Peak Resources Limited announced that Mr. Michael Prassas will join the Company as Executive General Manager - Sales, Marketing & Business Development. Michael was previously Global Account Manager for Automotive Catalysis and Sales Manager - Rare Earth Systems for leading global chemical company Solvay. Michael's primary responsibility was for Rare Earth Mixed Oxide sales in Europe and Africa.

Michael has over 20 years' experience in sales and marketing and his focus has been negotiating long-term supply contracts with global accounts and developing business relationships and offtake agreements with some of the automotive companies.