Grange Resources Limited announced the appointment of Chongtao Xu to the Board of Directors, effective immediately. Mr. Xu specialises in investment of upstream and downstream processes for steel producers.
Mr. Xu is a former head of steel merger & acquisition division of Shagang Investment Holding Co Ltd. Mr. Xu has extensive management experience in numerous private equity projects. Mr. Xu managed a portfolio with the marketable value of over AUD 4 billion. Mr. Xu has an MSc of materials for energy and environment from the University College London.