Ardea (ASX:ARL) appoints Matthew Read as Project Director


  • Ardea (ARL) appoints resources sector executive Matthew Read as Project Director, commencing February 27
  • Mr Read will be responsible for advancing the Kalgoorlie nickel project (KNP) Goongarrie Hub through the study and project development phases
  • The company says his appointment is another major milestone in advancing the Hub, which the company considers a globally significant asset
  • Shares in Ardea are down 4.71 per cent, trading at 81 cents as of 12:55 pm AEDT

Ardea (ARL) has appointed resources sector executive Matthew Read as Project Director, effective from February 27.

Mr Read will be responsible for advancing the Kalgoorlie nickel project (KNP) Goongarrie Hub through the study and project development phases.

The company says his appointment is another major milestone in advancing the Hub, which it considers a globally significant asset.

Managing Director and CEO Andrew Penkethman said the team are “thrilled” to attract someone with Matthew Read’s experience.

“Matt has the ideal blend of experience and energy to assist the Ardea Team in advancing the Kalgoorlie nickel project Goongarrie Hub through current studies to feasibility study, secure project development funding, build an owners team and deliver a successful project on time and within budget.”

With over 25 years of experience in project and commercial leadership roles, Mr Read’s most notable role includes the $10.5 billion Roy Hill iron ore project where he was the owner’s Team Contracts Manager for the Head EPC Contract.

The company said his project development, commissioning, commercial, team building and joint venture management expertise in complex major resources projects makes him suited to leading the development of the KNP Goongarrie Hub.

Shares in Ardea were down 4.71 per cent, trading at 81 cents as of 12:55 pm AEDT.


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