VHM Limited (ASX: VHM) has appointed three new directors, Mr Ian Smith, Mr Ron Douglas, and Ms Maree Arnason to its board of directors.
The company has stated that all three members bring a strong history of resource project development and operational experience that will add crucial oversight capability as VHM enters the next stage of development for its Goschen rare earths and minerals sands project.
The company believes that the operational knowledge that the new directors bring to the table will be invaluable to guide the executive team through the build, commissioning and operation phases required to produce and sell rare earth mineral products from Goschen. Mr Ian Smith has an extensive background as a managing director of major resources companies and as a consultant to the industry.
Mr Smith brings highly relevant development and operational experience to the board. While at Newcrest he oversaw a significant expansion of the business which drove a large increase in shareholder value. Mr Smith will commence as a non-executive director of the board immediately.
Mr Douglas’ extensive experience in roles with both mining and engineering/construction companies has meaningfully added value through his project development experience and facilitations of successful corporate transactions. Mr Douglas will commence as a non-executive director of the board immediately.
Ms Maree Arnason, FAICD is a highly regarded director and senior executive with 35 years’ experience in natural resources, energy, and manufacturing and has worked across commodities including iron ore, gold, copper, timber, coal, mineral sands, and natural gas. Ms Arnason has expertise in the areas of governance, corporate affairs, risk, and sustainability from exploration to full production environments and will commence as a non-executive director of the board immediately.
To read more about this release, please visit www.vhmltd.com
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