Appoints Experienced VP Coal Marketing Specialist
Perth, June 2, 2014 AEST (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (
ASX:ATU) (ATRCF:OTCMKTS) is pleased to announce the appointment of Mr Peter Doyle to the executive team as VP - Marketing & Business Development.
Commenting on the appointment, Chairman Mr James Chisholm stated:
"We are pleased to welcome Peter to the team. He has an exceptional understanding of the Asian steel markets and high grade anthracite consumers. We look forward to his contribution to Atrum as we transition from explorer to producer this year"
Mr Peter Doyle BSc. (Geology) MBA has spent 20 years in the international coal industry specializing in operations, marketing and offtake. He started his career as a coal quality technician at the Australian Coal Industry Research Laboratories. Later moving into operations as senior mine geologist at the Liddell open cut colliery in NSW for seven years followed by three years at Xstrata Coal. He spent five years at Barlow Jonker (now Wood Mackenzie) as a coal marketing specialist where served as Head of European Coal stationed in Sydney, London and Beijing.
Mr Doyle was formerly Director of the Wiggins Island Coal Export Terminal and a Director (Alternate) of ATEC Rail Group.
About Atrum Coal Limited
Atrum Coal Limited (ASX:ATU) is a metallurgical coal developer. The Company flagship asset is the 100%-owned Elan Hard Coking Coal Project in southern Alberta, Canada. Elan hosts large-scale, shallow, thick, hard coking coal (HCC) deposits with a current JORC Resource Estimate of 298 Mt (70 Mt Indicated and 228 Mt Inferred). Comprehensive quality testing of Elan South coal on samples from the 2018 exploration program, combined with review of substantial historical testwork data for the broader Elan Project, has confirmed Tier 1 HCC quality.
The initial focus for development is the Elan South area, which is located approximately 13 km from an existing rail line with significant excess capacity, providing direct rail access to export terminals in Vancouver and Prince Rupert. Elan South shares its southern boundary with Riversdale Resources Grassy Mountain Project, which is in the final permitting stage for a 4.5 Mtpa open-cut HCC operation. Around 30km to the west, Teck Resources operates five mines (the Elk Valley complex) producing approximately 25 Mtpa of premium HCC for the seaborne market.
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