Magontec Ltd (ASX: MGL) Share Price and News

Mr Andrews has a financial services background in investment management and investment banking. From 1996 to 2005 he was a Managing Director at UBS Investment Bank and responsible for global distribution of Australian and New Zealand Equity products. From 1989 to 1996 Mr Andrews was the Chief Investment Officer at LGT Investment Management in charge of the group's investment portfolios for the Australasian region. He is also Member of the Business Risk Committee.

Mr Li is the owner of Tianjin Keweier Metal Material Co Ltd (KWE (TJ)) in China. For more than 10 years, Mr Li has built a trading and manufacturing business that specializes in magnesium products. KWE (TJ) has facilities located in Hong Kong and Tianjin and experience of the global magnesium industry.

Mr Labuschagne is the Executive Chair of Aeris Resources Limited. Mr Labuschagne is a mining executive with a career spanning more than 30 years, primarily in the gold industry, and has held various executive roles in South Africa, PNG, Fiji and Australia for a number of gold companies, including Emperor Gold Mines, DRD Gold and AngloGold Ashanti. He is also Chair of the Business Risk Committee and member of the Finance and Compliance Committee.

Mr Kaye was admitted to legal practice in 1978 and employed as a solicitor at Allen, Allen & Hemsley Solicitors. Thereafter he pursued his legal career at the NSW Bar and was appointed Senior Counsel in 2003, practising in commercial law. He has been involved in an array of commercial matters both advisory and litigious in nature and served on several NSW Bar Association committees including the Professional Conduct Committee. In the conduct of his practice as a barrister, he has acted for many financial institutions and commercial enterprises, both public and private and given both legal and strategic advice. He is also Member of the Finance and Compliance Committee.

Mr Malhotra has background in Procurement, Supply Management, Strategy, Business Development and other functions. During his career spanning over 40 years, he has held executive roles at ABB, Bombardier Transportation, Adtranz and Continental with responsibility for projects and operations in Europe, Asia and Australia. For over 10 years till October 2013, Mr Malhotra was the Head of Purchasing and a Member of the Group Management at Georg Fischer Automotive Group, Schaffhausen, Switzerland, a global supplier of cast metal (including magnesium) parts with an annual turnover of approximately 1,200m Euro and 11 production units located in Europe and China. He is Chair of Finance and Compliance Committee, member of the Business Risk Committee.

Mr Xing Cai Li is General Manager of Qinghai Huixin Asset Management Co Ltd (QHAM), the owner of Qinghai Salt Lake Magnesium Co Ltd (QSLM), which operates the Qinghai electrolytic magnesium smelter complex in which Magontec's Magnesium Alloy Cast House is based. Mr Li has held previous positions as the Deputy Director of Finance at the Shanghai and Hong Kong listed Aluminium Corporation of China (Chalco), one of the producers of alumina and aluminium. Prior to that Mr Li was Vice President at Western Mining Co Ltd, responsible for overall financial management, fund raising and investment management as well as being secretary to the Board.

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