Valence Industries Ltd. Appointment of Chief Operating Officer

Adelaide, Australia (ABN Newswire) - Valence Industries (ASX:VXL) is pleased to announce the appointment of experienced industry executive Robert Mencel as Chief Operating Officer (COO). Mr Mencel joined Valence Industries on 17 August 2015 and will work closely alongside CEO & Managing Director, Christopher Darby as the company ramps up production at its Uley Graphite(TM) facilities and pursues expansion opportunities.

Mr Mencel is a business executive with more than 25 years experience in the steel and mining industry, having held senior operational and management roles most recently with Ironclad Mining as Managing Director and Chief Executive Officer focused on finalising the commissioning and operating plans for production. As a mining engineer Mr Mencel has extensive experience developing and operating a wide range of engineering, mining and mineral processing operations including for Mt Gibson Iron, WMC, Normandy and North Flinders Mines.

Graham Spurling, Chairman, said: "We are delighted to have secured the services of a very senior and experienced industry professional. Having an engineer as part of the executive leadership team with Rob Mencel's experience and expertise in managing resource businesses for over two decades will be invaluable to Valence Industries. We welcome him to the Company."


About Valence Industries Ltd:

Valence Industries Ltd. (ASX:VXL) is an industrial manufacturing company producing high grade flake graphite products for distribution and sale to global markets. Valence Industries owns established processing facilities and infrastructure to manufacture a wide range of graphite product lines for multiple applications and multiple industries. Valence Industries produces and sells its graphite products from its Uley Graphite facilities in regional South Australia for delivery to diversified markets for graphite in the Asia Pacific, Europe and North America.



Contact:

Valence Industries Ltd.
Investor Enquiries:
Christopher S. Darby CEO & Managing Director
Phone: +61-8-8215-6400
Email: info@valenceindustries.com

Media Enquiries:
Rebecca Lawson Associate Director, Media & Capital Partners
Phone: +61-433-216-269
Email: Rebecca.lawson@mcpartners.com.au

Valence Industries Ltd.
Corporate Headquarters, Investor Relations
T: +61-8-8418-8564
E: info@valenceindustries.com
www.valenceindustries.com