0250 GMT - The recent departure of the directors on Mineral Resources' ethics and governance committee represents "a significant step backwards in seeking to address the serious governance concerns," says Hesta CEO Debby Blakey. Hesta, an Australian pension fund, has subsequently sold its shares in the Australian miner. "Given these departures and the forthcoming succession of the chair, we don't currently see a path to our concerns being addressed," Blakey says in a statement. She says Hesta may reconsider its position if Mineral Resources can provide "a demonstrated pathway" to address Hesta's governance concerns and an effective mechanism to prevent similar issues from happening again. It also wants "a timely and orderly succession" of managing director and founder Chris Ellison. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
May 11, 2025 22:50 ET (02:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。