Mineral Resources : Non-executive Director Appointment

Peter Wade

Non-executive Chairman

Peter has extensive experience in engineering, construction, project management as well as mining and infrastructure services. He started his career with the NSW Public Service, managing the construction of significant infrastructure projects in NSW including the Port Kembla coal loader and the grain terminals at Newcastle and Wollongong. Peter was also the Deputy Director for the Darling Harbour Redevelopment construction project.

Following his period of employment with the NSW Public Service, Peter joined the executive team of Transfield Group. Throughout the 1980s and 1990s he was General Manager of Sabemo Pty Ltd, Transfield Construction Pty Ltd, Transfield Power Technologies, and was subsequently appointed the Transfield Chief Operations Officer (Southern). During this period he was responsible for significant build, own and operate projects including the Melbourne City Link, the Airport Link, the Northside Storage Tunnel and the Collinsville and Smithfield Power Plants.

Peter became Managing Director of Crushing Services International Pty Ltd and PIHA Pty Ltd in 1999 and subsequently Process Minerals International Pty Ltd in 2002 (now wholly owned subsidiary companies of Mineral Resources Limited). Peter managed the companies through a sustained period of growth and development prior to the formation and listing of MRL in 2006, at which time he was appointed Managing Director of the MRL and subsequently appointed Executive Chairman.

Chris Ellison

Managing Director

Chris is the founding shareholder of each of the three original subsidiary companies that comprises Mineral Resources Limited (Crushing Services International Pty Ltd, PIHA Pty Ltd and Process Minerals International Pty Ltd) and has extensive experience in the mining contracting, engineering and resource processing industries.

In 1979, Chris founded Karratha Rigging and was Managing Director until its acquisition by Walter Wright Industries in 1982. He was subsequently appointed as the General Manager of Walter Wright Industries for the Western Australia, NSW and Northern Territory regions.

In 1986 he founded Genco Ltd and following two years of considerable growth, Genco Ltd merged with the Monadelphous Group in 1988.

In September 1988 Receivers and Managers were appointed to the Monadelphous Group. At this time, Chris was appointed the Managing Director and under his careful management, the group successfully traded out of its financial difficulties and eventually relisted on the ASX in late 1989.

In 1992 Chris founded PIHA Pty Ltd, a company focussed on the provision of specialised pipe lining and general infrastructure to the resources sector. Over the next three years through his work with PIHA Pty Ltd, he identified a real opportunity within the mining industry to satisfy the need for specialised contract crushing services, leading to the founding of Crushing Services International Pty Ltd. Subsequently, Chris and his business partners within PIHA and Crushing Services International founded the mineral processing arm of Mineral Resources Limited, Process Minerals International Pty Ltd.

Kelvin Flynn

Non-executive Director

Kelvin is a qualified Chartered Accountant with extensive investment, banking and corporate advisory experience including private equity and special situations investments into the mining and resources sector.

Kelvin has held various leadership positions in Australia and Asia having previously held the position of Executive Director / Vice President with Goldman Sachs and Managing Director of Alvarez & Marsal in Asia. He has also worked in complex financial workouts, turnaround advisory and interim management.

Kelvin is the founder and Managing Director of Sirona Capital. He is also a Director of privately held Global Advanced Metals, Flinders Dairy Group and ASX listed Silver Lake Resources Limited.

James McClements

Lead Independent Non-executive Director

James has an honours degree in Economics from the University of Western Australia and 30 years' experience as a natural resources sector banker in Australia, Canada and the USA.

James began his professional career with BHP Limited before joining Standard Chartered Bank in Perth, N.M. Rothschild & Sons in Sydney then Denver. He also spent 11 years in the USA and co-founded Resource Capital Funds during that time.

James is currently the Managing Partner of Resource Capital Funds. He is also the Chairman of Global Advanced Metals Pty Ltd, the world's leading tantalum producer, and a Non-executive Director of Ascot Resources Ltd.

Tim Roberts

Independent Non-executive Director

Tim Roberts played a key role in the transformation of Multiplex, one of the nation's largest privately owned companies, from a construction contractor into a broadly based property group with operations spanning property development and investment, facilities management, and property funds management.

He was also an executive director of Multiplex Group from 2003 until 2007, when the Roberts Family sold its remaining interests in Multiplex to Brookfield Asset Management Inc.

Since 2007, Tim, through his family office, has established a private investment group that is significant and diverse, both domestically and internationally, with interests in private and listed equities, hedge funds, infrastructure, property, aviation and fishing and aquaculture.

Tim is currently a board member of Burswood Limited, the wholly owned subsidiary of Crown Resorts Limited, the owner and operator of Crown Casino and Hotels in Western Australia; a Board Member of the Perth Symphony Orchestra; a member of the Board of Trustees of the Telethon Institute; and Patron of the North Cottesloe Surf Lifesaving Club.

Xi Xi

Independent Non-executive Director

Xi Xi has extensive experience in the global natural resources sector having served as a director of Sailing Capital, a US$2 billion private equity fund founded by the Shanghai International Group in 2012. She has worked with numerous Chinese state owned and privately owned enterprises, advising on international acquisitions and investments overseas.

She previously served as an analyst and portfolio manager for the Tigris Financial Group in New York, focused in the oil and gas and mining sector. Xi Xi currently serves as a non-executive director of Zeta Resources, a closed-end investment company with a broad portfolio of oil and gas, as well as mining assets and is currently a director of Galaxy Resources Limited.

Xi Xi has an MA in International Relations (China Studies & International Finance) from Johns Hopkins University, and holds a double BS in Chemical Engineering & Petroleum Refining, as well as Economics, from the Colorado School of Mines.

Bruce Goulds

Company Secretary & Chief Financial Officer

Bruce has extensive finance and commercial experience in both listed and unlisted corporations, holding senior corporate management roles in Australian and overseas companies in the mining services, engineering and mining equipment industries, that service the Australasian mining and mineral processing sector.

Bruce is a Fellow CPA, a Fellow of the Institute of Chartered Secretaries and a Member of the Australian Institute of Company Directors.