Suvo Strategic Minerals Limited announced the appointment of Mr. Hugh Thomas as Chief Executive Officer of the company, commencing 1 April 2023. With over 35 years' industry experience, Mr. Thomas brings a strong mix of commercial and operational experience to Suvo, having held several executive positions across the natural resources sector. Mr. Thomas' previous positions include Managing Director and Head of Asia Pacific Natural Resources for both JP Morgan and Morgan Stanley in Hong Kong, Head of Natural Resources Investment Banking at Investec Bank in Sydney and Partner at Deloitte Corporate Finance Pty Ltd. Mr. Thomas has extensive experience working with a number of listed Company's, having held both management and board positions with Robust Resources, Indochine Mining, NT Minerals Limited and the unlisted International Base Metals.

Mr. Thomas' appointment follows the successful Pittong plant upgrade and commissioning, as announced on 6 February 2023 which validated a nameplate processing capacity of 60,000 tonnes per annum of hydrous kaolin.