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Ellison’s executives revealed as owners in blockbuster lithium IPO

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Three senior Mineral Resources executives who report to managing director Chris Ellison personally bought shares in Kali Metals, the lithium explorer whose share price spiked by more than 200 per cent in January because of aggressive buying by MinRes.

Kali Metals is a Perth-based lithium hopeful with prospective ground in Western Australia, NSW and Victoria that made its sharemarket debut on January 8 after raising $15 million from investors at an offer price of 25¢ a share.

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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
Neil Chenoweth is an investigative reporter for The Australian Financial Review. He is based in Sydney and has won multiple Walkley Awards. Connect with Neil on Twitter. Email Neil at nchenoweth@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/ellison-s-executives-revealed-as-owners-in-blockbuster-lithium-ipo-20241101-p5kn7j