Australia's Mineral Resources names Malcolm Bundey as next chair

Mineral Resources

19/05/2025 01:00

May 19 (Reuters) - Australian lithium miner Mineral Resources MIN.AX said on Monday that Malcolm Bundey will take over as its non-executive chair, replacing outgoing Chair James McClements.

Bundey will join MinRes as a non-executive director immediately and assume the chair role in July, when longtime board leader McClements steps down after a decade.

His appointment comes amid a major governance shake-up at MinRes, as the company tries to rebuild its reputation following scandals tied to its founder and Managing Director Chris Ellison and a string of board departures.

Bundey is currently deputy chair of Brickworks Limited BKW.AX, a building products, property and investment firm, and has been on its board since 2019.

"The work to appoint additional Non-Executive Directors has begun," MinRes said in a statement, adding that Bundey would play a key role in the recruitment process and the ultimate board constitution.

 (Reporting by Roshan Thomas in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((Roshan.Thomas@thomsonreuters.com;))