Rare Element Resources Announces Appointment of Ken Mushinski as President and Chief Executive Officer
Mr. Mushinski served as a member of the RER Board from November 2017 through March 2022. This experience is complemented by an extensive background in corporate development and project execution, primarily in the uranium industry, both domestically and internationally. As the former Vice President, Corporate Planning and Acquisitions for General Atomics Technologies Corporation and President of uranium companies Quasar Resource and Cotter Corporation, all affiliates of General Atomics (“GA”), Mr. Mushinski has extensive production-related operational experience, from permitting to decommissioning, in the resource industry. Synchron, the majority shareholder of RER, is an affiliate of GA. Throughout his 30-plus-year career, Mr. Mushinski has been responsible for developing strategic partnerships and garnering investments from within the defense, energy and resources industries for projects under his direction. Mr. Mushinski holds a Bachelor of Science in Mechanical Engineering, summa cum laude, from San Diego State University.
“Ken’s previous time on the Company’s Board has given him a good understanding of the rare earth sector and an appreciation of the opportunities that the Bear Lodge Project and our innovative separation and recovery technology represent. That is what makes him the perfect person to lead the Company in its next phase of development,” stated Gerald Grandey, Chairman of the Board of Directors of the Company. “With his strong background in mineral development, he understands the steps that will be needed to get the Bear Lodge Project into production. The relationships he has built over the years with different governmental leaders will ensure the Company continues to align its efforts with the needs of the nation. We look forward to Ken using his demonstrated leadership skills in shepherding the Company towards its goal of becoming the cornerstone of a secure, domestic rare earth supply chain.”
Mr. Mushinski currently serves as Non-Executive Chairman for Anfield Energy, Inc. a Canadian-based uranium and vanadium development and near-term production company.
Kelli Kast will serve as the Company’s Interim President and Chief Executive Officer during the period between the departure of Mr. Berg and the commencement of Mr. Mushinski’s tenure. Ms. Kast has been RER’s chief legal officer and head of administration, as an employee or consultant, since July 2012. She has also been a member of the Company’s Board since 2022.
Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology, energy, and defense applications by advancing the Bear Lodge Rare Earth Project in northeast
General Atomics is a privately held company engaged in the development and production of advanced technology products and systems for the energy and defense sectors. Rare Element Resources’ majority shareholder, Synchron, is an affiliate of General Atomics.
Forward-Looking Statements
This news release contains forward-looking statements and information within the meaning of securities legislation in
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Please contact Wayne Rich, Chief Financial Officer, at +1 720-278-2460 or wrich@rareelementresources.com, for additional information.
Source: Rare Element Resources Ltd.