The Directors of Legacy Iron Ore Limited announced the appointment of Mr. Rakesh Gupta as Chief Executive Officer, with effect late January 2015. The appointment of Mr. Gupta follows a comprehensive executive search undertaken by the company. Mr. Gupta is an experienced mining engineer with a high level of engineering and project management skills acquired within both national and international settings and various commodities and sizes.

From 2011 to prior to joining the company, Mr. Gupta worked at BHP Billiton Iron Ore in mine planning, and has performed a key role in future mine strategic replacement projects and in the development of the life of asset plans for corporate alignment process, including being responsible for framing the case scenarios and development of the current and future iron ore mine plans.