Long Shortz with Cyclone Metals: A Rio Tinto veteran lends his expertise
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Cyclone Metals has brought Paul Vermeulen on board as it charts the course to large-scale magnetite production in Canada.
Stockhead’s Ashtyn Hiron sits down with Cyclone Metals (ASX:CLE) general manager for technology and steel markets Paul Vermeulen to get the short end of the long story on the metallurgist’s recent appointment.
In his new role, Vermeulen will be responsible for developing high-value and low-carbon steel products and managing all technical studies spanning the ferrous value chain — everything from mineral resource definition to steel production.
His previous operational roles include Blast Furnace Manager at Iscor South Africa (now Arcelor-Mittal), where he managed one of the largest blast furnaces in the southern hemisphere.
He also worked for five years at Rio Tinto (ASX:RIO) as principal technical marketing, where he played a key role in developing high value iron ore products for steel mills, including the benchmark Rio Tinto ‘Pilbara Blend’.
In April, Cyclone acquired the Block 103 project in Canada’s Labrador Trough — one of the largest magnetite iron ore belts on earth and the only one which benefits from open access rail and port infrastructure.
Tune in to hear Paul Vermeulen on his plans for the business and the upside he sees at Block 103.