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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

ASX-listed MinRes founder to leave over governance scandal

Dunedin-born Chris Ellison founded A$6.7b company Mineral Resources, but has admitted to a ‘serious lapse of judgment’.

Chris Ellison will lose about A$10m through repaying the company and losing entitlements.

One of Australia’s richest men will be forced out of the successful mining company he founded following multiple reports that he set up private entities that profited from interactions with the ASX-listed public company. 

Chris Ellison – originally a Kiwi from Dunedin, who founded Perth’s

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Lachlan Colquhoun Mon, 04 Nov 2024
Contact the Writer: lachlan@nbr.co.nz
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ASX-listed MinRes founder to leave over governance scandal
Australia,
106543
true