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Metro Mining director Dongping Wang retires from the company’s board

Alternate director Xiaoming Yuan has stepped up to the non-executive director role.
Boardroom seats
Metro is on track to meet bauxite production and shipping guidance for 2018

Metro Mining Ltd (ASX:MMI) director Dongping Wang has retired from the company’s board after eight years of service with Xiaoming Yuan appointed in his place.

Wang was originally appointed to the board in 2010 as a representative of DADI Engineering Development Group, China’s largest coal industry engineering group.

Alternate steps up to role

Yuan, who lives in Australia, has stepped up to the role after serving as Wang’s alternate non-executive director.

Metro chairman Stephen Everett said: “I would like to acknowledge Mr Dongping Wang and DADI’s contribution to the board of both MetroCoal and Metro Mining over the past eight years.

“I value the long association Metro has had with Mr Wang and wish him all the very best in his future endeavours.

“DADI valued supporters”

“DADI have been long and valued supporters of Metro and I welcome Mr Yuan to the Metro Mining board as a non-executive director.

“Mr Yuan has performed the role of alternate director proficiently for Mr Wang since 2014 and I support and endorse his move to non-executive director.”

READ: Metro Mining’s Bauxite Hills Mine on track to reach targeted operating rates

Metro’s Bauxite Hills Mine in Far North Queensland is achieving consistent production results on a daily basis and is on track to meet production and shipping guidance for 2018.

The company aims to produce 1.965 million to 2.075 million wet metric tonnes (wmt) of bauxite for the year.

In June mining rates averaged 8,167 wmt per day and the trend in ship loading rates continues to rise with the last ship that month loading in just 7.1 days.

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Metro Mining Ltd Timeline

Newswire
June 18 2018

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