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Lindian Resources appoints Shannon Green to the role of managing director

The company advises that current director Steve Formica has resigned from the board to pursue other business opportunities.

Boardroom table and chairs
The company is uniquely placed to capitalise on multiple markets with large-scale bauxite projects

Lindian Resources Ltd (ASX:LIN) has appointed experienced bauxite executive Shannon Green as managing director.

Green has more than 20 years of resource development and mining operations experience having managed several world-class resource project developments and mines including several of Australia’s largest iron ore mining operations.

READ: Lindian Resources set to expand bauxite portfolio with acquisition of two high-grade deposits

Lindian chairman Asimwe Kabunga said: “We are very fortunate to have secured someone of Shannon’s calibre, a highly experienced and respected industry professional who recently played a key role in the development of a world-class bauxite project in Africa.

“Shannon’s extensive mining experience and intimate knowledge of the bauxite market provides the skills and expertise needed to transition Lindian into a leader in the global bauxite space.

“Lindian has an exclusive option to acquire 75% interest in the Gauoal Bauxite Project in Guinea which we believe is an extremely attractive project in a world-class bauxite province.

“The company looks forward to leveraging Shannon’s in-country experience and expertise to extract maximum value for our shareholders from this opportunity.”

“We will be hitting the ground running”

Most recently Green was general manager of project implementation for Canyon Resources Ltd (ASX:CAY) where he played an instrumental role in the development of the high-grade Minim Martrap Bauxite Project in Cameroon.

Commenting on his appointment as managing director Green said: “I am looking forward to working closely with the Lindian team as we work hard to establish the company’s position as a key player in the global bauxite sector.

“One of the key points that appealed to me most about this opportunity is that Lindian has a number of competitive advantages at play that set it apart from most other bauxite operators, starting with two high-grade projects that provide enviable exposure to both the east and west coasts of Africa.

“We will be hitting the ground running in the coming weeks as we ramp-up exploration activities in both Guinea and Tanzania and I look forward to updating shareholders on our progress.”

Quick facts: Lindian Resources Ltd

Price: 0.019 AUD

ASX:LIN
Market: ASX
Market Cap: $11.06 m
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