cost producer, and I look forward to providing further detail on our operational upgrade and expansion plans in coming weeks.”

Valence Industries is the owner and operator of the only graphite mining and manufacturing facilities in Australia, located at Uley in South Australia.