RCS - Draslovka a.s. - Draslovka forms Advisory Board

Barrick GoldAnnouncement

24/05/2023 15:15

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RNS Number : 5355A  Draslovka a.s.  24 May 2023

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Draslovka forms Advisory Board to Support Growth Plans, Stakeholder Relations
and Corporate Governance

 

Draslovka a.s. ("Draslovka" or the "Company"), a global leader in specialty
chemicals and agricultural chemicals including next generation fumigants and
biocides, is pleased to announce the formation of its Advisory Board, composed
of senior leaders who combine a distinguished track record in their chosen
professional field along with a strong commitment to the highest standards in
corporate governance and business conduct.

 

Draslovka has undergone a period of transformation over the past two years
following a significant expansion at an international level, including the
acquisitions of Chemours' Mining Solutions Business and the exclusive rights
to Glycine Leaching Technology, which offers a new and environmentally
sustainable hydrometallurgical process to leach base and precious metal oxide,
mixed oxide and sulphide ores.

 

The creation of an Advisory Board will support the Company as it enters a new
phase of global growth and deepens its product reach. Drawn from across the
industry spectrum, including natural resources, public service and
manufacturing, the members of the Advisory Board will offer their collective
expertise and deep reserves of experience to help the Executive Board as it
navigates the challenges and seeks to fully exploit the strategic
opportunities present in full commercialisation of Draslovka's proprietary
suite of sustainable alternatives. Chaired by Kathy Sipos, the former Chief of
Staff at Barrick Gold, The Board's role will be to consult across Draslovka's
business lines and on a wide set of corporate matters.

 

Petr Pudil, Chairman of Draslovka's Board of Directors, commented:  "I am
truly excited to welcome the distinguished members of our new Advisory Board
to the Draslovka family. Draslovka is at a critical juncture in its growth
trajectory as we pursue our ambition to not only be the global leader in our
markets in terms of size and technology but also lead the industry in
sustainable business practices and the highest standards of corporate
governance. Draslovka's sustainable solutions have the potential to
fundamentally transform industrial processes, particularly in the mining and
agricultural solutions. The combined expertise of the Advisory Board will help
us ensure we fully capitalise on the global opportunity that this market
presents and achieve our purpose."

 

 

Advisory Board Members

 

·     Kathy Sipos, Advisory Board Chair, former Chief of Staff at Barrick
Gold

Kathy joins Draslovka as Chair of the Advisory Board. Kathy served as Chief of
Staff at Barrick Gold and spent the majority of her 27-year career in the gold
mining industry at publicly listed corporations, including Teranga Gold and
Gabriel Resources. Most recently, Kathy was part of Barrick Gold's
transformational merger with Randgold Resources, helping further establish
Barrick Gold´s leading position in the gold industry.

 

·     Bob Miller, Former Nevada Governor and ex-Board Member of Newmont
Mining

Bob is a notable statesman with a distinguished career dedicated to public
service and ethical business development.  He spent a large portion of his
career working in the public sector and was the longest-serving Governor for
the State of Nevada to date, in addition to holding a number of other official
state-level government positions. He has significant Board experience with
past seats, including Newmont Mining Company, America West Airlines and Zenith
Insurance. He is also the past Chairman of the National Governors Association
as well as past President of the National District Attorneys Association and
past Chairman of the International Association of Gaming Advisors.

 

·     Suresh Prabhakar Prabhu, Sustainable business leader, Former
Minister of the Government of India

Suresh has dedicated himself to developing and executing sustainable business
strategies in the public sphere, having held ministerial positions across
infrastructure, industry and commerce in the Indian government for more than
two decades. He is an internationally recognised authority on sustainable
development, leading a number of international social impact initiatives,
including as the Chairman of the Global Foundation of Farmers, South Asia
Chair of Global Water Partnership and President of the World Forum for Global
Governance. Suresh also currently holds several academic positions, including
Founding Chancellor of Rishihood University and Visiting Professor at The
Grantham Research Institute on Climate Change at the London School of
Economics.

 

·     John Rutherford Allen, United States Marine Corps four-star general
(Rtd) and former commander of the NATO International Security Assistance Force
in Afghanistan

John Rutherford Allen is a retired US Marine Corps four-star general and
former commander of the NATO International Security Assistance Force in
Afghanistan. John has served as Senior Advisor to the Secretary of Defence on
Middle East Security and, at the request of President Obama, served as Special
Presidential Envoy to the Global Coalition to Counter ISIL. John is the
recipient of multiple US military and civilian agency personal and campaign
awards.

 

·   Radek Špicar, Vice President of Business Europe and Vice President of
the Czech Confederation of Industry

Currently, he serves as Vice President of Business Europe, the largest
representative of European entrepreneurs and as Vice President of the Czech
Confederation of Industry, a leading interest group for Czech business.
Previously, he served as Deputy Vice Prime Minister for the Economy of the
Czech Republic and later as Director for External Relations at Auto Škoda and
Director of the Aspen Institute Central Europe think-tank. Radek is a graduate
of the University of Cambridge, Trinity College. His academic work focuses on
corporate social responsibility, economic diplomacy and creative industries.

 

About Draslovka

 

Draslovka Holdings a.s. (Draslovka) is a leading supplier of speciality
chemicals for the mining and agricultural sectors. Draslovka's product
portfolio includes innovative alternative solutions to legacy products.

 

Draslovka's portfolio includes its proprietary Glycine Leaching Technology
(GLT), a technology that enables the most environmentally sustainable and
cost-effective production of precious and critical metals, including gold,
copper, nickel and cobalt. GLT is revolutionary as it makes uneconomic assets
viable, increases mine life, reduces the amount of toxic chemicals required
and decreases opex. Barrick Gold is rolling out Draslovka's GLT across several
of its mines
(https://www.draslovka.com/barrick-gold-to-roll-out-draslovka-s-glycine-leaching-technology-worldwide-36)
around the world.

 

Draslovka produces EDN(TM), BLUEFUME(TM) and eFUME(TM), ozone-friendly and
environmentally sustainable alternatives to methyl bromide and sulfuryl
fluoride, used for fumigation and pest control. Draslovka is also the world's
largest producer of sodium cyanide, a necessary component in critical mineral
processing.

 

Based in the Czech Republic, Draslovka is a family-owned business that has
been dedicated to CN chemistry innovation, sustainability and customer service
for more than 110 years. Recently, it has grown due to inorganic growth such
as the acquisition of Chemours' mining business unit in the US, the purchase
of Mining & Process Solutions in Australia and the agreement to purchase
Sasol's sodium cyanide business in South Africa. Oaktree Capital Management
has invested US$150 million to fund Draslovka's next growth stage to become
the leading global supplier of speciality chemicals to mining companies and
the agricultural sector.

 

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