Sten Soderstrom
Perth,Australia
Summary
Experienced Advisor specializing in strategic guidance and solution development. Proven track record in enhancing business processes and driving performance improvements. Recognized for strong problem-solving capabilities and effective communication skills. Dedicated to delivering impactful advisement that aligns with organizational goals.
Overview
35
35
years of professional experience
Work History
Resources Industry Advisor
Mining Strategic Value Partners Pty Ltd
07.2013 - Current
- Company Overview: The primary focus of Mining Strategic Value Partners Pty Ltd is to deliver new Projects, improve existing Projects and Operations to deliver quantifiable positive business results.
- Provision of expert report in relation to supreme court action against ASX listed company
- Advisory work to corporate clients in pre-IPO stage
- Advisory and development work to corporate listed companies relating to project development and execution
- Advisor to major ASX listed construction company relating to formation of JV
- Review of contracts and provision of advice for performing lump sum work
- Negotiating on behalf of principal client terms and conditions of proposed contracts
- Project risk reviews and advice to clients
- The primary focus of Mining Strategic Value Partners Pty Ltd is to deliver new Projects, improve existing Projects and Operations to deliver quantifiable positive business results.
Executive General Manager
Sedgman Limited
Perth, Australia
03.2012 - 08.2013
- Company Overview: (A CIMIC Group subsidiary)
- Responsible for managing the Western Australian operations of Sedgman Limited.
- Delivered project bankable feasibility studies and the provision of engineering and construction services including lump sum contracts to mining and mineral processing clients globally.
- Secured a $90 M lump sum contract to design and construct a gold plant.
- Achieved an organisational restructuring to better position the company in the Australian and international markets.
- Chair of the Corporate Risk Management Committee, responsible for the metals business implementation of the Enterprise Risk Management Framework.
- Chair of all Project Risk Management Committees, responsible for the metals business implementation of the Project Risk Management Framework.
- (A CIMIC Group subsidiary)
General Manager Plant and Process
Sundance Resources Ltd
Perth, Australia
03.2010 - 03.2012
- Company Overview: (ASX:SDL)
- Responsible for delivering a completed definitive feasibility study for the 30Mtpa, $5b, DSO project.
- Managed the work of some 40 people including engineering consultants.
- Member of the Corporate Risk Management Committee, responsible for the implementation of the Enterprise Risk Management Framework in respect of Process Plant and Port infrastructure.
- Member of the Project Risk Management Committees, responsible for the implementation of the Project Risk Management Framework.
- (ASX:SDL)
Project Area Manager
Australian Premium Iron Ore
Perth, Australia
01.2009 - 04.2010
- Represented the owner Aquila Resources - AMCI JV with sole responsibility for delivering a completed definitive feasibility study on all mineral processing, materials handling and associated infrastructure.
- Managed, on behalf of the project owner, the scope of work performed by WorleyParsons.
- Drastically reduced the number of production hubs and saved on capital and operating costs.
- Optimised truck haul versus conveyor haul resulting in vastly improved project economics.
General Manager Project Development
United Minerals Corporation
Perth, Australia
09.2008 - 01.2009
- Company Overview: (ASX:UMC)
- Evaluated the alternatives and recommended divestment after having achieved JORC reserve status of a significant part of the resource.
- Participated in equity raising and promotion of the project along with the directors with cornerstone investors, brokers and financial institutions in London and Australia.
- (ASX:UMC)
Study Manager
Sinosteel
Perth, Australia
05.2007 - 09.2008
- Company Overview: Sinosteel is a central enterprise under the administration of the State owned Asset Supervision Administration Commission and one of China's largest and most influential companies.
- Responsible for developing a business plan and project feasibility study for the $1b Weld Range 10 Mtpa DSO iron ore project.
- Managed the statutory permitting process for the project and liaised with the State Government in respect of the third party Oakajee port and rail project.
- Sinosteel is a central enterprise under the administration of the State owned Asset Supervision Administration Commission and one of China's largest and most influential companies.
General Manager Studies
Intermet Engineering
Perth, Australia
02.2006 - 04.2007
- Managed all aspects of mining and mineral processing project studies ranging from scoping studies, pre-feasibility studies, definitive feasibility studies, front end engineering studies through to detailed cost estimates and project bids.
- Bidding and being awarded five projects for Australian and Canadian clients with projects in Philippines, Mexico, Indonesia, Congo and Papua New Guinea.
Principal and owner
S.Soderstrom & Associates
06.1999 - 03.2006
- Carried out many contract consulting and advisory assignments including organisational restructuring, corporate and project risk assessment, EPCM and construction management.
- Successful restructuring of site management organisation for a major international mining group.
Managing Director
Metso Minerals Australia
, Australia
06.1990 - 06.1999
- Company Overview: Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas.
- Accountable for the profitability, market share and ongoing growth of the Asia-Pacific subsidiary of a NYSE listed company.
- Managed major comminution projects internationally.
- Secured preferred supplier agreements to increase sales volume and improve profitability.
- Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas.
