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2026-11-06

← SFR management

Full background report

Jason Grace

Chief Operating Officer

Career chronology

  • Current or most recently dated 2026 issuer role; exact start unknown: Sandfire Resources — Chief Operating Officer. FY2026 annual report (Physical p41; issuer biography)

Industrial safety

MATSA contractor fatality and company response

2026 · issuer reported · high materiality

A contracting-company worker died at the Magdalena mine on 25 February 2026. Sandfire said it suspended activity and was working with Spanish authorities; the April quarterly said the authorities continued their investigation. The final investigation and any findings are not established. Sandfire’s FY2026 remuneration report says the board applied a 10-percentage-point negative modifier to the company STI scorecard following the fatality; this company scorecard adjustment was not a finding of personal fault.

Attribution: Role overlaps event; causation unproven. The person held group leadership during the event; sources do not establish personal responsibility for the death.

Relevance: Material group safety outcome during the leadership period.

Fatal incident at Sandfire MATSA operations (Page 1, fatal incident announcement); March 2026 quarterly report (Safety section, investigation); FY2026 annual report (FY2026 remuneration report section 5.3, fatality and board scorecard modifier)

DeGrussa rock-fall conviction

2020–2023 · documented · high materiality

WorkSafe WA reported that Sandfire pleaded guilty in November 2023 to a safety breach after a May 2020 rock fall trapped and injured a worker at DeGrussa. The regulator reported a A$551,250 fine and A$4,670 costs.

Attribution: Role overlaps event; causation unproven. Grace was Sandfire COO by 2020. The company was convicted; the regulator announcement does not establish his personal involvement or fault.

Relevance: Company safety outcome during operational leadership.

Sandfire Resources fined after worker injured underground (Published 16 November 2023; regulator incident and disposition)

Governance and interests

Board applied incentive discretion following heritage disturbance

2017–2024 · documented · high materiality

Sandfire reported disturbances at Monty mainly in 2017–18 and delayed notification to the Yugunga-Nya. The board reduced Grace’s FY2024 individual short-term incentive outcome by 12.5%; it discussed accountability for physical disturbance, escalation time, or both, without specifying the exact basis for Grace. The independent commissioned investigation identified organisational process failures. Sandfire later reported that the Western Australian heritage department did not substantiate an Aboriginal Heritage Act breach; the department’s original determination was not reviewed.

Attribution: Individual involvement documented. The board specifically named Grace in its incentive decision. Grace joined Sandfire in 2019, after the main 2017–18 disturbance; the report does not prove that he caused it.

Relevance: Direct board action and heritage oversight warrant consideration while retaining the timing limits.

FY2024 annual report (Printed pp66–67, 84–85, board remuneration decision); External investigation into disturbance of artefact scatters (Pages 1–4, investigation summary); FY2025 financial results and annual report (FY2025 remuneration report, 2024 heritage incentive and later regulator review)

Suitability for the current role

Experience relevant to current role

Career; dates as disclosed · analyst inference · low materiality

Joined Sandfire in 2019; previously Mineral Resources executive general manager for iron ore; issuer says he chairs Sandfire Resources America. BAppSc (geology), BSc (Honours), MMinEng and MEnt (Executive), issuer-reported.

Attribution: Responsibility not applicable. An analytical role-fit inference based on issuer or organiser description; facts and independent qualifications remain unverified.

Relevance: Relevance to current scope is inferred, not a proven individual outcome.

FY2026 annual report (Physical p41; issuer biography)

Evidence gaps

  • This is a partial screening. Separate named-person searches in each required topic, full prior-employer histories, and court, regulator, safety and environmental records have not been completed.

  • The available qualifications have not been independently verified with an awarding body or register.

  • No absence of adverse information or individual clearance is implied.

  • The board did not specify whether Grace’s reduction related to physical disturbance, escalation, or both.

  • Final Spanish authority findings on the 2026 MATSA fatality are not established.