Currently viewing Global edition

Ellison follows Glasenberg in chase for tier-two assets

Owning tier one assets is the objective of most big mining companies but there is a second way to make a fortune, as Ivan Glasenberg has demonstrated at Glencore with the acquisition of second-tier assets at a low price, and it’s that formula that Chris Ellison is following.

Ellison follows Glasenberg in chase for tier-two assets Ellison follows Glasenberg in chase for tier-two assets Ellison follows Glasenberg in chase for tier-two assets Ellison follows Glasenberg in chase for tier-two assets Ellison follows Glasenberg in chase for tier-two assets
Not well-known outside his backyard of Western Australia, Ellison is founder and third-largest shareholder in Mineral Resources, a company with a diverse portfolio of iron ore and lithium-mining