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Macarthur Minerals (ASX:MIO) appoints new Int. Sales & Marketing General Manager

Mining
ASX:MIO      MCAP $12.90M
05 August 2020 10:00 (AEST)
Macarthur Minerals (ASX:MIO) - General Manager, International Sales and Marketing, Jonghyun (Richard) Moon (centre)

Source: Macarthur Minerals

Exploration company Macarthur Minerals (MIO) has appointed Jonghyun (Richard) Moon as its new General Manager, International Sales & Marketing.

He’ll begin immediately and bring more than 20 years worth of experience to the role, having previously worked in executive positions at Glencore International, POSCO and Hyundai Steel Company of Australia.

Moon also has experience working in international iron ore and commodities sales, as well as marketing and mining investment.

“It’s a great honour for me to join in Macarthur Minerals and I will try my best to contribute to Macarthur Minerals’ continuous growth and development,” he said.

Following his appointment, the new GM said his top priority will be to identify and develop opportunities for strategic partners to potentially invest in the company’s Lake Giles Iron Project.

The Lake Giles project includes the Ularring hematite resource, which is approved for development, and the Moonshine magnetite resource.

Macarthur Minerals President and Executive Chairman, Cameron McCall, said it’s a crucial time for the company.

“Richard joins us at a crucial time in our growth cycle as we progress the Lake Giles Iron Project towards production,” he said.

“We are delighted to have Richard join the Macarthur team as he brings a unique perspective through his extensive global experience in the steel industry,” he added.

Shares in Macarthur are grey at market open, trading for an even 25 cents per share at 10:04 am AEST.

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