Tim Maclean - Australian Mines Chief Officer

Mr. Tim Maclean is an Chief Operating Officer of the Company. He brings more than 25 years of senior management and handson technical and production experience in the mining industry, including, building from scratch the US3 billion Mineraao Ona Puma nickel laterite processing plant in Brazil for Vale and managing its subsequent operation, including the plants 1, 900person workforce, managing Incos Indonesian nickel laterite operations, which has an annual average output of 169 million pounds of nickel, and running Rio Tintos Palabora copper smelter and refinery in South Africa, which produces around 120, 000 tonnes of copper metal per year. His most recent role involved managing Alcoas Kwinana aluminum refinery in Western Australia including its 950person workforce. This refinery, which produces over 1 billion of specialty alumina products per year, is located within the Perth metropolitan area and, thus, is proximal to numerous residual communities. That the Kwinana operation achieved some of its best safety and environmental performance during his time at this plant is a testament to Mr. Macleans strong personal commitment to the environment, local community engagement, and workforce safety. He builds Australias Mines management and technical capacity in this crucial stage of development for the Company, as it moves its advanced Sconi CobaltNickelScandium Project in Queensland through its current Bankable Feasibility Study and towards a final investment decision. With the Company anticipating reporting the results from its resource extension drilling program1 at its Flemington CobaltScandiumNickel Project in New South Wales within the coming fortnight, and the release of an updated Mineral Resource estimate2 for the Flemington Project in August, Mr. Maclean will also play a vital role in the preparation of the Companys PreFeasibility Study for this project, which is scheduled to start in October 2017. since 2017.