PERTH (miningweekly.com) – Mineral sands producer Iluka Resources on Tuesday announced a leadership transition during the second half of 2016, with MD and CEO David Robb expected to step down.
Iluka chairperson Greg Martin noted that given Iluka’s growth in the recent past, 2016 was viewed as an "appropriate time" for a leadership transition, with consideration being given to internal and external candidates.
“Iluka has been transformed under Robb’s ten-year leadership and is very well placed financially at present with no debt, significant funding capacity and positive cash flows supporting investment and shareholder return.
“Robb’s tenure has also seen major achievements in project execution, mineral sands marketing, workforce diversity and engagement in corporate sustainability practices,” Martin said.
“The company is now entering another decision-making phase associated with a number of major investments, some of which will be delivered in 2017 and beyond.”
Edited by: Creamer Media Reporter
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