Magnetite Mines Limited announced the appointment of Simon Wandke as Non-Executive Director, effective immediately. Mr. Wandke is a highly-accomplished C-suite leader, with extensive global iron ore leadership, strategy, value chain and commercial experience in major resource organisations. Most recently, Mr. Wandke was Executive Vice President and Chief Executive Officer of ArcelorMittal Mining.

During his tenure, Mr. Wandke played a key role in helping to drive the mining division forward to the next stage of its development as one of the largest global producers of iron ore, coking coal and other minerals. Mr. Wandke has over 40 years' experience in the mining and minerals industry, holding senior management, strategy and commercial positions internationally with a particular focus on the development of greenfield and brownfield projects, designing and implementing major change and effective commercial strategies, strategic marketing, risk management and ESG. Starting his career in 1981 at BHP Billiton, where he held a number of senior positions in Australia, Hong Kong and Indonesia and other commercial offices globally until 2002.

He then joined Destra Consulting Group as Partner before becoming Chief Marketing Officer for iron ore mining and processing company Ferrexpo plc in 2006 based in Hong Kong and Switzerland. Mr. Wandke is a graduate of the Australian Institute of Company Directors with a Diploma in Company Directorship. He also holds a Graduate Diploma in Corporate Finance from Swinburne University, Australia, as well as a B.A., Psych, Marketing (Comm) from the University of Melbourne, Australia.

Mr. Wandke is a citizen of the UK and Australia.