Infini’s CEO Change Raises Stakes for Uranium Project Success
Infini Resources has appointed seasoned mining engineer Rohan Bone as CEO to spearhead development across its uranium and lithium assets in Canada and Australia, marking a strategic shift from exploration to project advancement.
- Rohan Bone appointed CEO effective 1 June 2025
- Focus on advancing Portland Creek Uranium Project and Saskatchewan acquisitions
- Bone brings 18+ years global mining leadership experience
- Performance rights linked to share price milestones included in remuneration
- Strategic move to transition Infini from exploration to development
A New Chapter for Infini Resources
Infini Resources Limited (ASX: I88) has announced the appointment of Rohan Bone as its new Chief Executive Officer, effective 1 June 2025. This leadership change signals a pivotal moment for the company as it aims to transition from exploration towards development of its uranium and lithium projects across Canada and Western Australia.
Bone, a mining engineer with over 18 years of international experience, brings a wealth of expertise from senior roles at industry heavyweights including Alcoa, Tata Steel Minerals Canada, and Thyssenkrupp Mining Technologies. His track record includes leading major resource projects and operational strategies, notably Tata Steel’s Direct Shipping Ore operation in Quebec and transformative initiatives at Alcoa’s mining assets.
Strategic Focus on Uranium and Lithium Assets
Infini’s portfolio includes the Portland Creek Uranium Project in Newfoundland and the recently acquired Reynolds and Boulding Lake projects in Saskatchewan. Bone’s appointment underscores the company’s ambition to advance these assets amid growing global demand for clean energy minerals, particularly uranium’s role in the energy transition.
Executive Director David Pevcic highlighted Bone’s appointment as a key step in unlocking shareholder value, emphasizing the CEO’s experience in delivering complex mining projects and his ability to guide Infini through its next growth phase.
Incentives Aligned with Shareholder Interests
Bone’s remuneration package includes a base salary of $280,000 per annum plus statutory superannuation, complemented by a performance rights scheme tied to the company’s share price milestones ranging from $0.40 to $2.00 over a three-year period. This structure aligns his incentives with Infini’s market performance and long-term growth objectives.
Such performance-linked incentives are designed to motivate leadership to deliver tangible progress on project development and market valuation, though they also introduce an element of uncertainty depending on market conditions and operational execution.
Looking Ahead
Bone expressed enthusiasm for leading Infini Resources into its next chapter, focusing on sustainable growth and operational excellence. His global, multi-commodity background and strategic mindset position him well to navigate the challenges and opportunities in the evolving mining landscape.
As Infini moves forward, investors will be keen to see how Bone’s leadership translates into project milestones, resource development, and ultimately, shareholder returns in the competitive clean energy minerals sector.
Bottom Line?
Rohan Bone’s appointment sets the stage for Infini Resources to shift gears from exploration to development, with performance incentives closely tied to share price progress.
Questions in the middle?
- How quickly can Bone advance the Portland Creek and Saskatchewan projects towards production?
- What operational milestones will Infini target to meet the performance rights vesting conditions?
- How will global uranium market dynamics impact Infini’s growth trajectory under new leadership?