Neither Barnes—who is represented by prominent Perth lawyer Martin Bennett—nor Ivanhoe Atlantic has disclosed details of the alleged misconduct. In response, Ivanhoe Atlantic rejected the claims. “Ivanhoe Atlantic believes the action taken by Ms. Barnes is without merit,” a company spokesperson said. According to the Financial Review, the company had planned to use a Sydney IPO to help finance the estimated US$1.8 billion Kon Kweni mine and rail project. More recently, Barnes publicly insisted that iron ore from Kon Kweni would not be exported to China.

Source: Front Page Africa February 06, 2026 13:38 UTC