The run of body blows for beaten-down Mineral Resources continues, with the miner announcing the prolonged price slump for key battery ingredient lithium is about to claim another victim— and up to 300 jobs.
The Chris Ellison-run Mineral Resources has announced the prolonged price slump for the key battery ingredient is about to claim another mine victim — and up to 300 jobs.
Liontown is reining in production plans just three months after delivering its maiden load of lithium as it hunkers down amid a depressed market for the key battery metal that shows no sign of a recovery.
Perth-based gold miner Resolute Mining has confirmed that boss Terry Holohan and two employees were detained in Mali but maintain the allegations against them are ‘unsubstantiated’.
Superannuation giant HESTA has put Mineral Resources on a governance watch list as the miner struggles to recover from a tax scandal that has spread from managing director Chris Ellison to its board.
Regis Resources, the WA gold miner that had a $1 billion gold project thwarted by an Indigenous heritage protection challenge, has moved on legal action to have the decision declared invalid.
Chris Ellison and Mineral Resources are pushing for permanent veil of secrecy over self-proclaimed whistleblower Steven Pigozzo after surprise peace deal.
Powerful proxy adviser Glass Lewis is calling for long-time members of Mineral Resources’ board to be more accountable for founder and managing director Chris Ellison’s tax dodge scandal.
It was 2009 and the Australian house price record had just been shattered. Yet, most were left wondering, how could a recently retired Federal Senator afford such an opulent palace?
Mineral Resources’ board has gone the semi-nuclear option — and some shareholders will still question why CEO Chris Ellison should be retained after the company’s public condemnation of his behaviour.
Fortescue’s green energy boss Mark Hutchinson has reportedly stepped down as director of a religious organisation weeks after concerns were raised about its stance on same-sex marriage.