Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy
    Projects
    Contract Award

    MinRes walks back Ellison exit plan: leadership shift and project focus for engineers

    November 20, 2025|

    Reviewed by Tom Sullivan

    MinRes walks back Ellison exit plan: leadership shift and project focus for engineers

    First reported on MINING.com

    30 Second Briefing

    Mineral Resources has scrapped its mid-2026 succession deadline, keeping founder and managing director Chris Ellison in place while it designs a three-stage leadership transition with Korn Ferry and HR consultancy Xperience, shifting to a more traditional CEO-led structure and formalised executive team practices. New chairman Malcolm Bundey has led a full board refresh, adding four independent directors including former Origin Energy CFO Lawrie Tremaine and ex-Macmahon CEO Ross Carroll, plus a new director of governance and compliance. Strategically, MinRes is prioritising ramp-up of the Onslow Iron project, debt reduction, and a A$765 million sale of 30% of its lithium business to POSCO Holdings.

    Technical Brief

    • Leadership transition is being structured as a three-stage programme: (1) reorganising MinRes into a more conventional CEO-led model, (2) formalising executive leadership team operating practices, and (3) running parallel internal and external candidate identification.
    • Korn Ferry has been engaged to run the search and assessment component, while HR consultancy Xperience is tasked with designing and implementing the broader change‑management and organisational structure work.
    • Treating succession as a “change‑management process rather than a standard search and selection” is likely to slow the timetable for any handover but should allow continuity across major project cycles, contract negotiations and financing rounds.
    • For other founder‑led mining houses, MinRes’ approach illustrates a shift towards staged, process‑driven transitions with external governance and HR specialists, rather than fixed‑date exits that can coincide awkwardly with project ramp‑ups and refinancing windows.

    Our Take

    Mineral Resources’ mix of iron ore and lithium in Western Australia stands out in our Mining coverage, where most battery metals stories are from single-commodity juniors rather than diversified operators with large contract-mining and infrastructure arms.

    The A$765 million sale of 30% of the lithium business to POSCO Holdings effectively locks in a strategic partner across the battery metals chain, which can cushion MinRes’ project pipeline from lithium price volatility that has pressured other Pilbara-focused developers in our database.

    With MinRes shares having touched a five-year low earlier in the year despite the Onslow Iron project ramp-up, any uncertainty around Chris Ellison’s succession in Perth is likely to be priced not just as a governance issue but as a risk to execution on large, capital-intensive iron ore and lithium expansions.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Mining
    about 7 hours ago

    Sandvik–Aris Mining Marmato gold expansion: mechanised stoping lens for engineers

    Sandvik Mining has secured a large order from Aris Mining to supply underground loaders, trucks and multiple development, production and longhole drill rigs for the Marmato gold mine expansion in Colombia. The fleet will support deeper underground mining below the existing operation, where ramp haulage and high-intensity stope production will demand high-availability loading and haulage units. For mine planners and engineers, the deal signals a shift towards more mechanised, drill-and-blast stoping at Marmato, with corresponding implications for ground support, ventilation and power distribution design.

    Mining
    about 8 hours ago

    Ausenco’s Hillside copper-gold EPCM: design and risk notes for project engineers

    Ausenco has secured the EPCM contract for Rex Minerals’ Hillside copper-gold project on South Australia’s Yorke Peninsula, about 150 km west of Adelaide, one of the country’s largest undeveloped copper assets. The mandate covers full engineering, procurement and construction management for the greenfield operation, positioning Ausenco to define plant layout, materials handling systems and tailings and water management infrastructure. Geotechnical and civil design decisions at Hillside will be closely watched, given its scale and coastal setting with associated foundation, groundwater and environmental constraints.

    Mining
    about 8 hours ago

    EPCA to electrify Cat 988 wheel loader: retrofit pathway insights for mine engineers

    EPCA has signed an agreement to convert a Caterpillar 988 wheel loader to full battery-electric drive for EMJC, delivering a complete electric powertrain retrofit rather than a new OEM unit. The E-988 project will draw on EPCA’s prior experience electrifying large mining assets, targeting zero tailpipe emissions and reduced diesel-related maintenance on a high-duty-cycle load-and-haul machine. For mine operators, the conversion pathway signals growing options to decarbonise existing medium–large wheel loader fleets without immediate fleet replacement.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.