MARKETS

MinRes mum on AWE options

MINERAL Resources’ Chris Ellison has refused to rule out – or in – making a fresh title for AWE to lock in control of the Waitsia gas field in Western Australia’s Perth Basin, less than a week after apparently waiving rights to match a A$602 million bid from Japan’s Mitsui.

Haydn Black

MinRes' Chris Ellison says AWE is still a live issue despite higher Mitsui bid

Speaking yesterday after revealing an improved net profit after tax of A$163 million half year profit for the diversified firm, MinRes' managing director would not be drawn on his thinking around AWE....

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