Brazilian Nickel PLC Announces Board Changes

Brazilian Nickel PLC Announces Board Changes

Brazilian Nickel (BRN), the private UK company developing its nickel laterite heap leach project in Brazil, is pleased to announce the appointment of Brian Menell as Non-Executive Chairman, succeeding Paul Lush who will now become Deputy Chairman.

Mr Menell joined the Board in December 2020 following a US$25 million investment from TechMet Limited, of which he is Chairman and Chief Executive.

Paul Lush, Deputy Chairman, said, “It has been an absolute pleasure to work with Mike and Anne Oxley as we have developed Brazilian Nickel to this stage. However, the company has now reached the stage where a new set of skills and relationships is needed to help guide the company through the next phase of its evolution. I am delighted that Brian Menell has agreed to take up the role and I look forward to working with him to deliver on our plans.”

Mike Oxley, Chief Executive Officer said, “I want to thank Paul Lush for his many years of service to the company as Chairman of the Board and I am very glad that he will remain an executive director and continue to develop BRN with us as Deputy Chairman.

“I now look forward to working with Brian on our next steps and developing the close, commercial links with our potential off-take partners, funders and customers.”


Brian Menell

Brian Menell is a British/South African industrialist and investor with natural resource and energy interests across both emerging and developed markets.

He is the Chairman and CEO of TechMet Limited, a private industrial company building a portfolio of world-class assets to secure supply of the metals critical to Electric Vehicles and Renewable Energy systems. The company is focussed on projects which produce, process or recycle these “Technology Metals”, and currently has operations in North America, South America, and Africa.

Brian is also the principal of the Kemet Group. Kemet is a private group which invests in a range of natural resource projects in East, Central and West Africa, ranging from base metals and gold, to forestry and agri-industry. The group also advises certain governments on resource policy and strategic transactions.

Brian serves as a Director of Tinco Investments Ltd, an integrated Tin and Tungsten producer in Rwanda. He is also a Director of Li-Cycle, the biggest lithium-ion battery recycler in North America, and serves as a Director of US Vanadium, a vanadium specialty chemicals company in the US. Brian is a former Principal and Executive Director of Anglovaal Mining (AVMIN) with extensive base metal, precious metal and ferrous metal interests across Southern Africa, and a former Director of Anglovaal Ltd, a diversified industrial and mining holding company. Prior to Anglovaal, Brian spent eight years with the De Beers Group.


About Brazilian Nickel PLC

BRN is a private UK company established in May 2013 to develop nickel laterite heap leach projects worldwide, beginning with its flagship Project in Brazil. The BRN team are all highly experienced

mining industry professionals with extensive experience in Latin America and worldwide. The team has been developing and commercialising the heap leaching of nickel laterites for over 20 years with a view to building a world class nickel and cobalt producing company. As part of BRN commitment to sustainability