- Mayur Resources (MRL) has appointed Richard Seville as chair of its iron and industrial sands business, Mayur Iron
- For more than 35 years, Richard has worked across a range of industries throughout Asia, South America and Africa
- Most recently, he was Managing Director of Orocobre (ORE), where he led the company from its listing to an ASX200 company
- As chair of Mayur Iron, Richard will be joining CEO Simon Slesarewich as the company moves towards a standalone listing
- Shares in Mayur are steady on the market and are trading at 22.5 cents
Mayur Resources (MRL) has appointed Richard Seville as chair of its iron and industrial sands business, Mayur Iron.
For more than 35 years, Richard has worked across a range of industries throughout Asia, South America and Africa.
Most recently, he was Managing Director of Orocobre (ORE), where he led the company from its listing to an ASX200 company.
At Orocobre he secured Toyota Tsusho Corporation as an equity partner and oversaw the development of the Olaroz lithium project in Argentina.
“Mr Seville’s appointment is another major step in the company’s disaggregation strategy,” Managing Director Paul Mulder said.
“Mr Seville’s breadth of experience across all facets of the resources industry will be invaluable as we rebrand Mayur Iron and prepare it for an appropriate exchange,” he added.
As chair of Mayur Iron, Richard will be joining CEO Simon Slesarewich as the company moves towards a standalone listing.
“I’m looking forward to the opportunity of teaming up with Simon in delivering the Orokolo Bay Iron Sands development which is a relatively simple project with a compelling capital and operating cost profile that has been overlooked in the current strong iron ore pricing environment,” Richard commented.
Shares in Mayur are steady on the market and are trading at 22.5 cents at 12:18 pm AEST.