Metro Mining: Stephen Everett to step down, Douglas Ritchie to be appointed as new Chairman

The Australian exploration and mining company based in Brisbane, Queensland, Metro Mining Limited with its flagship project, the Bauxite Hills Mine is restructuring its boards, which includes the appointment of Douglas Ritchie and Simon Wensley as non-executive directors.

Following the accomplishment of Metro Mining’s annual general meeting (AGM) on 25^th May 2021, these decisions will come into effect.

In further addition, Stephen Everett will step down as the Chairman after the AGM and Douglas Ritchie will be appointed as the new Chairman. However, Everett will sit on the board as a non-executive director.

The restructuring and the appointments will notably enhance the experience and skill set available to the organisation towards successfully managing and growing its bauxite business.

Stephen Everett, the Chairman, said: “After nine years as chairman of Metro Mining, I feel the timing is right to transition over the role of chair to Doug as the company embarks upon its next growth phase with the Stage 2 expansion.” 

“Doug and Simon, both have deep experience in not only the bauxite industry but also in the Chinese resources industry and in building relationships with consumers of Australian raw materials. 

“These are skills which will be critical to the long-term success of Metro.  I look forward to working with both individuals moving forward.”

Ritchie is carrying more than 40 years of experience in the resources industry and worked for Rio Tinto from 1986 to 2013 and was a member of Rio Tinto’s executive committee and the group executive responsible for China.

A fellow of the Australian Institute of Mining and Metallurgy, Ritchie is also a fellow of the Australian Institute of company directors and formerly a director of the Queensland Resources Council.

With more than 30 years of experience in the metals and mining business, Wensley has spent five years at Kobe Steel Ltd in Japan, 20 years with Rio Tinto, culminating in global senior management roles and is currently co-founder and director of MineVeritas Pty. Ltd., an advisor to investors in the resource industry.