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BIZARRE: Mineral resources - You Need To See This

AAP Rolling News Bulletin May 20, 1630

AAP Rolling News Bulletin for May 20 at 1630

AAP

AAP Rolling News Bulletin May 20, 1600

AAP Rolling News Bulletin for May 20 at 1600

AAP

FED:Surging lithium price prompts mines to restart, M&A

Two shuttered lithium mines in the Northern Territory and Western Australia have resumed operations and corporate deals are on the rise.

AAP

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Lithium price surge breathes life into shuttered mines

Two shuttered lithium mines in the Northern Territory and Western Australia have resumed operations and corporate deals are on the rise.

AAP

MinRes sells lithium stake to Korean company for $1.2b

Mineral Resources is selling 30 per cent of its half-stake in the Wodgina and Mt Martion lithium mines to South Korea's POSCO Holdings for $1.2 billion.

AAP

Mineral Resources boss Chris Ellison tells shareholders ‘I hate what I’ve done’ after scandals rock company

Perth businessman tells AGM he made ‘error in judgment’ as company’s executive pay plans are voted down

The Guardian - AU

Tax issue a 'dark cloud in my life' says resources boss

Mineral Resources managing director Chris Ellison has told shareholders he "can't stress enough how much I hate what I've done" regarding a personal tax issue.

AAP

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Mineral Resources claws back $158,000 in rent relief to corporate entities linked to embattled boss Chris Ellison’s daughter

Billionaire mining executive made headlines earlier this year when he said of workers ‘I want to hold them captive all day long’ in office

The Guardian - AU

Another 300 jobs to go as low prices close lithium mine

Another lithium mine has been shuttered as Mineral Resources looks to preserve cash, joining the ranks of firms trying to survive the battery mineral's slump.

AAP

What does the Mineral Resources crisis tell us about the state of corporate governance in Australia?

The $7 billion Australian mining giant Mineral Resources (MinRes) is facing a governance crisis.

The Conversation

Mineral Resources boss Chris Ellison to step down after board finds he used company resources for personal benefit

Billionaire mining CEO fined $8.8m amid investigation, which follows accusations he failed to disclose revenue generated by overseas entities to tax authorities

The Guardian - AU

Billionaire mining boss says it was ‘regrettable’ he didn’t disclose overseas revenue to ATO

Mineral Resources shares fell more than 10% after comments by founder Chris Ellison following AFR tax investigation

The Guardian - AU

Aussie shares gain ground but Wisetech, MinRes tank

The ASX200 has closed 0.7 per cent higher, overcoming double-digit losses for both Wisetech Global and Mineral Resources.

AAP

Mineral Resources and Woodside donated to WA Labor while it mulled gas policy changes

A ban on exporting offshore gas was lifted in WA this week, and the Greens say two of the ‘biggest winners’ were the massive resources companies

The Guardian - AU

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International Business Times UK

Aussie Billionaire Bans Workers From Leaving Office For Coffee Runs And Lunch: 'I Want To Hold Them Captive All Day Long'

Australian billionaire Chris Ellison has banned remote work for his employees, requiring them to stay in the office even for coffee or lunch.

The Independent UK

Australian billionaire mining boss opposes staff leaving the office to get coffee

Chris Ellison has enforced a strict no work from home policy at his company Mineral Resources

The Guardian - UK

‘Hold them captive’: Australian billionaire boss aims to end staff going out for coffee

Chris Ellison, of Perth-based mining firm Mineral Resources, has already banned working from home

AAP

'Not a fun time': Mineral Resources annual profit drops

Mineral Resources is "throwing everything off the deck" to ride out the lithium price slump, after its full-year profit fell by more than half.

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AAP

Mineral Resources 'well-placed' for significant growth

Mid-tier mining company Mineral Resources has warned a move into downstream processing of battery minerals is "likely uneconomic" without government assistance.

AAP

MinRes set up for 'excellent year' as lithium pays off

Accelerating lithium demand has helped drive a five-fold increase in Mineral Resources' underlying earnings for the six months to December 31.

AAP

US battery chemicals giant plugs in Aussie supply chain

One of the world's largest producers of lithium for electric cars is partnering with Aussie miner Mineral Resources to secure supplies and bankroll processing.

Asharq Al-Awsat

Saudi Arabia Accelerates Transition to Clean Energy

The second edition of the Future Minerals Forum kicked off in Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz. The Forum aims to develop dialogue on the future of minerals and investment in mining and boost cooperation throughout the area extending…

ABC News

Resort-style FIFO camp plans for Onslow divide opinion as Mineral Resources pushes ahead

Mineral Resources says its proposed 500-bed, high-end workers camp in Onslow will help drive cultural change, but locals are far from convinced.

AAP

$3b iron ore project greenlit for WA

Mineral Resources says the Onslow Iron Project in the western Pilbara will be one of the largest iron ore mines ever undertaken in Western Australia.

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