Commercial Director

POSITION SUMMARY

The Commercial Director is a senior executive role accountable for building and leading ASM's end-to-end commercial function, spanning both sides of the value chain: (1) sourcing third-party mineral concentrates to supplement and secure feedstock supply, and (2) marketing and selling ASM's own mineral product offtake - titanium minerals (ilmenite, rutile, and/or leucoxene), zircon, monazite, and staurolite - into markets.

As a member of the Executive Team, the Commercial Director partners with the CEO and fellow executives (Operations, Finance, Legal, Technical, and HSE) to set commercial strategy, manage counterparty and market risk, and ensure ASM's commercial performance supports the company's broader growth, financing, and stakeholder commitments. The role carries full accountability for commercial revenue, margin, and supply-security outcomes and is expected to represent ASM externally with customers, suppliers, industry bodies, and - alongside the CEO and CFO - with investors and financiers where commercial matters are concerned.

KEY RESPONSIBILITIES

• Third-Party Concentrate SourcingSupply
• Identify, evaluate, and develop relationships with third-party suppliers of mineral sands and other relevant concentrates to secure reliable, cost-effective feedstock that complements ASM's own production.
• Lead negotiation and execution of supply/purchase agreements, including pricing mechanisms, quality specifications, volume commitments, delivery terms (Incoterms), and payment security.
• Build and maintain a diversified, resilient supplier base to reduce single-source dependency and support production continuity and growth plans.
• Coordinate with Operations, Technical, and Quality teams to align sourced concentrate specifications with processing and product requirements.
• Monitor global feedstock supply and pricing dynamics to inform sourcing strategy and timing of purchases.
• **ASM Offtake SalesMarket