Fortescue and Mineral Resources (MinRes) have announced key board changes, marking new chapters in their leadership and strategic direction.
Mineral Resources
MinRes has confirmed that Malcolm Bundey will take on the role of non-executive chair from July 1, following the retirement of James McClements.
Bundey’s appointment was first announced in May 2025 as part of a planned leadership transition.
McClements joined the board in 2015 and stepped into the chair role in 2022, playing a key role across various committees over his 10-year tenure.
“It has been a privilege to serve MinRes over the past 10 years,” McClements said. “I wish Mal every success as incoming chair and I am confident that, under his leadership, MinRes is well positioned to consolidate and deliver on its strong future.”
MinRes chair-elect Malcolm Bundey said he is honoured to take on the role at such a pivotal time for the company.
“I’m committed to ensuring we have the right structures, processes and people in place to leverage our clear strengths and deliver sustained success as a leading mining services and resources business,” Bundey said.
Fortescue
Fortescue has appointed Yasmin Broughton to its board as a non-executive director, effective July 1.
Broughton brings more than 25 years of leadership experience across mining and energy, and currently holds board positions at Greatland Gold, Wright Prospecting and Synergy.
With a background in law, mergers and acquisitions, finance and corporate governance, she is widely regarded as a strategic leader.
“I am excited to join Fortescue at this transformational time in the company’s journey towards the decarbonisation of its operations and its growth into a green technology, energy, and metals company,” Broughton said.
“I look forward to leveraging my corporate and commercial experience in resources and energy markets and my passion for sustainable practices to contribute to the company’s growth strategy and deliver value to its shareholders.”
Fortescue executive chairman Dr Andrew Forrest AO welcomed the appointment.
“Yasmin is an accomplished leader and experienced company director,” he said.
“Her deep knowledge of the Australian corporate landscape, complemented by her legal, commercial and transactional experience, will add to Fortescue’s highly skilled and diverse board.”