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Mineral Resources Crisis: Directors Resign Amid Scandal

4/16/2025

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Summary

Story summary

Mineral Resources is in crisis as independent directors Susie Corlett and Jacqueline McGill step down amid a scandal over alleged misuse of shareholder funds and tax evasion. Their resignations come as market pressure mounts for accountability, with proxy advisor Ownership Matters urging shareholders to reject Corlett's re-election at Iluka Resources due to her ties to the controversy.

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Story summary

Mineral Resources is in crisis as independent directors Susie Corlett and Jacqueline McGill step down amid a scandal over alleged misuse of shareholder funds and tax evasion. Their resignations come as market pressure mounts for accountability, with proxy advisor Ownership Matters urging shareholders to reject Corlett's re-election at Iluka Resources due to her ties to the controversy.