Sunday 02 / February / 2025
Muscat: SPMP (Strategic & Precious Metals Processing) Board of Directors announced the appointment of Joel Montgomery as Chief Executive Officer as from November 1, 2020. Chief Operating Officer and Executive Committee member since September 2018, Joel Montgomery has been acting CEO since February 2020 following the departure of the previous CEO.
The plant in Sohar has recently reached several important milestones, including the successful production and sale of 500t of antimony and gold doré. Sheikh Nasser Al Harthy, chair of the Board, said, “On behalf of the Board, I salute the work accomplished by Joel Montgomery and the team at SPMP over this difficult period to position the business for success. We wish Joel all the best in his new role.”
The appointment marks a new chapter for SPMP as it embarks on an ambitious production ramp-up programme. SPMP has recently completed the restructuring of its long-term debt and secured the additional shareholder funding required to achieve full capacity at its Sohar facility.
With the appointment of Joel Montgomery, the Board of Directors confirms the Company’s strategic ambition of becoming a leader in antimony production.
Joel Montgomery, 46, is a seasoned mining professional with 23 years of experience in the mineral processing and manufacturing industries. A Canadian trained mechanical engineer with a master’s degree from Queen’s University, Joel has held various senior operational, maintenance and engineering roles throughout his career. Prior to joining SPMP in 2018, Joel spent 12 years with the Vale Copper Nickel Operations in Canada and 6 years with General Electric. Joel has served on several boards and volunteer organisations.
SPMP is aligned with Oman’s strategy to provide job opportunities for Omanis and has progressively increased its Omanisation rate since inception to reach 42 per cent, with 6 per cent females, exceeding the minimum 15 per cent Omanisation requirement for a freezone company before 100 per cent production.
