Atrum Coal NL - Appoints Steven Boulton Following Shiploader Trials
22.08.2014 | ABN Newswire
Perth, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce the appointment of Mr Steven Boulton to the Board as a Non-Executive Director.Commenting on the appointment, Chairman Mr James Chisholm stated:
"Having recently completed a successful trial of the ship loader at Stewart Bulk Terminal with high grade anthracite, it is timely that we welcome Steve to the team. He has a remarkable track record having managed some of Australia's largest infrastructure businesses. We look forward to his input as we ultimately look to develop Atrum into the world's largest high grade and ultra-high grade anthracite producer."
Mr Steven Boulton, MTM, BBus, FAICD, FAIM, CAHRI has in excess of 35 years' operational and investment experience in major infrastructure projects, including ports, rail, roads, airports and utilities. He is one of Australia's leading infrastructure executives and currently serves as Global Head of Infrastructure at CP2.
He has previously performed in a number of major infrastructure advisory roles:<
- Chief Executive Officer - Allgas Energy Ltd
- Chief Executive Officer - Powerco Limited (NZ's 2nd largest electricity/gas enterprise)
- Chief Executive Officer - Prime Infrastructure ($3.7 billion infrastructure fund)
- Chief Executive Officer - Hastings Funds Management ($7 billion infrastructure fund)
- Executive Director - Australian Pacific Airports Corporation
- Executive Chairman - Dalrymple Bay Coal Terminal (one of the largest coal export facilities)
- Executive Chairman - PD Ports (UK's 2nd largest commodity seaport)
- Executive Chairman - WestNet Rail
- Executive Chairman - International Energy Group (UK's 2nd largest independent gas utility)
- Non-Executive Director - Port of Brisbane Pty Ltd
- Non-Executive Director - Infrastructure Partnerships Australia
- Non-Executive Director - The Australian Infrastructure Fund
Mr Boulton will assist the Board deliver a low cost infrastructure strategy in the initial stages of production at Groundhog. Longer term he will help the Company navigate a range of off-balance sheet options to infrastructure expansion funding (rail, port, power), which would be required to facilitate a multi-mine strategy. It is Atrum's vision to become the world's largest high grade and ultrahigh grade anthracite producer.
About Atrum Coal NL:
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is an emerging metallurgical coal explorer and developer.
The Company has a substantial coal position in British Columbia which, as a region boasts:
- Abundance of high quality PCI, coking and anthracite coals
- Well developed rail and port infrastructure with excess capacity
- Access to deep sea ports
- Competitive shipping distance to Asia
- Positive government stance on mining
The Company is building a quality portfolio of metallurgical coal assets suited to the Asian export market and the Board of Directors have a strong track record in identifying and developing world class coal assets in Australia and abroad.
Contact:
Atrum Coal NL
T: +61-8-9388-3131
www.atrumcoal.com