Alexander Lemon is a founding Director and President of AIM/TSXV listed Mkango Resources, and a Director of Maginito. He has over 30 years’ experience in exploration, mining and operations management. From 1994 to 2001 he was the Managing Director of a producing gold mining company in Central Asia, where he gained extensive operating experience in emerging markets including government negotiations and project management. From 2001 to 2005, he worked for a family office, Allied Commercial Exporters as an investment adviser. Whilst President of Mkango, the Company has advanced the Songwe Hill rare earths project in Malawi from an early exploration stage to a definitive feasibility study in July 2022 and approval of the Environmental, Social and Health Impact Assessment in January 2023, established Maginito and then acquired an interest in HyProMag in 2020 and advanced the Pulawy rare earth separation project in Poland through the scoping and prefeasibility study stages. He holds a BSc Geological Sciences from Oxford Brookes University and MSc Mineral Exploration from Royal School of Mines, Imperial College London.

John Singleton is Chief Operating Officer of CoTec and a Director of Maginito. He has over 20 years’ experience in the mining industry. He started his career at De Beers Consolidated Mines in South Africa as a Senior Geotechnical Engineer, followed by 13 years at Rio Tinto Plc. During his time at Rio Tinto Mr Singleton gained extensive operational, commercial and technical experience across multiple product groups and served in several senior leadership positions in Business Evaluation and Corporate Development. Most recently he was Head of Corporate Development at Centamin Plc. His experience includes business development, strategy and capital planning, mergers and acquisitions, assessment of investment opportunities, project development and valuation. Mr Singleton has worked globally across multiple commodities and has led several multi-discipline teams. He is a Fellow of the Royal Geological Society and holds a BSc from the University of Bristol and an MSc in Engineering Geology from Royal School of Mines, Imperial College London.