?

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.

Documents associés
23/01/2012 Appointment of Director pdf 29 KB