VRX Silica is focused on supplying the global demand for silica sand.
VRX Silica identified the silica sand shortage in the Asia-Pacific region as a unique opportunity for Western Australia. The shortage, which is predicted to worsen with dwindling local supplies and increasing demand, has caused an increase in price. The Asia-Pacific region accounts for 47% of global demand for silica sand and is predicted to grow by 6.1% to 138 million metric tonnes in 2019 according to Freedonia Group.
Western Australia is well positioned to meet this rising demand in Asia-Pacific markets for silica sand.
B Bus, ASA, MSDIA, CPA Non-Executive Chairman
Mr Boyatzis has an extensive working knowledge of public companies and more than 30 years’ experience in the investment and equity markets. He has assisted many emerging companies raise investment capital both locally and through overseas institutional investors.
Mr Boyatzis is a current member of the Australian Institute of Company Directors, the Securities and Derivative Industry Association and a member of the Certified Practising Accountants of Australia.
During the past three years, Mr Boyatzis has held the following other listed-company directorships:
• Nexus Minerals Ltd – 6 October 2006 to present
• Aruma Resources Ltd – 5 January 2010 to present
• Transaction Solutions International Ltd – 23 February 2010 to 30 June 2017
BSc (Surv), Dip Met MinManaging Director
Mr Maluish has more than 30 years’ experience in the mining industry with numerous roles as Managing Director and General Manager with organisations such as the Monarch Group of Companies, Matilda Minerals, Abelle, Hill 50 and Forsyth Mining. He has worked in a variety of resource sectors including gold, nickel and mineral sands, from both open pits and underground.
His management and administrative experience includes the set up and marketing of IPOs, from commencement of exploration to full production, to the identification, development and expansion of projects including mergers and acquisitions. His international experience includes identification of projects and negotiations with clients in Asian markets.
His qualifications include credentials in surveying, mining, project planning and finance.
During the past three years Mr Maluish has held the following other listed-company directorships:
• Nexus Minerals Ltd – July 2015 to present
B.Com, MBA, CPA Non-Executive Director
Mr Pawlowitsch holds a Bachelor of Commerce from the University of Western Australia, is a member of the Certified Practising Accountants of Australia, and holds a Masters of Business Administration from Curtin University.
These qualifications have underpinned more than 10 years’ experience in the accounting profession and more recently in business management and the evaluation of businesses and mining projects.
During the past three years Mr Pawlowitsch has held the following other listed-company directorships:
• Dubber Corporation Limited – 26 September 2011 to present
• Department 13 International Limited – 30 January 2012 to 18 December 2015
• Knosys Limited – 16 March 2015 to present
• Novatti Group Limited – 19 June 2015 to present
• Rewardle Holdings Limited – 30 May 2017 to present
VRX Silica has acquired high-quality silica sand projects at Arrowsmith, located 270km north of Perth in WA, and at Muchea, 50km north of Perth. Both locations have the potential for substantial Mineral Resources and benefit from adjacent rail lines connecting to ports in Geraldton and Kwinana.
VRX Silica also owns the Biranup and Warrawanda projects in regional Western Australia. There is an existing option agreement with Metalicity Limited (ASX: MCT) for the sale of a 40% interest in the Birnaup Project, and a farm-in and joint venture arrangement for the balance of the project.