Jinchuan Joins Allegiance Board

    SYDNEY, Nov. 7 /CNW/ - Allegiance Mining NL (ASX Code:AGM) is delighted
to announce the appointment of Mr Shi Peirong, Vice President, Vice Chairman
and Chief Financial Officer of the Jinchuan Group Ltd, as a Director of
Allegiance. Mr Shi joined the Jinchuan Group in 1980 after receiving a Masters
Degree in Economics and Marketing at the Marxism College Beijing. Mr Shi has
played a prominent role under Chairman Li Yongjun's leadership in building the
Jinchuan Group to the world's fifth largest integrated nickel producer.
    We are also delighted that Jinchuan's Chief Australian Representative, Mr
Zhang Yimin, will be Mr Shi Peirong's Alternate Director. Mr Zhang received a
Diploma at the Metallurgical and Architectural Institute of Chung Chan before
joining Jinchuan in 1981. Since that time he has occupied posts in Pakistan
and the Gulf and has been involved in a number of significant
Jinchuan/overseas co-operative ventures. He was appointed to Jinchuan's
Beijing office and then to his present position of Chief Representative for
Jinchuan in Australia. Mr Zhang is an Executive Director of Sino Nickel Pty
    Chairman, Tony Howland-Rose said, "Jinchuan brings a wealth of technical
and management experience to the Allegiance team. We look forward to
contributing to their initial goal of producing 200,000 tonnes of nickel metal
per year."
    A full copy of this announcement is available at 

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For further information:

For further information: David Deitz: +61 (02) 9397 7777 or +61 (0) 411
858 830

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