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ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 23 JANUARY 2012
APPOINTMENT OF DIRECTOR
Indo Mines Limited (ASX: IDO) (Company or Indo Mines) is
pleased to announce the appointment of highly experienced
steel executive, Mr Zhang, Xiangqing as a non-executive
Director.
Mr Zhang, who has extensive operational and management
experience in the iron and steel industry, is the founder,
owner and current chairman of Rockcheck Steel Group Co., Ltd
(Rockcheck). Rockcheck, located in Tianjin, People's Republic
of China, is a major shareholder of Indo Mines with a current
shareholding of 17.8%.
Mr Zhang has been presented with several prestigious awards
during his career including the "Outstanding Science &
Technology Private Entrepreneurs Award" and the "Excellent
Entrepreneur Award" in 2004 and the "Tianjin Excellence
Entrepreneur Award" in 2005 by the Tianjin People's
Government.
Mr Zhang was previously a non-executive director of ASX
listed Aurox Resources Limited prior to its merger with Atlas
Iron Limited.
Indo Mines Chairman, Mr Christopher Catlow said the Company
is delighted to have Mr Zhang joining the Board.
"Rockcheck is one of China's largest privately owned iron and
steel producers. Mr Zhang brings significant steel making
expertise to the Indo Mines Board, as well as a track record
of implementing large capital investment projects."
Rockcheck has an annual iron making capacity of 5 million
tonnes. It produces flat steel products and has developed a
special niche in round steel products. It has excellent port
and infrastructure facilities and has grown to be recognised
as one of China's lowest cost producers of quality steel
products through the application of innovative technology. It
was recently ranked at number 22 of China's top 500 private
sector enterprises and within the top 100 in China's iron and
steel industry sector. Rockcheck was one of the first steel
companies in China to introduce direct reduction iron making
technology and now operates the world's largest rotary hearth
furnace, a process that can utilise up to 100% iron
concentrate produced from iron sand.
Enquiries: Martin Hacon, Managing Director & CEO
Telephone: +64 2163 4419
ABN: 40 009 245 210
Level 1, 15 Rheola Street, West Perth WA 6005
Tel: +61 8 9322 1825 Fax: +61 8 9322 1826
distribué par | Ce noodl a été diffusé par Indo Mines Limited et initialement mise en ligne sur le site http://www.indomines.com.au. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-23 03:15:51 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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23/01/2012 Appointment of Director pdf 29 KB |