The board of Chinalco Yunnan Copper Resources Limited announced the appointment of Mr. Paul Williams as the new Managing Director, effective early March 2013, following the retirement of Mr. Jason Beckton from that role in late 2012. Mr. Williams joins CYU having spent the past few years working in the Coal Division of Mitsui & Co. Ltd. acting in a commercial as well as a legal counsel role in respect of Mitsui's existing Australian coal joint venture interests and worldwide coal business development initiatives.

Prior to that, Mr. Williams spent 17 years as a commercial lawyer with Brisbane legal firm Hopgood Ganim, and then 2 years as CEO of Eastern Corporation.