Jervois Global Limited announced it has appointed Mr. Carlos Braga as President and Executive General Manager (EGM) ­ Jervois Brasil as it progresses towards a restart of the São Miguel Paulista (SMP) refinery in São Paulo. Mr. Braga joins Jervois from Brazilian private fertilizer group, Morro Verde Fertilizer, where he was Chief Executive Officer since 2021 and successfully transitioned the company into operation, selling phosrock into the Brazilian domestic market. Prior to Morro Verde Fertilizer, Mr. Braga spent three years at McKinsey in São Paulo where he advised clients on operational transformation and optimization across a range of industries including fertilizers, rare earths and base metals.

Earlier roles include Chief Operating Officer and Country Manager for Meridian Mining, a manganese operation in Brazil owned by the private equity firm Sentinent Group, from 2015 to 2018; Vice President Operations for MbAC Fertilizer from 2009 to 2014, where he led the USD 350 million construction and start-up of the Itafos Arraias fertilizer project in Tocantins state. The Itafos Arraias project construction had a 2,500 labour force at its peak; Mr. Braga also coordinated lender due diligence for the USD 114 million project finance facility with International Finance Corporation (IFC), BNDES, Itaú and WestLB. He was also a Senior Associate at Kearney in São Paulo from 2007 to 2009.

From 2003 to 2007 he spent four years as Strategic Planning Manager of the Zinc Division at Votorantim Metais, part of the Votorantim Group. Mr. Braga has previous experience with Jervois' SMP refinery, when early in his career in 2001, he collaborated in the implementation of a USD 20 million expansion through his role at the engineering firm Progen. Mr. Braga is a graduate of São Paulo University with an MBA from Cornell University in the United States.

Acting EGM Brazil, Mr. Valdecir Botassini will continue in his current role as SMP Project Director, where he and Jervois Brasil's local operating team in São Paulo are coordinating detailed engineering and advanced procurement by Ausenco to underpin restarting the facility, ahead of anticipated final investment decision by the Jervois Board before the end of 2022.