MMG Limited announced that Mr. Gao Xiaoyu (Geoffrey) (Mr Gao) has tendered his resignation as the Chief Executive Officer of the Company with effect from 5 January 2022 to return to a role with China Minmetals Corporation (CMC) in Beijing. The Board also announced that Mr. Li Liangang (Mr Li) has been appointed as the Interim CEO of the Company, with effect from 5 January 2022. Mr. Li, aged 57, has served on the Executive Committee of the Company since January 2020 in his capacity as the Executive General Manager ­ Commercial.

His present role title is Executive General Manager ­ Australia and Commercial with responsibilities for the Dugald River and Rosebery operations and Australia support functions and also Supply and Marketing. Li Liangang was a Vice President of China Minmetals Non-ferrous Metals Company Limited (CMN) in Beijing, leading several global trading departments from 2016 to 2018. Mr. Li was the President and CEO of Minmetals Inc. (L.A.) from 2018 to 2019.