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Unread 02-03-2015, 07:50 AM
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Northern Iron names Hassan chairman


2015-02-03 04:07 MT - News Release


Mr. Basil Botha reports

NORTHERN IRON APPOINTS ALBERTO HASSAN AS CHAIRMAN OF THE BOARD OF DIRECTORS

Northern Iron Corp. has appointed Alberto Hassan as chairman of the board of directors.

Mr. Hassan has 45 years of experience in the steel and automotive industry. Mr. Hassan was instrumental in the development of the hot briquetted iron industry in Venezuela, as well as the Finmet process technology. He served as the president and chief executive officer of Orinoco Iron, responsible for the largest HBI complex in the world, and has held various other positions such as executive director of Venprecar, project director of an HBI and steel mill, general manager of Fior of Venezuela, chairman of the Copal Palua Port and plant manager of General Motors of Venezuela. In 1998, Mr. Hassan founded the HBI Association, the international trade association for HBI, and served as the chairman of the association until its merger with International Pig Iron Association to form the International Iron Metallics Association, where he is currently serving as a special adviser on direct reduction.

Basil Botha, president and chief executive officer, stated: "Alberto Hassan is often described as the 'father of the Venezuelan HBI industry,' however, Alberto's experience goes way beyond that. He has been instrumental in the development of the virgin metallics industry worldwide. Alberto has played a major role in the development of HBI technology by planning, constructing and developing the largest HBI complex in the world and his expertise as an HBI consultant is sought-after by HBI producers around the world. In addition, he is a tireless promoter of HBI worldwide through his role in the IIMA. Alberto's appointment is the next critical step in our commitment to strengthening our board with experienced and talented directors who have the profile and experience to help us achieve our strategic goals more rapidly. Alberto will play a key role in Northern's planned production of HBI."

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