MRL Corporation (ASX:MRF) has appointed Joel Chong as a non-executive director as it continues to advance its portfolio of high grade graphite projects in Sri Lanka.
Chong has provided engineering and sustainability consultancy services to numerous Australian resources companies with projects in Australia, Asia and Indonesia.
He has also assisted small and mid‐cap resource companies doing business with Asian companies, especially in China, by using his networks in the resources industries throughout Singapore, Hong Kong, China and North America.
“The combination of Joel’s engineering experience and his network of contacts in the region will be immensely helpful to MRL as we begin bulk sampling and prepare for commercial graphite production.” managing director Craig McGuckin said.
Peter Reilly has stepped down as both chairman and non-executive director of the company.
MRL had earlier this month raised $1.1 million through a placement of 16.4 million shares at $0.07 each to sophisticated investors.
Funds will be allocated to the pivotal bulk sampling program at its high-grade Warakapola graphite project in Sri Lanka. Sampling is planned to commence in the December quarter 2014.
The company’s goal is to accelerate the start of commercial production of extremely high-grade graphite from the project.
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