EDITOR: | January 22nd, 2013

Arafura appoints Terry Grose as Non-Executive Director

| January 22, 2013 | No Comments
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Arafura-ResourcesJanuary 22, 2013 (Source: Arafura Resources) — Australian rare earths company Arafura Resources Limited (ASX: ARU) is pleased to announce the appointment of Mr Terence (Terry) Grose (B.Ec, MBA) as a Non-Executive Director of the Company with effect from 21 January 2013.

Terry has a strong commercial background gained over 30 years as a senior business executive, consultant and director, in Australia and internationally. He spent a number of years in merchant banking before joining Wesfarmers Limited in 1985 as its first business development manager. During the ensuing decade he held various senior management positions in Wesfarmers’ corporate office, its fertiliser & chemicals division and its coal mining division. He was also the General Manager of International Business Development for a number of years.

In 1996 Terry moved to Hong Kong as CFO and Executive Director of an innovative computer software company with operations in Hong Kong and Japan. Three years later he played a key role in negotiating the sale of the business and then established his own business, Grose International, a commercial and financial consultancy with clients throughout Asia.

Since returning to Australia in 2008 he has worked as a consultant specialising in strategic planning and financial management and as a director of a number of companies.

Terry is a Fellow of the Australian Institute of Company Directors and is currently a director of Yirra Yaakin Aboriginal Corporation, Martu People Limited and Central Desert Native Title Services Limited.

Arafura Chairman Mr Ian Kowalick said, “The Board is delighted to have Terry join Arafura at this exciting time. The addition to our Board of such a high calibre person is timely and we look forward to Mr Grose’s contribution to Arafura and the Nolans Project during this very important phase for the Company”.


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