Anthony Greenaway Takes Helm at Core Energy with A$300K Salary and Performance Rights

Leadership Transition at Core Energy Minerals

Core Energy Minerals Limited (ASX, CR3) has announced a significant leadership change with the appointment of Anthony Greenaway as Managing Director, effective 1 October 2025. Mr Greenaway’s elevation from Executive Director reflects the company’s strategic intent to intensify exploration efforts and accelerate development across its critical minerals portfolio.

Greenaway’s deep expertise, spanning over 25 years in mining and exploration across multiple continents, positions him well to steer Core Energy’s ambitious projects. His prior roles within the company, including Non-Executive Technical Director and General Manager of Exploration, have seen him intimately involved in the acquisition and early-stage exploration of the Cummins and Harris Uranium Projects in South Australia, as well as uranium and rare earth element initiatives in Brazil.

Track Record of Value Creation

Before joining Core Energy, Greenaway played a pivotal role in the rapid development of the Salinas Lithium Deposit in Brazil for Latin Resources, guiding the project from discovery through to its sale valued at approximately A$600 million. This experience underscores his capability to transform exploration assets into commercially viable operations, a quality the Core Energy board clearly values.

Non-Executive Chairman Christopher Gale expressed strong confidence in Greenaway’s leadership, highlighting the ongoing drilling success at Cummins and promising early results from Brazilian projects. Gale emphasized that Greenaway’s appointment signals a focused and consistent ramp-up in exploration activities, which the board believes will underpin the company’s next phase of growth and shareholder value creation.

Incentives and Future Outlook

Greenaway’s remuneration package includes a base salary of A$300,000 plus statutory superannuation. Additionally, the company intends to issue performance incentive rights under its Securities Incentive Plan, subject to shareholder approval. The specifics of these rights, including quantum and vesting conditions, remain to be determined by the board, introducing an element of anticipation around how these incentives will align with Core Energy’s strategic milestones.

As Core Energy advances its uranium and rare earth exploration programs, Greenaway’s appointment is likely to bring a more hands-on and technically driven approach to project development. Investors will be watching closely for updates on drilling results and exploration progress, which could materially influence the company’s valuation and market positioning in the critical minerals sector.