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Ellison brothers in manganese team-up 

DIVERSIFIED ASX 200 concern Mineral Resources has agreed to trade its non-core Ant Hill and Sunday Hill manganese projects to rival mining services firm Resource Development Group, a company founded by MinRes managing director Chris Ellison's brother, Andrew in an all-scrip deal worth A$30 million.

Haydn Black
Stockpiles at Ant Hill.

Stockpiles at Ant Hill.

RDG, which saw a 37% drop in revenue for the December half, despite a return to profitability, will also fall under the sway of MinRes, which will take a 75% shareholding and three of five spots on the...

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