Bauxite Resources Limited Appointment Of Two Alternate Directors
02.06.2011 | ABN Newswire
15:01 AEST June 2, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.Perth, Australia (ABN Newswire) - Bauxite Resources Limited (ASX: BAU) wishes to advise the appointment of two alternate directors, Mr Kevin Ernest Judge (as alternate for Mr Luke Atkins) and Mr Chenghai Yang (as alternate for Mr Ding Feng).
Mr Judge is the founding and senior partner of Judge Constable, a Chartered Accounting practice established in 1989. Mr Judge has extensive experience at board level on many ASX listed mining companies.
Mr Chenghai Yang is a senior executive with Shandong No.1 Institute of Geology & Minerals Exploration and is the Managing Director of their Australian subsidiary HD Mining and Investment Pty Ltd.
About Bauxite Resources Limited:
Bauxite Resources Limited (ASX: BAU) was launched in May 2006 to establish itself in the bauxite and alumina industries in Western Australia where four of the seven Australian alumina refineries and four of Australia's bauxite mines are located. It listed successfully on the ASX on 22 October 2007 after closing its A$7.5 million IPO early and oversubscribed, having previously raised approximately $1.3 million in seed capital. In February 2009 the Company raised a further $4.7 million on the uptake of its options issue.
The Company is the only ASX-listed bauxite explorer in the highly prospective Darling Range, and is the largest tenement holder in the Darling Range with approximately 15,000 square kilometres of prospective bauxite laterite ground. To put this into context this area is larger than East Timor and almost the size of Beijing Municipality.
The Darling Range is the largest bauxite mining and alumina producing region in the world. This area supplies approximately 18% of the world's alumina and is home to Alcoa's Huntly Mine, the largest producing bauxite mine in the world and Pinjara Refinery the second largest alumina refinery in the world. The Darling Range has three of the top five refineries in the world in terms of lowest operating costs.
Contact:
Paul Fromson
Chief Financial Officer / Company Secretary
Tel: +61-8-9200-6300
Email: pfromson@bauxiteresources.com.au