🕐14.12.10 - 05:27 Uhr
Arafura Appoints Chris Tonkin as Non-Executive Director
MEDIA RELEASE
ASX: ARU
14 December 2010
Arafura Appoints Chris Tonkin as Non-Executive Director
Emerging Australian rare earths producer, Arafura resources Limited (ASX:
ARU) ("Arafura" or "the Company") is please to announce the appointment of
Mr Chris Tonkin as a Non-executive Director of the Company with effect 1
January 2011.
Mr.
Tonkin has been closely involved in the financing, business analysis
and development of many major projects in Australia and internationally
over the last 20 years and is recognised throughout a wide industry
network.
he began his career as a metallurgist and environmental engineer,
prior to undertaking a range of corporate advisory assignments for AIDC,
Chase Manhattan Bank and KPMG.
In 1994, Mr.
Tonkin joined the ANZ Banking Group Limited in the Project and
Structured Finance business.
His most recent role was Executive Director
and Head of Natural Resources in ANZs Project and Structured Finance
Group.
Under Mr.
Tonkins direction and management the business became the
most successful natural resources fiance business in Australasia.
By
syndicating funds globally, ANZ were positioned as a preferred financier
for complex resources transactions throughout Australia, Asia and the
Pacific.
Mr.
Tonkins holds a Bachelor of Science (Honours) degree in Metallurgy
and Chemistry, a Bachelor of Arts degree in Economics and Politics, and a
Master of Business Administration.
He is a member of the Finance and
Treasury Association Limited, the Melbourne University Business School
Association, and is a Graduate of the Australian Institute of Company
Directors.
Arafura Chairman Mr.
Ian Laurance said, "The Board is delighted to have Mr.
Tonkin join Arafura.
His appointment re-affirms my comments at the
Companys AGM that the Board will continue to look for suitably qualified
and dedicated directors with complementary skills to strengthen the Board
as appropriate and ensure seamless transitions."
"Mr.
Tonkins appointment is especially important at this critical time of
Arafuras development as it seeks funding in the order of $1 billion in
project financing over the next 12 months.
We are delighted that Mr.
Tonkin has accepted our offer."
Mr.
Tonkin will also serve as a member of Arafuras Audit and Risk
Committee, further enhancing the skills for this important Board
committee.
For more information contact:
Steve Ward
Managing Director
Arafura Resources Limited
T: +61 (8) 6210 7666
Felicity Nuttall
Professional Public Relations
T: +61 (8) 9388 0944
M: +61 (0)430 184 599
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