Wednesday, September 28, 2011

Sherwin Iron appoints new Chairman

Well-known Territorian Barry Coulter has been appointed Chairman of Sherwin Iron Limited (ASX: SHD) effective 1 October 2011.

Mr Coulter, a former NT Cabinet Minister who has lived in the Northern Territory for 35 years, replaces Mr Terence Smith, who is retiring after five years as Chairman.

Mr Coulter was appointed to the Board of Sherwin in July this year and will oversee the relocation of the Sherwin head office from Perth to Darwin as the Roper River Iron Ore Project moves closer to production.

Mr Coulter has been a Chairman of public, private and government corporations including AirNorth, International All Sports and Darwin Port Corporation.

He was a member of the Northern Territory Parliament for 16 years and served as Deputy Chief Minister,
Treasurer and Minister for Mines and Energy. He spearheaded the Darwin to Adelaide railway project for 13 years.

Mr Coulter thanked Mr Smith for his contribution to the company, saying his leadership had seen Sherwin Iron develop the Roper River Iron Ore Project to potentially become a world-class development.

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