China Magnesium Corporation Limited advises that Mr. Tom Blackhurst has retired as a director of the company. Mr. Blackhurst co-founded the Company in May 2007 with Messrs. Xinping Liang, Ming Li and Guicheng Jia. He was Managing Director until January 2019 and was the lead figure in its formation, ASX listing in 2010 and the development of the Company's operations and business interests in China, including the company's magnesium and lithium alloy operations in Pingyao. He leaves the company in a solid asset and business position from which the Company plans to pursue its business interests.