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LONDON - Ecora Resources PLC (LSE/TSX:ECOR) announced Thursday that Michael Falconer will join its board as a non-executive director effective September 9, 2025, following his nomination by South32 Limited.
The appointment comes under the terms of a relationship agreement between Ecora and South32, which grants South32 the right to appoint a director to Ecora’s board as long as it maintains at least a 10% stake in the company’s issued share capital.
Falconer brings over 20 years of mining industry experience to the position. He previously held senior commercial and business development roles at Lonmin and BHP, and most recently served as Vice President of Business Development at South32. In this capacity, he led the divestment of South32’s thermal coal operations in South Africa and oversaw the sale of the South32 royalty portfolio that Ecora acquired in 2022.
Ecora Chairman Andrew Webb said in the press release statement that Falconer’s familiarity with the operations underlying the portfolio of royalties acquired from South32 in 2022, along with his business development background in the mining sector, would complement the board’s existing skillset.
Ecora Resources describes itself as a critical minerals focused royalty company with a strategy to build a diversified portfolio focused on commodities supporting electrification trends. The company has been transitioning away from coal, with plans to be "materially coal free" by 2026 and have over 90% exposure to commodities that support sustainable energy transition.
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