AKORA Resources (ASX: AKO) has appointed Peter Bird, a seasoned geologist and mining executive, as its new Managing Director and CEO. This appointment follows the retirement of Paul Bibby, who will transition into an advisory role to ensure a smooth leadership change. Bird will spearhead the development of AKORA’s flagship Bekisopa project in Madagascar, aiming for an annual production of up to 2 million tonnes of direct shipping ore with an average grade of 61.6% iron.
Bird’s extensive background includes his recent role as Executive General Manager at Rex Minerals, where he facilitated a $393 million takeover by Mach Metals Australia. He has also held leadership positions at Zenith Minerals, Excelsior Gold, and Asiamet Resources. With experience in capital markets and investor relations at Newcrest Mining, Normandy Mining, and Merrill Lynch Equities Australia, Bird brings a comprehensive skillset to AKORA. He aims to advance the Bekisopa project beyond its pre-feasibility study (PFS), focusing on upgrading ore concentrate to over 68% iron for green steel production. Bird emphasizes the potential of AKORA’s portfolio and the role of high-grade iron ore in global decarbonization efforts.
