Advises Change of Directors with the Appointment of Mr Cunliang Lai
Perth, Mar 7, 2014 AEST (ABN Newswire) - Bauxite Resources Limited (
ASX:BAU) advises the following changes to its Board of Directors with the appointment of Mr Cunliang Lai as non-executive director replacing Mr Zhan Qingwei as the representative from the Company's substantial shareholder, Yankuang Group Corporation (Yankuang).
Mr Cunliang Lai is a senior engineer, a researcher in engineering technology application with a Doctorate in Engineering and an Executive Masters in Business Administration. He has been named as one of China National's Top-Ten Coal Mine Managers, China National Coal Industry's Top-100 Achievers and a Shandong Provincial Youth-and-Middle-Aged Specialist for Outstanding Contributions.
Mr Lai has more than 20 years of experience in coal mine management and holds the position of Deputy General Manager of Yanzhou Coal Mining Company Limited and is a Director of the Australian ASX Listed Yancoal Australia Ltd. He is a graduate of Nankai University and Coal Science Research Institute.
The Board thanks Mr Qingwei for his contribution to the Company and wish him well for the future.
View the release, please visit:
http://media.abnnewswire.net/media/en/docs/76728-ASX-BAU-670090.pdf
About Bauxite Resources Limited
Bauxite Resources (ASX:BAU) (OTCMKTS:BXRDF) was established with a substantial tenement holding in Western Australia to develop new bauxite supply for the global alumina/aluminium industry. The Company listed on the Australian Securities Exchange (ASX) in October 2007.
The Darling Range in the south-west of Western Australia (WA) is the world's largest bauxite mining and alumina refining region producing around 20% of the world's alumina. This area has mined bauxite and refined alumina since the 1960s. These industries are leaders in sustainable resource development and represent the fifth largest sector of WA's resource industry.
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