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Beament’s new venture borrows from Ellison playbook

Peter Ker

Former Northern Star talisman Bill Beament wants his new copper mining venture to provide services to rival companies, under a strategy that mirrors the unique business model of Chris Ellison’s Mineral Resources Limited.

Mr Beament’s plan to turn ASX listed explorer Venturex Resources into the mining industry’s version of a mixed business was announced on the same day the company was rebranded ‘Develop’.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/companies/mining/beament-s-new-venture-borrows-from-ellison-playbook-20210802-p58f68