Peninsula Mines appoints new managing director with Korean experience
Sunday, 13 January 2019 Peninsula Mines Ltd (ASX:PSM) has made two board appointments in Richard Henning as managing director and Young Yu as non-executive director. Henning will replace Jon Dugdale and Yu will replacement Martin Pyle, both Dugdale and Pyle will retire effective immediately. Henning and Yu both bring previous business experience in Korea to the company’s board. Board bolstered by enhanced Korean experience Henning was previously a business manager at Extract Resources and managing director at Stonehenge Metals Ltd (ASX:SHE). Yu is the current chairman of the Australia Korea Business Council of Western Australia and the National Leader of the Korean Services Group at Deloitte Australia. Between 2004 and 2012, Yu represented both state and federal Australian governments in Korea as Commissioner of the WA Government and Trade Commissioner of the Commonwealth of Australia. READ: Peninsula Mines signs graphite MOU with Korean lithium-ion battery anode supplier Earlier this month, Peninsula signed its first memorandum of understanding (MOU) with key Korean lithium-ion battery materials manufacturer Tera Technos Co Ltd. The MOU involves initial testing of graphite concentrate samples from Peninsula’s flagship Gapyeong Graphite Project, and possibly the Eunha Graphite Project, both in South Korea. READ: Peninsula Mines intersects high-grade flake graphite in Gapyeong drilling
The United States and North Korea plan to hold high-level talks in Washington as soon as this week to discuss a second summit of their leaders, following a prolonged stalemate in nuclear talks, South Korean media said on Tuesday. Ed Giles reports.
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