ARH Appoints New CEO
Mr Zhenya (Dio) Wang, takes the reins as CEO.
Australian iron ore exploration and development company Australasian Resources Ltd (Australasian or ARH) is pleased to announce the appointment of Mr Dio Wang to the position of Chief Executive Officer. Mr Wang’s appointment to the position is effective immediately.
Mr Wang is a Civil Engineer with a Postgraduate Diploma in Planning and Design (Urban Planning) and Master of Engineering Structures. He arrived in Australia in 2003 and studied at the University of Melbourne, subsequently becoming an Australian citizen in May 2009.
Mr Wang has been employed with Australasian since 2006 and during this time he has been involved in the successful completion of the Feasibility Study of the Balmoral South Iron Ore Project working as part of the project team. In the position of Chief Executive Officer, Mr Wang will provide technical and project direction along with peer support and leadership towards the search for strategic partner assisting the development of the Company’s projects, primarily its flagship Balmoral South Iron Ore Project, in the Pilbara region of Western Australia.
Mr Wang has already been an integral participant in negotiations with a number of potential Chinese partners since 2006. His elevation to CEO in part strengthens the Company’s strategy to progress the finalisation of financing of the Balmoral South Iron Ore Project with particular emphasis on Chinese partners, in conjunction with the progression of discussions and negotiations with other potential strategic partners.
The Company welcomes Dio Wang to the position of Chief Executive Officer and believes this appointment enhances Australasian’s management expertise as it continues to develop and seek long term partners for the Balmoral South Iron Ore Project. Yours faithfully Domenic Martino Chairman.
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