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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。