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Ram River Coal Corp announces appointment of new President and CEO

Published by
World Coal,

Ram River Coal Corp. has appointed Mr. Joseph Carrabba as President and CEO of Ram Coal.

Mr. Carrabba replaces Mr. William Lamb who has been appointed to serve the company as Executive Chairman of the Board. Mr. Carrabba brings to the company over 40 years of international experience in the mining sector and has worked for several multinational mining operations with a focus on coal, iron ore, and industrial minerals.

Joe was most recently Chairman, President and CEO of Cleveland-Cliffs Inc., a US$2.4 billion company from which he retired in November 2013 after eight years of executive office. Cleveland-Cliffs is a well-known and highly regarded company specialising in the mining and beneficiation of iron ore.

Mr. Lukas Lundin, a Director of Ram Coal, commented:

"Joe's extensive financial, operational and environmental/social responsibility experience will be of great benefit to Ram Coal as we continue to advance our Aries metallurgical coal project in Alberta towards production. He is joining the team at the perfect time as in 2017 the company commissioned an independent pre-feasibility study and in view of the positive results received, an optimisation study was completed further enhancing the economic and operational potential of the project."

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