B.A., J.D.
Non-Executive Chairman

Mr. Morabito has over 15 years’ experience in public markets with a strong focus on junior mining with extensive experience in capital-raising and corporate development. Mr. Morabito founded and has been the principal driving force behind a number of successful resource development companies including Alderon Iron Ore Corp., Excelsior Mining Corp. and others. He led the team that struck an off-take agreement with Hebei Iron & Steel, China’s largest steel producer, worth over $400 million.  He is also the founder of King & Bay West, which specializes in identifying, funding, developing and managing resource-based opportunities, with a special interest in the junior mining sector.  Mr.Morabito has a BA from Simon Fraser University and completed his J.D. at the University of Western Ontario.

CEO & Director

Tayfun Eldem is currently the Chief Executive Officer of Alderon Iron Ore Corp. and sits on the advisory board of King and Bay. Previously, Mr. Eldem was Managing Director of Iron Ore & Coal for Hatch Ltd., where he was responsible for global business development, overseeing operations in six regions of the world. In addition, Mr. Eldem previously worked for the Iron Ore Company of Canada, a Rio Tinto subsidiary, for more than 20 years. During this period, Mr. Eldem held many senior roles including Vice President, Expansion Projects & Engineering, and COO. Mr. Eldem was accountable for the development and delivery of a nearly $2.0 billion program of green and brown fields expansion projects. Additional responsibilities included strategic and tactical oversight of clean air and GHG reduction programs and the execution of sustaining capital investments and mineral exploration. Mr. Eldem is a professional engineer who graduated from Dalhousie University.


Mr. Ashby worked 25 years for BHP Billiton, the world’s largest diversified resource company.  During his time with BHP Billiton, Mr. Ashby held many senior roles including Chief Operating Officer, Base Metals, Chief Operating Officer, Western Australia Iron Ore and lastly President, Iron Ore from 2006 to 2012.  As President, Iron Ore, Mr. Ashby was responsible for global strategy development and execution, and operations and project development for the Iron Ore business.  He was accountable for the largest and most profitable business within BHP Billiton and was instrumental in expanding the business to almost twice its capacity during his tenure.  Mr. Ashby holds a Bachelor of Engineering in Mining from the University of Melbourne, Australia.


Mr. Loader spent 20 years working for Shell, including most recently as President and CEO of Shell Canada. Prior to this role, he was Director of Strategy and Business Development and Director of Strategic Planning, External Affairs, HSE and Sustainable Development for the Royal Dutch Shell Group (“Shell”). During his time with Shell, Mr. Loader led the merger and acquisition activity and was responsible for strategic direction, scenarios, competitive intelligence and planning. Mr. Loader graduated from the University of Cambridge with a MA and sits on the board of several other resource companies.


Mr. Baker co-founded Altius in 1997, has been the Chairman of the Board of Altius since 2006 and was appointed its Executive Chairman in June 2014. John was a senior partner in a leading St. John's law firm until June 2014, where he conducted an extensive and diverse mining, securities, and corporate/commercial practice. His history of public company, community and volunteer directorships is considerable. Mr. Baker’s volunteer contributions have been recognized with the Queen’s Golden Jubilee Medal, the Canadian Bar Association Award for Distinguished Public Service and a Paul Harris Fellowship by Rotary International. He was during his legal career named “St. John’s Corporate Lawyer of the Year” by the respected peer review publication Best Lawyers.


Mr. Porter is a seasoned executive who has served as Vice President Human Resources & Organizational Effectiveness for the Iron Ore Company of Canada, a C$2Billion Canadian based Corporation.  He has also been responsible for Operations, Safety, Health, Sustainable Development, Communications and Community Relations across the mining and steel sectors for over 33 years.  Mr. Porter has lead the development and execution of business strategy, negotiated landmark agreements with international unions, governments and communities and lead business transformation initiatives.


Mr. Wang Jinhui is the President of HBIS International Holding (Canada) Co. Ltd.  Mr. Wang brings with him vast experience in engineering, project management, import and export trading and investment management.  Prior to joining Hebei, Mr. Wang worked for Hanbaosteel in the Purchase and Sales Department.  Mr. Wang is an Engineer with a PhD in Mechanical Design and will be based in Alderon’s Vancouver office.


Dr. Andrew Furey represents the next generation of leaders in Newfoundland and Labrador who are actively advancing the province’s economic, health, and social interests. Dr. Furey was recently named one of Atlantic Business Magazine’s Top 50 CEOs and was the recipient of the 2015 CBC Innovator of the Year award. He is currently the Associate Professor of Surgery at Memorial University, the President of the Newfoundland and Labrador Surgical Society, Chief of Orthopedic Surgery at Eastern Health, and Director of Research for the Orthopedic Resident Training Program at the Memorial Medical School. Dr. Furey graduated from SAID School of Business at Oxford in 2015. He also holds a B.Sc. Biology, M.D., and M.Sc., Medicine: Clinical Epidemiology, from Memorial University in Newfoundland.