Tellus Board Additions Grow Australian Rail and Resource Waste Sector Experience
To support Tellus’ growth during the next stage of its development, Tellus Holdings Ltd (Tellus), an Australian public company that owns and operates Australia’s first commercial geological repository for Class IV and Class V hazardous waste, has appointed Patricia Reid and Ross Love, each as Independent Non-Executive Directors, to the Board.
Tellus also announces the retirement from the Board of Dr Nikki Williams.
Patricia Reid has extensive experience supporting the rail and logistics sector, most recently as the Chief Executive Officer of RailFirst Asset Management. Prior to this, she held a number of CFO roles and was a partner at Ernst and Young and a Non-Executive Director of the British Chamber of Commerce in Hong Kong. She is currently the Non-Executive Chair for the charity Kookaburra Kids.
Ross Love has joined Tellus after 25 years with the Boston Consulting Group where he was the Managing Partner in New York. More recently he acted as Senior Advisor to the Chairman, Minderoo Group (Andrew Forrest). Prior to this, he held a number of senior advisory positions in the WA Government in the 1990s, including Chief of Staff to the WA Premier. Ross currently holds several
executive board positions in the resources sector.
Chairman of the board, Phil Garling, said, “I want to sincerely thank Nikki Williams for her significant and meaningful contribution to Tellus over eight years and wish her well for all her future endeavours. I am also very pleased to welcome Patricia & Ross to the Board and look forward to them using their considerable, relevant experience and capabilities to guide Tellus in the next phase of our growth.”
About Tellus Holdings Ltd:
Tellus is an innovative environmental services company cleaning up hazardous waste across Australia by developing and operating geological repositories, which are the safest places for such waste, and reinvesting in its communities through the circular economy.
Its first geological repository, Sandy Ridge, is located north of Kalgoorlie in WA and is Australia’s first commercial geological repository. It opened in early 2021 and is licensed to accept Class IV and Class V hazardous waste in nearly any form (liquid, sludge, solid) and typically without treatment, up to 100,000 tonnes per annum for the next 25 years. Unlike a traditional waste landfill that relies on a liner, Sandy Ridge relies on a multi-barrier, natural safety case, underpinned by unique geology.
A key feature of the Tellus solution is the fact that Tellus takes risk and title to hazardous waste and thereby facilitates the removal of remediation liabilities from a client’s balance sheet. This occurs through the issuance of a ‘Tellus Permanent Isolation Certificate (PIC™)’. Tellus’ world class safety case is backed by hundreds of millions of dollars in assurance and insurance.
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