OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06

← MIN management

Full background report

Chris Ellison MNZM

Managing Director

Career chronology

Education and qualifications

Qualifications and evidence

Education dates not established · issuer reported · low materiality

Issuer does not provide formal education details in this biography.

Attribution: Responsibility not applicable. The issuer reports the qualification when stated; no independent degree verification is implied.

Relevance: Supports professional background assessment.

MinRes biography: chris ellison (qualifications section)

Contributions and company outcomes

Company growth and FY2026 results

FY2026 · issuer reported · medium materiality

MinRes reported FY2026 revenue of A$6.461bn and profit attributable to owners of A$1.061bn; it reported the Onslow Iron project reached 35Mtpa nameplate. The result is consolidated and reflects commodity and other factors.

Attribution: Role overlaps event; causation unproven. Ellison was managing director during the period; individual contribution to the result is not isolated.

Relevance: Provides a measured operational and financial outcome.

FY2026 annual report (Appendix 4E p.2 and operational review); FY2026 full-year results (FY2026 financial and operating highlights)

Industrial safety

2023 Onslow contractor fatality

June 2023 · documented · high materiality

MinRes reported a contractor employee died at Ken’s Bore on 12 June 2023 and suspended site operations; it notified WA authorities. Final investigation findings were not established.

Attribution: Role overlaps event; causation unproven. Ellison was managing director and expressed condolences; individual responsibility is not established.

Relevance: Material to safety oversight.

Fatality at Onslow Iron project (p.1, site fatality and authority notification)

Litigation and enforcement

Shareholder class action

March 2025–August 2026 · alleged · high materiality

MinRes disclosed service on it and Ellison of a shareholder class action filed in March 2025. The FY2026 report describes allegations of misleading conduct and disclosure breaches, says proceedings are at an early stage and the company is defending them. No final outcome was established in the sources reviewed.

Attribution: Individual involvement documented. Ellison is identified by the issuer as a respondent; allegations and defence are not a finding of liability.

Relevance: Material unresolved legal context.

Acknowledgement of class action (p.1, defendants and company defence); FY2026 annual report (note 29, legal contingencies, physical PDF p.147)

Governance and interests

Board findings and subsequent regulator decision

2024–September 2026 · documented · high materiality

In November 2024 the MinRes board said Ellison held an interest in FEEHL, which had sold equipment to a predecessor company; a liability was not disclosed as related-party in the 2006 prospectus. It reported his voluntary personal-tax disclosure and May 2023 payment of A$3.94m in unpaid tax, interest and administrative penalties. The board also found he used company resources for private benefit and did not sufficiently separate personal and company interests or appreciate timely conflict disclosure. It announced A$8.8m in board-imposed financial penalties and up to A$9.6m in remuneration consequences. In February 2025 Ellison assured the board he never intended personal gain at shareholders’ expense. In September 2026 MinRes reported ASIC had closed its investigation without enforcement action; that decision is separate from the board’s findings.

Attribution: Individual involvement documented. The company board made findings about Ellison’s own conduct; the later ASIC disposition is distinct.

Relevance: Material to governance, leadership accountability and succession.

MinRes governance investigation update (pp.1–4, findings and board action); Governance update (p.1, Ellison’s response and governance changes); Conclusion of ASIC investigation (1 September issuer announcement)

Suitability for the current role

Relevant experience

Through 31 October 2026 · analyst inference · low materiality

As an analytical inference, the reported background is relevant to managing director. Founder of Crushing Services International, PIHA and Process Minerals International; MinRes managing director from February 2006. Previously founded Genco and led Monadelphous during its 1988 receivership and subsequent relisting. Individual contributions to employer-wide outcomes are not assumed.

Attribution: Responsibility not applicable. Judgment based on issuer disclosures; not a measured outcome or a personal-conduct finding.

Relevance: Shows the experience applicable to this remit.

MinRes biography: chris ellison (career and role biography)

Evidence gaps

  • This is partial public-source screening, not a comprehensive court, criminal, sanctions or professional-credential check.

  • Independent verification of qualifications, detailed prior-employer dates, individual contributions and relevant local regulator/court records is incomplete.

  • Final disposition of the shareholder class action was not found; the actual managing-director succession date and successor remain unconfirmed.

  • Final investigation outcomes for the 2023 contractor fatality remain unconfirmed.