Opinion
Kidman cashes in on Wesfarmers' electric dreams
In just five years, Martin Donohue has built a business that Wesfarmers values at $776 million.
Matthew StevensColumnistWhen Martin Donohue joined Kidman Resources back in October 2014, the most prospective thing about the very junior miner was its smart corner office in the severe steel-and-glass tower in Melbourne’s Williams Street that was home to Broken Hill Proprietary Company Ltd.
On his first day as managing director of a miner with hopes but no great bank of prospects, Kidman boasted a market capitalisation of $8.9 million. Five years and $36 million of investment later, Donohue has built a business that Wesfarmers values at $776 million.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles