Mr Cornelius is the current Executive Chairman of Danakali Limited, a role he has held since July 2013. Over that time, he led the advancement of Danakali’s 50% interest in the Colluli Potash Project in Eritrea including the completion of progressive feasibility studies, environmental impact assessments and regulatory approvals, to its eventual sale to Sichuan Road and Bridge Group Co Ltd in early 2023 for US$166 million in total cash consideration.
Mr Cornelius is a corporate lawyer and former partner of one of Australia’s leading international law firms. He brings legal and commercial experience in the execution of cross-border transactions, particularly in the resources and finance sectors.
Mr Cornelius is currently also the Non-Executive Chairman of Buxton Resources Limited, Element 25 Limited, Duketon Mining Limited and he is a Non-Executive Director of First Tin PLC.
Commenting on the appointment, South Harz Non-Executive Chairman, Ian Farmer, said: “I am delighted to welcome Seamus to the South Harz team. His commercial expertise and proven track record in stewarding resource development assets through to successful value realisation will be valuable as we continue to advance our world-class Ohmgebirge Potash Development in central Germany.”
Read the article online at: https://www.worldfertilizer.com/potash/16082023/south-harz-potash-limited-announces-new-non-executive-director/
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