Pembroke Resources names Michael Rosengren CEO as founder steps down

Pembroke Resources has announced a leadership change as part of its long-term succession plan, with founder, chairman, and chief executive Barry Tudor stepping down from executive responsibilities. Tudor, who established Pembroke in 2014 and guided the company from concept to the commissioning and ramp-up of the Olive Downs Complex, will retain a board seat to ensure a seamless transition.

Effective immediately, Michael Rosengren will assume the role of chief executive officer. Rosengren brings extensive experience from previous senior operational and leadership roles at BHP Billiton, Thiess, Mount Isa Mines, and most recently as managing director at QMetco, where he oversaw operations at the Foxleigh Mine. He is tasked with consolidating production and advancing the second-phase expansion of the Olive Downs Complex.

The Olive Downs Complex, a cornerstone asset for Pembroke, boasts strong reserves, an attractive production profile, and significant expansion potential. Stage one of the complex produces six million tonnes of run-of-mine coal, supplying high-quality coking coal to tier-one steel mills in Southeast Asia and Europe. Rosengren's immediate priorities include ensuring safe, reliable production and expanding the Olive Downs Complex.