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Andrew Forrest and fellow billionaire Chris Ellison are set for a showdown over the Onslow Steel project and claims high-frequency truck movements pose a threat to cattle production.
Chris Ellison’s Mineral Resources has pulled the trigger on a $3 billion iron ore project with the backing of China’s biggest steelmaker.
Mineral Resources Limited (OTCPK:MALRF) Q4 2022 Results Conference Call August 28, 2022 08:00 PM ET Company Participants Christopher Ellison - MD & Director Mark Wilson - CFO &...
Why Stokes swapped iron ore for buckets of salt Share Ryan Stokes says he has no regrets about the sale of iron ore assets to focus on a salt project on the West Australian coast that has attracted $450 million in finance from the Morrison government. His logic is that iron ore prices are volatile and can plunge just as readily as they have surged over the past year, and that Stokes-backed BCI Minerals did not have assets of the scale needed to prosper through the cycles. Trail evaporation ponds at BCI Minerals’ Mardie salt project in WA. BCI, which is 39.9 per cent owned by Mr Stokes an...