Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Simplified.

© 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

    Epiroc–Major Drilling DiscovOre system: safety and cycle-time notes for drill engineers
    Mining
    about 7 hours ago

    Epiroc–Major Drilling DiscovOre system: safety and cycle-time notes for drill engineers

    Epiroc and Major Drilling are advancing the DiscovOre and Arrow 3S wireline core barrel system, first introduced in 2016 to boost mineral exploration drilling performance while reducing manual handling at the drill string. The system integrates a latch mechanism and overshot design that allow inner tubes to be retrieved without workers leaning over the rotating drill string, cutting exposure to dropped-object and entanglement hazards. Current development focuses on further cycle-time reductions and safer operation in deep-hole, high-angle exploration drilling.

    Mining
    about 8 hours ago

    Civmec’s A$400m BHP and Fortescue awards: delivery and ECI notes for project teams

    Civmec has secured more than A$400 million in new contracts and extensions with BHP and Fortescue, converting a previously flagged pipeline of brownfield and sustaining capital opportunities into firm work. The awards, spanning structural, mechanical and piping packages as well as site maintenance, are structured around early-contractor involvement to lock in constructability and schedule before final investment decisions. For project teams, this signals continued demand for integrated fabrication–construction delivery and long-term shutdown and upgrade support on major iron ore operations in Western Australia.

    Trapper target at Saga’s Radar project: grade and resource lens for mine planners
    Mining
    about 17 hours ago

    Trapper target at Saga’s Radar project: grade and resource lens for mine planners

    Initial drilling at Saga Metals’ Radar iron-titanium-vanadium project in Labrador has defined Trapper as its strongest target, with hole R-0009 cutting 296 m from 2.5 m depth grading 39.75% Fe₂O₃, 7.46% TiO₂ and 0.25% V₂O₅, including 63 m at 44% Fe₂O₃ and 9% TiO₂. A second hole, R-0008, returned 269.36 m at 36.21% Fe₂O₃, 6.57% TiO₂ and 0.244% V₂O₅ from 3.4 m, with internal intervals up to 46.15% Fe₂O₃ and 9.2% TiO₂. Saga reports Trapper’s iron and titanium grades are 124% and 105% higher than Hawkeye’s best assays, supporting a 15,000 m programme targeting an indicated resource later in 2026.

    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.