Noronex Appoints New CEO to Drive Growth in Kalahari Copper Belt

Tip Ranks
2025.05.12 01:18
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Noronex Ltd. has appointed Victor Rajasooriar as Managing Director and CEO to spearhead its growth strategy in the Kalahari Copper Belt. Rajasooriar, with 25 years of mining industry experience, is expected to enhance the company's operational capabilities. The announcement also includes the retirement of Director James Thompson, a key figure in Noronex's founding. Noronex is an ASX-listed copper company with projects in Namibia and Ontario, aiming to expand its resources using modern technology. Current market cap stands at A$8.36M.

Noronex Ltd. ( (AU:NRX) ) has provided an update.

Noronex Limited has appointed Victor Rajasooriar as Managing Director and CEO to lead its growth strategy in the Kalahari Copper Belt. With 25 years of experience in the mining industry, Rajasooriar brings extensive expertise in operations and management, having held senior roles in major mining companies. His appointment is expected to enhance Noronex’s operational capabilities and strategic growth in the copper sector. Additionally, the company announced the retirement of Director James Thompson, who played a crucial role in founding Noronex and developing its initial copper assets.

More about Noronex Ltd.

Noronex Limited is an ASX-listed copper company with advanced projects in the Kalahari Copper Belt, Namibia, and Ontario, Canada. The company has a significant resource base and plans to use modern technology and exploration techniques to expand its copper resources.

Average Trading Volume: 1,502,854

Technical Sentiment Signal: Buy

Current Market Cap: A$8.36M

For a thorough assessment of NRX stock, go to TipRanks’ Stock Analysis page.

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