The founder of Western Australia logistics provider, Newhaul, has been appointed as a Non-Executive Director of fully integrated mining, logistics and haulage business Fenix Resources.
The appointment of Craig Mitchell is effective today, 1 September 2022.
Fenix Newhaul was an incorporated joint venture company established in May, 2019, to implement the strategic alliance between Fenix Resources and Mitchell.
Mitchell was subsequently appointed to the Board of Fenix in accordance with an agreement with Newhaul to consolidate 100 per cent ownership of the company’s haulage company, Fenix-Newhaul, as announced on the ASX on 21 June 2022.
In addition to founding Newhaul, Mitchell was the founder of Mitchell Corp in 1997.
Mitchell Corp grew to be one of Australia’s largest bulk haulage businesses operating in four states and servicing some of Australia’s largest energy and mining businesses, before its sale to Toll Group in 2011.
Mitchell, according to a release issued by Fenix Resources, has a proven track record of positive engagement with local communities through many successful community initiatives.
Regarded as a proven innovator, Mitchell is a former Ernst and Young Western Australian Young Entrepreneur of the Year.
Fenix Chairman, John Welborn said in a statement that the Fenix team will be greatly enhanced by the addition of Mitchell.
“Craig Mitchell is Fenix’s largest shareholder and has direct and comprehensive experience in relevant logistics operations and in building successful companies,” he said.
“I look forward to working with Craig to build on Fenix’s success and grow the Company to add value for shareholders,” said Welborn.
Experienced finance executive, Stuart Ausmeier, was also appointed as Chief Financial Officer of the Company
“I am delighted we have filled the important role of Chief Financial Officer with a finance executive of Stuart’s calibre and experience,” commented Welborn.
“Stuart’s demonstrated capabilities in the resources sector are a perfect match for the opportunity at Fenix to build on the Company’s excellent financial platform as we explore further opportunities for value creation.”
Fenix is fast proving itself as an innovator in iron ore transportation with its expanding roadtrain fleet operating out of the Pilbara.