New Millennium Iron Corp. announced that Mr. Hemant Nerurkar, formerly Managing Director of Tata Steel Limited, recently resigned as a director of the Corporation. Mr. Nerurkar retired from Tata Steel on October 31, 2013.

Mr. Koushik Chatterjee has been appointed to the NML Board as successor to Mr. Nerurkar. He was appointed as Group Executive Director - Finance and Corporate, including responsibility for the Global Minerals business of Tata Steel, effective November 1, 2013, after a series of increasing responsibilities in the Tata organization.