Perpetual Resources Limited (ASX:PEC)

To explore and develop critical minerals, supporting the global shift to sustainable energy.

About Us

Perpetual Resources Ltd ('Perpetual') (ASX: PEC) is an ASX listed company pursuing exploration and development opportunities within the critical mineral sector. ​ Perpetual is active in exploring for lithium and other critical minerals in the Minas Gerais region of Brazil, where it has secured approximately 120km2 of highly prospective lithium exploration permits, within the pre-eminent lithium (spodumene) bearing region that has become known as Brazil’s “Lithium Valley”.   Perpetual also operates the Beharra Silica Sand development project, which is located 300km north of Perth and is 96km south of the port town of Geraldton in Western Australia.

Company Overview

Established in 2011 and headquartered in Subiaco, Australia, Perpetual Resources Limited (ASX: PEC) is dedicated to the exploration and development of critical minerals vital for new energy technologies. The company's flagship asset, the Beharra Silica Sands Project, spans 49 square kilometres in Western Australia and is strategically positioned 300 km north of Perth and 96 km south of Geraldton, facilitating efficient access to export markets.

In addition to its Australian operations, Perpetual has secured approximately 120 km² of prospective lithium exploration permits in Brazil's Minas Gerais region, known as "Lithium Valley." This area is renowned for its spodumene-bearing pegmatites, offering significant potential for lithium extraction. The company's diversified portfolio underscores its commitment to supplying critical minerals essential for the global transition to sustainable energy.

Perpetual Resources is actively pursuing complementary acquisition opportunities to enhance its portfolio, aligning with its strategic focus on critical minerals. The company's management team brings extensive experience in exploration, project development, and value creation for shareholders and stakeholders.

Board & Management

 Julian Babarczy

Julian Babarczy

Executive Chairman

Mr Babarczy is a finance industry professional, having worked at Regal Funds Management for the past 12 years, currently as a Portfolio Manager for the Regal Emerging Companies strategy. Mr Babarczy has extensive experience investing across all areas of the financial markets, with a particular focus on natural resource investments.

Robert Benussi

Robert Benussi

Executive Director

Mr Benussi is a senior resource executive with extensive experience in finance, corporate advisory and business development. Mr Benussi has held directorships and senior roles in listed resource companies, including Executive Director of Perpetual Resources from June 2018 to current, Chairman of Tawana Resources from Dec 2015 to Dec 2018, Founding shareholder and director of Bligh Resources from July 2011 to Oct 2015 - recently bought by SAR, and Company Secretary, CFO & CEO of listed Jupiter Mines from July 2006 to June 2011.

Brett Grosvenor

Brett Grosvenor

Non-Executive Director

Mr Grosvenor is an experienced Senior Manager with over 25 years’ experience in the Mining and Power industry. Holding a dual tertiary qualification in Engineering and a Master in Business, Mr Grosvenor is currently the Director of Development of Primero Group, focused on the development of projects from an initial concept through to contract delivery and operation.

Nicholas Katris

Nicholas Katris

Chief Financial Officer

Mr Katris joined Perpetual in December 2021, bringing over 15 years of experience in the resources sector with him. Together with his extensive experience in financial management with a number of ASX listed companies active in a range of commodities, precious metals, base metals and the industrial mining sector, Mr Katris has also held Directorships and Company Secretarial positions in listed and unlisted entities. He has worked with companies based in Australia, Canada, Europe and Africa.

Allan Stephens

Allan Stephens

Exploration Manager

Allan Stephens brings over 9 years of extensive experience in the mining and exploration sector as a seasoned geologist. His career spans pivotal roles at leading mining entities such as BHP Group Limited, AngloGold Ashanti, and Northern Star Resources.

In his recent tenure as the Western Australian Team Leader and Senior Consultant Geologist at MEC Mining, a leading geological consulting firm, Allan spearheaded exploration initiatives encompassing a diverse spectrum of commodities and deposit styles across Australia and West Africa.

Experienced in grassroots lithium exploration projects within the Pilbara and Yilgarn regions, Allan has crafted and executed numerous successful exploration strategies for domestic and international mining firms. His profound insights have been instrumental in advancing exploration efforts, contributing significantly to the industry's growth. Allan holds a Bachelor of Science degree with a major in Geology from the University of Western Australia. Additionally, he possesses a professional certificate in Environment, Sustainability, and Governance from AusIMM, underlining his commitment to industry best practices. Actively engaged in professional associations, Allan is a valued member of both AusIMM and the Australian Institute of Geoscientists (AIG).

Rafael Mottin

Rafael Mottin

Non-Executive Director

Mr. Mottin brings a wealth of experience in mineral exploration, project development, and corporate strategy, with a strong focus on mining regulations and operational expertise in Brazil. As a co-founder and leader of several successful mining ventures, including RTB Geology and Mining Co., Mr. Mottin has developed and sold over 15 mineral projects to ASX and TSX-listed companies. His expertise spans gold, iron ore, lithium, and rare earth elements, as well as environmental permitting and stakeholder negotiations. Mr. Mottin also holds an MBA from the Rotman School of Management at the University of Toronto, with specialised training in global mining management. He has advised multiple resource companies, including Perpetual, on advancing their projects in Brazil, positioning him as an invaluable addition to the Board.

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