Saturday, 29 Oct 2011
Brazilian mining giant Vale has appointed a new boss for its coal division to be based in Brisbane.
Mr Mauro Neves replaces fellow Brazilian national Mr Decio Amaral whose resignation was suddenly announced in August after nearly two years in the job.
Mr Amaral spoke of a desire to make Vale one of the four largest coal players in Australia through the 10,000 square kilometres of coal tenements it owns in Queensland's Galilee and Bowen basins.
He has quit Vale and is moving back to Brazil.
Mr Neves was Vale's director of planning, development and continuous improvement and will move to Australia from Brazil.
Vale said in a statement that he came to the role with a mandate to oversee the growth of Vale global coal business and existing operations in Australia, Mozambique and Colombia.
The company wants to be Australia's fourth-biggest coal producer by 2021.
(sourced smh.com.au)
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