Ellison sees MinRes as Atlas' white knight

MINERAL Resources boss Chris Ellison says Atlas Iron may not have survived the year as a separate entity.

Ellison sees MinRes as Atlas' white knight Ellison sees MinRes as Atlas' white knight Ellison sees MinRes as Atlas' white knight Ellison sees MinRes as Atlas' white knight Ellison sees MinRes as Atlas' white knight

MinRes' planned BOSS light rail

On Monday, Atlas agreed to a one-for-571 scrip takeover bid from MinRes after several months of talks.

Ellison said the Atlas business was in "palliative care".