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  • Mineral Resources Limited

    Mining activities and the integrated supply of goods and services to the resources sector.

    MIN$78.230
     0.230 0.29%

    Data last updated:May 17, 2024 – 2.50pm. Data is 20 mins delayed.

    Previous Close

    78.000

    Open

    78.000

    Day Range

    77.680 - 79.270

    52 Week Range

    52.520 - 79.270

    Volume

    755,771

    Value

    28,048,026

    Bid

    78.230

    Ask

    78.250

    Dividend Yield

    1.17%

    P/E Ratio

    39.82

    Market Cap

    15.325B

    Total Issue

    195,948,655

    ASX Announcements

    Change in substantial holding

    Change in substantial holding

    • May 15, 2024
    • 30 pages

    Market Sensitive

    LRD: $1.5M Placement and MINRES Completes DD at Horse Rocks

    Progress Report

    • Apr 24, 2024
    • 4 pages

    Market Sensitive

    FY24 Q3 Quarterly Activity Report

    Third Quarter Activities Report

    • Apr 24, 2024
    • 11 pages

    Application for quotation of securities - MIN

    Appendix 2A (Application for Quotation of Securities)

    • Apr 19, 2024
    • 7 pages

    Ceasing to be a substantial holder for DVP

    Ceasing to be a substantial holder

    • Apr 12, 2024
    • 8 pages

    View all MIN announcements

    Today

    How the west’s miners won over Canberra

    The production tax credits on critical minerals processing unveiled in the federal budget were the result of months of careful negotiations that started with a meeting in Perth.

    • 1 hr ago
    • Brad Thompson

    This Month

    Hoping to be budget winners: Andrew Forrest, Gina Rinehart, Chris Ellison and Mike Henry.

    Miners hope for budget tax credits

    Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its ‘made in Australia’ plans.

    • Brad Thompson
    Mineral Resources boss Chris Ellison.

    MinRes in row over lithium processing hub

    Poseidon Nickel, worth $22 million, has mounted a David versus Goliath legal battle with $14.1 billion MinRes over assets in the Western Australian Goldfields.

    • Brad Thompson

    April

    Markets could be heading for a more difficult period of higher rates and lower growth.

    12 stock picks for a tough investing environment

    Low rates and endless stimulus may have left investors unprepared for the difficult environment that lies ahead. Here are 12 stock picks to consider. 

    • James Thomson
    Matthew Banks battles  Saverio Rocca on Anzac Day in 1998. Rocca kicked a bag of goals after Banks went off with an injured shoulder.

    How ex-Bomber went from AFL to a big hit in lithium

    Wildcat Resources executive director Matthew Banks played three games for Essendon, including two Anzac Day blockbusters. His career in mining has been more successful.

    • Brad Thompson
    Advertisement
    Mineral Resources boss Chris Ellison.

    MinRes says $1b debt-reducing haul road sale is still on track

    The iron ore and lithium miner expects to sell a stake in a haul road by June 30 as it weighs up a big investment in onshore gas processing.

    • Brad Thompson
    An iron ore carrier enters Port Hedland, the world’s biggest cargo port.

    $25b economic hit built into forecasts for iron ore epicentre

    The value of production linked to Port Hedland, where most of the iron ore mined in WA is loaded for export, is expected to peak at $89.2 billion this year before a steep fall to $64.2 billion in 2027-28.

    • Brad Thompson
    The Greenbushes mine is owned jointly by IGO, China’s Tianqi and Albemarle.

    Chinese miners in $2.5b payday from Australian lithium holdings

    Despite softer prices, and restrictions on ownership of critical minerals, some of the original backers of local developments are now seeing windfall returns.

    • Elouise Fowler
    .

    China’s biggest steel maker exits Queensland coal

    Chinese state-owned steel maker Baowu has called time on a dirty decade by selling an undeveloped coal asset acquired in the 2014 takeover of Aquila Resources.

    • Peter Ker

    March

    Mineral Resorurces lithium boss Joshua Thurlow.

    MinRes to auction lithium in quest for ‘real price transparency’

    Chris Ellison’s Mineral Resources and New York-listed Albemarle sell lithium above spot price amid renewed efforts to make China-dominated market transparent

    • Brad Thompson

    Mining rock stars Beament and Finlayson face their reinvention tests

    The divergent paths taken by Bill Beament and Raleigh Finlayson over the past two years sum up Australian mining’s green transition. Who’s on the right track?

    • Peter Ker
    Mineral Resources boss Chris Ellison.

    MinRes to retrofit WA nickel plant for lithium processing

    The Chris Ellison-led Mineral Resources will cash-in on nickel’s collapse by using idle infrastructure to process lithium.

    • Brad Thompson
    Mineral Resources boss Chris Ellison.

    First-round offers in for MinRes $1b pit-to-port haul road sale

    Morgan Stanley Infrastructure Partners has tapped Perth-based corporate advisory firm Azure Capital for help with diligence and funding

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    Contract dispute hits MinRes’ $1b haul road sale

    Mineral Resources’ plan to reduce debt by selling 49pc of a new haul road has been shaken by a contractor’s decision to walk off the job over quality concerns.

    • Peter Ker and Brad Thompson

    February

    Albemarle boss Kent Masters at the company’s lithium hydroxide plant at Kemerton last year.

    Chinese technicians parachuted in to fix ailing WA lithium plant

    Battery chemical giant Albemarle’s problems with its $2.3 billion lithium hydroxide plant in WA will be tackled by an expert team from China.

    • Brad Thompson
    Advertisement
    Mineral Resources managing director Chris  Ellison.

    The Apple fever dreams of Chris Ellison

    The mining billionaire went after the company’s doubters, deploying surreal image adjacency to the world’s largest company.

    • Mark Di Stefano
    Mineral Resources boss Chris Ellison.

    Billionaire MinRes founder slams critics over balance sheet

    Chris Ellison has blasted his critics and talked up iron ore after moving to limit production from one of the world’s biggest lithium mines.

    • Brad Thompson
    Mining billionaire Chris Ellison.

    Mineral Resources on lithium cost-cutting mission as it exits Azure

    Billionaire mining boss Chris Ellison says MinRes will focus on driving down the cost of production at its WA lithium mines while prices remain depressed.

    • Brad Thompson
    Mineral Resources managing director Chris  Ellison.

    MinRes selling 14.5pc of Azure Minerals; JPM nabs trade

    JPMorgan’s desk was seeking buyers for a $230 million parcel of shares in lithium miner Azure Minerals.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    If MinRes does bid for Aquila then it has to match the highest price paid in soaking up 13 per cent of the iron ore junior last week.

    Sacked executive, 62, sues MinRes for age discrimination

    The former executive is claiming a senior MinRes executive fired him because he was too old and then replaced him with a close friend.

    • David Marin-Guzman

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