Rob Cole steps down as Iluka chair
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The news: Mineral sands miner Iluka Resources has announced Robert Cole has retired as chair and non-executive director due to ill health.
The numbers: Cole, who joined Iluka’s board in March 2018 and was appointed chair in April 2022, has been on temporary leave since 13 November to recover from a health issue.
His retirement is effective 13 December.
The context: The company said Cole’s health has not permitted his return to work and he has taken the decision to retire from his board appointments.
Cole oversaw the demergers of Detera Royalties and Sierra Rutile from the company during his tenure, as well as Iluka’s diversification into rare earths.
Former Rio Tinto executive Andrea Sutton will continue as acting chair of the company, pending a board decision on a permanent chair.
The source: ASX announcement
