Mineral Resources Limited (ASX: MIN)
Market Cap | 13.98B |
Revenue (ttm) | 4.94B |
Net Income (ttm) | 392.00M |
Shares Out | 194.30M |
EPS (ttm) | 1.97 |
PE Ratio | 37.13 |
Forward PE | 17.48 |
Dividend | 0.90 (1.26%) |
Ex-Dividend Date | Mar 1, 2024 |
Volume | 1,990,386 |
Open | 72.35 |
Previous Close | 71.51 |
Day's Range | 70.28 - 72.35 |
52-Week Range | 52.52 - 79.76 |
Beta | 1.28 |
Analysts | n/a |
Price Target | 71.68 (+0.03%) |
Earnings Date | Aug 29, 2024 |
About Mineral Resources
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector. It also manages the processing, produ... [Read more]
Financial Performance
In 2023, MIN's revenue was 4.78 billion, an increase of 39.82% compared to the previous year's 3.42 billion. Earnings were 243.30 million, a decrease of -30.33%.
Financial StatementsNews
Lithium miners plead ‘foreign entity’ case to US over China links
Lithium miners like Mineral Resources reckon it would be counter-intuitive for their Australian mines to be labelled ‘foreign entities of concern’ by the US.
Airlie’s Emma Fisher is making her next big bets
Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.
MinRes selling Develop Global stake
Chris Ellison’s Mineral Resources was selling shares in Develop Global after the market close on Monday in an effort to raise cash.
MinRes selling Develop Global stake; Bell Potter on the ticket
Chris Ellison’s Mineral Resources was selling shares in Develop Global after the market close on Monday in an effort to raise cash.
MinRes to auction lithium in quest for ‘real price transparency’
Chris Ellison’s Mineral Resources and New York-listed Albemarle sell lithium at well above spot price amid renewed efforts to make opaque market dominated by China more transparent
'White Gold' Rush Grapples With Long-Term Sustainability: Implications Of Lithium Mining
Lithium stands as the cornerstone of the electric vehicle (EV) revolution. It powers the development of lightweight, high-capacity batteries essential for the transition to sustainable transportation....
20 Biggest Iron Ore Mining Companies in Australia, 2024
BHP Group led the Iron Ore Mining Companies listed on the Australian Securities Exchange as of March 2024, with a market capitalization of over 224.8 billion Australian dollars. Meanwhile, Fortescue L...
Billionaire MinRes founder says ‘f--- you’ to critics
Mineral Resources boss 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.
Billionaire MinRes founder slams critics over balance sheet
Mineral Resources boss 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.
Mineral Resources on lithium cost-cutting mission as it exits Azure
Billionaire mining boss Chris Ellison says Mineral Resources will focus on driving down the cost of production at its WA lithium mines while prices remain depressed.
Mineral Resources Ltd Off-Market Takeover Bid for Norwest Energy Call Transcript
Mineral Resources Ltd Off-Market Takeover Bid for Norwest Energy Call Transcript
Mineral Resources Ltd Annual Shareholders Meeting Transcript
Mineral Resources Ltd Annual Shareholders Meeting Transcript
MinRes insists its lithium mines are still profitable
Chris Ellison’s Mineral Resources says its lithium mines in Western Australia are still making money and that its cost of production will fall over the next half.
Chhattisgarh's Vishnu Deo Sai Assigns Cabinet Portfolios: Who Gets What
Chhattisgarh Chief Minister Vishnu Deo Sai on Friday assigned portfolios, keeping Mineral Resources, Excise, and General Administration Department with himself while giving home to deputy CM Vijay Sha...
Ellison backs legal fight linked to Bald hill lithium mine
Mineral Resources boss Chris Ellison has put his hand up to join the board of Singapore-listed Alita Resources if a push to dump McGrathNicol as liquidators succeeds.
WA lithium mine valued at $0 based on potential adverse tax ruling
Chris Ellison’s Mineral Resources will pay $260 million for the Bald Hill lithium mine following an independent expert’s valuation complicated by a tax office investigation.
Lithium explorer director secures $28.8 million for ‘introduction’
Wildcat Resources shareholders have signed off on a $28.8 million windfall for director Alex Hewlett after he made the connection that ultimately led to Chris Ellison’s Mineral Resources emerging as a...
Chris Ellison’s MinRes reports big fall in lithium prices
Chris Ellison’s Mineral Resources is producing more lithium from two keys mines in WA, but that output is fetching much lower prices.
EVs to robots: Hastings rare earths boss eyes lithium’s ascent
Former Mineral Resources lithium boss Paul Brown will take charge at Wyloo-backed Hastings Technology Metals with one eye on the rise of robotics.
Mineral Resources touts its lithium business, increases full year dividend
(Kitco News) - ASX-listed diversified resources group Mineral Resources (ASX: MIN) announced Monday that the company generated underlying EBITDA of A$1.8 billion in the financial year ended 30 June 20...
Clean Air Metals announces departure of CEO; updates on mineral resources at Thunder Bay North
Clean Air Metals Inc has announced the departure of chief executive officer and director, Abraham Drost, effective immediately, and the appointment of Jim Gallagher as interim CEO. The search for a pe...
Mineral Resources hit by plant construction delays
(Kitco News) - Mt Marion FY23 volumes are expected to be at the lower end of spodumene concentrate guidance of 160-180k dmt (SC6 equivalent) and lithium battery chemicals sold guidance of 19.0-21.3kt.
Lomiko Announces Updated Mineral Resource Estimate for La Loutre Natural Flake Graphite Property in Southern Quebec Achieving 195% Increase in Tonnage in the Indicated Mineral Resources Category
MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce an updated Mineral Resource Estimate ("MRE") for its La Loutre Natural flake Graphi...
Mineral Resources and Mineral Reserves 2022: Boliden
STOCKHOLM , Feb. 14, 2023 /PRNewswire/ -- Boliden has identified a new mineralization in Garpenberg of 5.5 Mtonnes of Inferred Mineral Resources, which forms part of Garpenberg's Mineral Resources. Bo...
New Age Metals inks JV agreement with Mineral Resources Limited on Manitoba Lithium Division
New Age Metals Inc (TSX-V:NAM, OTCQB:NMTLF) (NAM) revealed that it has signed a final farm-in/joint venture agreement with a wholly owned subsidiary of Mineral Resources Limited (MRL), a major Austral...