Mount Ridley Mines Ltd (ASX: MRD), a company focused on advancing its rare earth and critical minerals portfolio across the Esperance region, has announced the appointment of Mr Allister Caird as its new Chief Executive Officer. Effective from November 6, 2025, Mr Caird brings over 15 years of experience in the energy and resources sector to the role, including exploration, research, project development, and capital markets across multiple exchanges.
Prior to joining Mount Ridley, Mr Caird served as Head of Critical Minerals at Locksley Resources Ltd (ASX: LKY). In this role, he was responsible for developing and implementing the company’s downstream strategy in the United States. His experience includes managing large-scale exploration programs in challenging environments and playing a key role in a significant collaboration with Rice University to advance innovative processing technologies for critical minerals.
According to Mount Ridley Chairman, Peter Christie, Mr Caird’s technical background and understanding of global critical minerals markets will be invaluable as the company advances its rare earth and gallium projects in Western Australia and explores strategic partnerships in the United States. Key terms of Mr Caird’s Executive Services Agreement include a base salary of $275,000 per annum plus superannuation, and 20,000,000 performance rights vesting upon achieving certain share price targets.
The Board of Mount Ridley expressed its enthusiasm for Mr Caird’s leadership as the company focuses on its projects in the Esperance region. The announcement was authorised for release by the Board of Mount Ridley Mines Ltd.
