Arctic Minerals AB (publ) Peter George has been appointed Managing Director and Erik Lundstam appointed Deputy Chief Executive Officer and Chief Geologist. Peter George is a mining engineer and mineral economist with over thirty years of mining industry experience in the Nordics and internationally. He has technical, commercial and managerial skills and extensive experience covering exploration, feasibility studies, project development, mine operations management, and capital markets.
As a founder of Rare Earth Energy Metals Pty Ltd. ("REEM"), the private company acquired by Arctic Minerals in October 2024, and after assuming the role of Executive Director of Arctic Minerals in December 2024, Peter George has led the successful reconstruction and transformation of the Company. He was previously MD of the Australian Securities Exchange ("ASX") listed, and Sweden focussed, exploration company Alicanto Minerals Limited and has held management or engineering roles with companies such as Boliden AB, WMC Limited (now part of BHP Group Limited) and Mineral Resources Limited. He holds a Bachelor of Mining Engineering and a Graduate Certificate in Mineral Economics from Curtin University (WASM) in Western Australia.
Peter George will now assume executive responsibility for the Company with a focus on developing the high-value flagship Hennes Bay copper-silver project in Dalsland (Sweden), the Bidjovagge copper-gold project in Finnmark (Norway) and the Swan Lake copper-gold project in Norrbotten (Sweden). Erik Lundstam is a vastly experienced geologist who has managed exploration programs across a wide range of geological environments in the Nordic region for over 30 years and led several significant discoveries in Sweden during his time at Boliden and Alicanto Minerals. He was also a founder of REEM, has been a member of Arctic Minerals' Advisory Committee since November 2024, and closely involved in the Company's exploration activities since that time.
Erik Lundstam has a master's degree in geosciences from Stockholm University. In the roles of Deputy CEO and Chief Geologist, he will support the CEO and continue to drive the Company's exploration and resource development activities.
