Peter Bradford passed away, page-7

My condolences  to all family and friends,  and much gratitude to you Peter for the values, ethics and conviction you bought to this great company.
RIP.

https://thewest.com.au/business/mining/igo-boss-peter-bradford-dies-suddenly-c-8561534
IGO boss Peter Bradford dies suddenly

Stuart McKinnonThe West Australian
Sun, 16 October 2022 3:57PM

Stuart McKinnon


Peter Bradford. Credit: Sharon Smith/The West Australian

The driving force behind IGO’s transformation into an ASX-100 Australian battery metals producer, Peter Bradford, has died suddenly.

The company confirmed Mr Bradford’s passing in a statement on Sunday afternoon, describing him as an inspirational leader, an innovative and strategic thinker and a compassionate mentor, who transformed IGO into the company that it is today.

The 64-year-old keen walker and well known advocate of the WA mining industry died on Saturday.

IGO said Mr Bradford was passionate about climate change and the role the mining industry could play in the transition to a clean energy future and was equally passionate in engaging others on the issues.

IGO’s non-executive chair Michael Nossal extended the company’s sincerest and heartfelt condolences to Peter’s wife Vicki and his children and everyone who knew him.
“The news of his death is devastating to everyone at IGO,” he said.
“We greatly admired Peter for not just his vision and commitment to delivering on our purpose but also for his endearing humility and enormous humanity.”

Mr Bradford, who was appointed IGO’s managing director in May 2014, has been a relentless deal-maker in recent years as he set about transforming IGO from a gold and base metals miner into a battery metals producer of scale.

In 2015, he struck a friendly $1.8 billion scrip tie-up with Sirius Resources, which delivered IGO its flagship Nova nickel-copper project in the Fraser Range near Balladonia.
The deal saw WA’s most famous prospector Mark Creasy come on board as a significant shareholder, a stake he has retained and built on in subsequent years.

In 2020, he struck an ambitious $1.9 billion deal with China’s debt-laden Tianqi Lithium that saw IGO claim a 49 per cent stake in the company’s Kwinana lithium hydroxide plant and a 25 per cent interest in the world’s premier lithium mine, Greenbushes, 250km south-east of Perth.

Last year, he sold the company’s 30 per cent stake in the Tropicana gold mine to Regis Resources for $903m in a deal widely considered a good price for the vendor.

Earlier this year, he struck a $1.26b takeover of nickel miner Western Areas, which netted IGO a new long-dated nickel project in Odysseus that provides the company with sufficient ore to consider downstream processing opportunities.
As part of the deal, he negotiated a downstream processing joint venture with Andrew Forrest’s Wyloo Metals.

The IGO board has appointed chief operating officer Matt Dusci to the role of acting chief executive, effective immediately.
The company said he would continue in the role while the board conducted a formal search process for a permanent chief executive, which will consider internal and external candidates.

Mr Nossal said the board had every confidence that Mr Dusci, the executive leadership team and everyone at IGO, would remain steadfast in the face of the challenge and would not waiver from maintaining the continuity and success of the business.

IGO is among WA’s top 10 ASX-listed companies with a market capitalisation of nearly $12 billion.

In addition to his role as IGO’s managing director, Mr Bradford championed the mining industry in WA, was the president of the Association of Mining and Exporation Companies, an active mentor for Women in Mining WA and a former WA Mining Club committee member and vice president.