Education
Professional Development Seminar - Stochastic Models And Optimisation For The Mining
McGill University
Montreal, Quebec, Canada01.2011
Post Graduate Diploma - Company Directors Course
University of Sydney
Sydney, NSW01.1996
JK Tech Advanced course - Grinding and Classification
University of Queensland
Brisbane, QLD01.1994
Master of Science - Operations Research
University of Birmingham
Birmingham, England01.1973
Bachelor of Engineering (Hon) - Mechanical Engineering
University of Birmingham
Birmingham, England01.1970
On line course - JORC and Valmin refresher courses
AUSIMM
AustraliaSkills
- Project risk management
- Contract negotiation
- Engineering services
- Feasibility analysis
- Stakeholder engagement
- Client relationship management
- Strategic planning
- Corporate governance
- Market analysis
- Team leadership
- Problem solving
- Effective communication
- Project execution
- Change management
- Decision making
- Data interpretation
- Project management
- Cross-functional coordination
- Group facilitation
- Regulatory compliance
- Critical thinking
- Financial analysis
- Written communication
Board Executive Roles
- Non-Executive Director, COMHWA
- CEO, Metso Minerals Australia, 03/01/2012, 08/31/2013
- EGM, Sedgman, 03/01/2010, 03/01/2012
Executive Board Committee Experience
- Resources Industry Advisor, Mining Strategic Value Partners Pty Ltd, 07/01/2013, current, Provision of expert report in relation to supreme court action against ASX listed company, Advisory work to corporate clients in pre-IPO stage, Advisory and development work to corporate listed companies relating to project development and execution
- Executive General Manager, Sedgman Limited, 03/01/2012, 08/31/2013, Managed the Western Australian operations of Sedgman Limited., Secured a $90 M lump sum contract to design and construct a gold plant.
- General Manager Plant and Process, Sundance Resources Ltd, 03/01/2010, 03/01/2012, Delivered a completed definitive feasibility study for the Sundance Mbalam project.
Qualifications Professional Development
- Master of Science (Operations Research), University of Birmingham, 1973
- Post Graduate Diploma (Company Directors Course), University of Sydney, 1996
- Bachelor of Engineering (Hon), University of Birmingham, 1970
Professional Activities Memberships Interests
- FAICD Fellow Australian Institute of Company Directors
- MAusIMM Member of the Australasian Institute of Mining and Metallurgy (Retired)
- FIEAust CPEng
Publications
- Creating and Optimising Strategic Asset Value, Book, ISBN 978-164633424-7
- Why Boards Need To Exercise Diligence When Delegating, Article, LinkedIn
References
Available on request
Jurisdictional Sector Expertise
Deep familiarity with ASX listing rules, JORC, and native title/permitting., Led projects in Congo, Cameroon, and Ghana., Advised Sinosteel (China) and managed projects in Indonesia, Philippines, and PNG., Worked in Sweden, Germany, and the UK; understands EU regulations.
Board Profile
Distinguished senior executive and board advisor with over 30 years of leadership experience across the global mining, infrastructure and heavy industrial sectors. Proven track record in executing international projects (ranging from $100mn -$7bn in value) for various companies in multiple jurisdictions., Global Project Leadership, Directed projects valued at $100M-$7B across Australia, Africa, Asia, and Europe, including the $5B Sundance Mbalam Iron Ore Project (Congo/Cameroon) and the $7.4B West Pilbara Iron Ore DFS (Aquila-AMCI JV)., Corporate Transactions, Played pivotal roles in M&A and divestments, including Sinosteel's $1.32B acquisition of Midwest Corporation (ASX) and the sale of United Minerals to a tier-one miner., Turnaround & Value Creation, Restructured underperforming projects and optimised capital/operating costs., Governance & Risk, Chaired Risk Management Committees and advised boards on ASX compliance.
Languages
English
Full Professional
German
Professional
Swedish
Professional
References
References available upon request.
Timeline
Resources Industry Advisor
Mining Strategic Value Partners Pty Ltd
07.2013 - Current
Executive General Manager
Sedgman Limited
03.2012 - 08.2013
General Manager Plant and Process
Sundance Resources Ltd
03.2010 - 03.2012
Project Area Manager
Australian Premium Iron Ore
01.2009 - 04.2010
General Manager Project Development
United Minerals Corporation
09.2008 - 01.2009
Study Manager
Sinosteel
05.2007 - 09.2008
General Manager Studies
Intermet Engineering
02.2006 - 04.2007
Principal and owner
S.Soderstrom & Associates
06.1999 - 03.2006
Managing Director
Metso Minerals Australia
06.1990 - 06.1999
Professional Development Seminar - Stochastic Models And Optimisation For The Mining
McGill University
Post Graduate Diploma - Company Directors Course
University of Sydney
JK Tech Advanced course - Grinding and Classification
University of Queensland
Master of Science - Operations Research
University of Birmingham
Bachelor of Engineering (Hon) - Mechanical Engineering
University of Birmingham
On line course - JORC and Valmin refresher courses
AUSIMM
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