Mineral Resources Limited
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Christopher James Ellison
- Full Time Employees
- 7,266
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- 20 Walters Drive Osborne Park WA Australia 6017
- IPO Date
- Jun 5, 2006
- Website
- mineralresources.com.au
- Similar Companies
- Business
- Mineral Resources Limited is a diversified Australian resources company primarily engaged in the mining and processing of minerals with extensive operations across Western Australia. The company produces and supplies core products including lithium concentrates from the Wodgina and Mt Marion lithium mines; iron ore through its Onslow Iron project and hubs at Utah Point and Yilgarn; mining services via its wholly owned subsidiary CSI Mining Services, which provides innovative and sustainable mining solutions; and energy through exploration, drilling services, gas production, and power generation mainly from natural gas. Other product categories include aggregates, manganese, garnet, and related mining services. Mineral Resources serves global commodity markets, with a strong focus on supplying raw materials and mining solutions across Australia and internationally. Founded in 1992 and headquartered in Perth, Western Australia, the company operates in mining services, mineral extraction, and energy sectors. Recent major developments include a strategic joint venture agreement with POSCO Holdings Inc involving the acquisition of a 30% stake in Mineral Resources’ lithium operations, consolidating its ownership of pivotal lithium assets. The company completed a binding Asset and Share Sale Agreement with Resource Development Group Limited and achieved significant milestones at its Onslow Iron project, improving capacity to 35 million tonnes per annum. Mineral Resources also agreed to a $1.1 billion sale of exploration permits in the Perth Basin to Hancock Prospecting while establishing joint ventures for ongoing exploration in the Perth and Carnarvon Basins. These moves complement the ongoing expansion and operational optimizations across its iron ore and lithium businesses. The company continues to invest in infrastructure upgrades, such as haul road improvements to enhance logistics efficiency at its mining sites. Leadership enhancements include recent board appointments and executive changes aimed at strengthening governance and strategic direction. Mineral Resources operates within the mining, minerals processing, and energy sectors, addressing global demand for critical minerals such as lithium, iron ore, manganese, and aggregates. Its customer segments include steel producers, battery manufacturers, energy sector clients, and other industrial end-users. The company maintains key operational hubs including mining and port facilities, and sustains relationships with indigenous communities in the Pilbara region, exemplifying its commitment to sustainable and collaborative operations. Mineral Resources is publicly traded on the Australian Securities Exchange under the ticker MIN.AX. This comprehensive positioning underscores Mineral Resources Limited as a leading integrated resources group focused on diversified minerals production, innovative mining services, and energy exploration, backed by strategic partnerships and asset growth initiatives executed over the last two years.
Company News
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