Owing to operational requirements, platinum group metals miner Wesizwe CEO and executive director Zhimin Li will step down from the position on May 4.
He will, however, remain with the company as deputy CEO.
Wang Honglie has been appointed to succeed Li as CEO and executive director, effective May 4.
With 34 years’ experience in the mining industry, Honglie holds a bachelor’s degree in engineering, with a major in mining and mechanical engineering.
He has served as Jinchuan Group Second Mine deputy mine manager, Jinchuan Group Machinery Factory (currently Jinchuan Group Machinery Manufacturing) head, Jinchuan Group Longshou Mine deputy mine manager, Jinchuan Group Equipment & Energy Division deputy GM and Jinchuan Group Mining Engineering Subsidiary deputy GM.
Honglie has extensive management experience and was involved in the Phase 2 construction of Jinchuan Group’s Second Mine, where he frequently participated in the model selection, procurement and commercial negotiation for critical equipment imported by the mine.
He also held critical senior management positions in key factories, mines and management departments of Jinchuan Group.
Wesizwe states that its board is satisfied Honglie has the necessary management experience, skills and qualifications to serve as its CEO.
The miner’s board also thanks Li for his “valuable contributions” to Wesizwe over the past five years and wishes him well in his new role within the company.