News Articles for James McClements

Global Advanced Metals has sold the last of its shares in Wildcat Resources as it focuses on expansion of its Greenbushes mine operation and US manufacturing facility.

Mineral Resources chair Malcolm Bundey will review the planned departure of Chris Ellison from the company, in a move which gives a glimmer of hope to the founder's supporter base.

Chris Ellison-founded Mineral Resources has announced that Malcolm Bundey will succeed outgoing chair James McClements from July 1.

Mineral Resources has revealed it was non-compliant with ASX listing rules for six days this month, following the resignation of three directors who were on its audit and risk committee.

Several “very strong candidates” have been identified to replace Mineral Resources' chair, some of which may be eyed for directorships after a trio tendered their shock resignations.

All three members of Mineral Resources' ethics committee formed in the wake of Chris Ellison's tax scandal have resigned, after Denise McComish became the third director to exit in a week.

Mineral Resources has shocked the market by announcing that independent directors Jacqueline McGill and Susie Corlett – both members of its new ethics committee – have resigned from the board.

Chris Ellison has paid the $3.8 million penalty handed down in the fallout from his tax evasion scandal as Mineral Resources' search for a new chairman draws out until June.

A mining-focused private equity fund co-founded by James McClements has received a $117 million loan through the federal government's renewable energy scheme.

Besieged mining boss Chris Ellison says his offshore tax evasion affairs and corporate governance failures have been a “dark cloud" in his life.

Corporate regulator ASIC, giant superannuation fund HESTA and ratings agency Moody's are among groups continuing to apply pressure to MinRes over its governance standards and financial health.

The Foundation for the WA Museum has appointed Anna Shave as chair, after two years of service as a board member and Investment Committee member.

Macmahon Holdings and Mineral Resources have recently announced major board moves with the appointment of new non-executive directors.

The former head coach of Australia's national cricket team will become an independent non-executive director of Chris Ellison's iron ore and lithium business in January 2023.

Mineral Resources has recruited Professor Colleen Hayward as a non-executive director, making it one of the few major ASX companies to have an Aboriginal person on its board.

Our board moves wrap includes Ian Chalmers, Brett Grosvenor, Peter Wade, James McClements, and David Nicol.

Peter Wade has stepped down as Mineral Resources' non-executive chair after spending a decade in the role and 23 years overall with the WA iron ore play.

Perth company Mineral Resources has announced a surprise addition to its board of directors with the recruitment of Santos boss Kevin Gallagher.

WA Super has announced it will invest $20 million in the WA Impact Fund, as part of its membership of the newly founded Impact Investment Alliance of WA.

ANNIVERSARY SPECIAL: The Pilbara has a diverse and colourful mining history, including gold, tantalum, beryl and lithium.

Talison Lithium has confirmed it will build a third concentrator at the Greenbushes lithium mine to boost output to 1.95 million tonnes per annum, but the owner of tantalum rights at the project has again warned the expansion will be subject to an ongoing legal battle.

Work is continuing on the stage one expansion at Greenbushes lithium mine, according to Talison Lithium, despite the business hitting a legal speed bump in a dispute with Global Advanced Metals.

The Supreme Court has ordered privately owned mining company Global Advanced Metals to open its books to a minority shareholder, despite the shareholder being a competitor, a litigation adversary in the US, and having a chief executive who was found to have carelessly handled confidential information supplied earlier this year.

Mineral Resources was coy about its plans after today announcing it has agreed to buy mining tenements, including lithium deposits, and infrastructure at the Wodgina tantalum mine, which is owned by private group Global Advanced Metals.

SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.

Social Ventures Australia has secured backing from three philanthropic foundations established by prominent businesspeople in Perth for the first venture in a new innovative local fund.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Euroz has announced its second expansion move in the funds management sector in the space of a week, with the launch of a partnership with Melbourne-based Flinders Investment Partners.

Ascot Resources has appointed James McClements, Shahb Richyal and Nathan Featherby to the board as non-executive directors, following the acquisition of the Wonmunna Iron Ore project last month.

Perth-based boutique investment firm NWQ Capital Management has reached the top of the ranks in risk-adjusted performance for its hedge fund, which invests in hedge-fund products in the Asia-Pacific.

The success of West Perth as a natural resources hub is all about its ability to adapt.