Mineral Resources Limited (ASX: MIN)

Australia flag Australia · Delayed Price · Currency is AUD
32.88
-0.15 (-0.45%)
Dec 20, 2024, 4:10 PM AEST
-51.60%
Market Cap 6.41B
Revenue (ttm) 5.28B
Net Income (ttm) 125.00M
Shares Out 195.01M
EPS (ttm) 0.64
PE Ratio 51.75
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,476,691
Open 33.03
Previous Close 33.03
Day's Range 32.70 - 33.70
52-Week Range 29.51 - 79.76
Beta 1.26
Analysts n/a
Price Target n/a
Earnings Date Jan 30, 2025

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; transport and logistics; site services; rehabilitation services; and design, engineering, and construction services for resources sector. It has a portfolio of iron ore assets; and holds interests in the Wodgina lithium project, the Mount Marion pro... [Read more]

Sector Materials
Founded 1993
Employees 8,456
Stock Exchange Australian Securities Exchange
Ticker Symbol MIN
Full Company Profile

Financial Performance

In 2024, Mineral Resources's revenue was 5.28 billion, an increase of 10.44% compared to the previous year's 4.78 billion. Earnings were 125.00 million, a decrease of -48.56%.

Financial Statements

News

Chris Ellison quits as Delta Lithium chairman ‘effective immediately’

The businessman said he was leaving the junior explorer to focus on Mineral Resources, where he intends to quit as managing director within 18 months.

26 days ago - The Australian Financial Review

Chris Ellison and MinRes choose the path of most avoidance

For the Mineral Resources founder, as well as its chairman, James McClements, temporary embarrassment is a price worth paying.

4 weeks ago - The Australian Financial Review

Mineral Resources boss Chris Ellison tells shareholders ‘I hate what I’ve done’ after scandals rock company

Perth businessman tells AGM he made ‘error in judgment’ as company’s executive pay plans are voted down Follow our Australia news live blog for latest updates Get our breaking news email , free app or...

4 weeks ago - The Guardian

Mining Boss Ellison Tells Investors: ‘I Hate What I’ve Done’

Chris Ellison, the managing director and founder of Mineral Resources Ltd., told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal ta...

4 weeks ago - BNN Bloomberg

Mineral Resources claws back $158,000 in rent relief to corporate entities linked to embattled boss Chris Ellison’s daughter

Billionaire mining executive made headlines earlier this year when he said of workers ‘I want to hold them captive all day long’ in office Follow our Australia news live blog for latest updates Get ou...

5 weeks ago - The Guardian

Mineral Resources Paid Rent of Entities Tied to Ellison

Mineral Resources Ltd. said it paid rent to entities associated with its Managing Director Chris Ellison amounting to well over A$34 million ($21.9 million) between 2007 to 2024, according to a filing...

5 weeks ago - BNN Bloomberg

MinRes mothballs Bald Hill mine as lithium collapse takes toll

About 300 jobs are at risk after Mineral Resources became the latest producer to fall victim to the dive in prices for the battery metal.

5 weeks ago - The Australian Financial Review

Troubled Mineral Resources Halts Lithium Mine as Woes Mount

Embattled Australian miner Mineral Resources Ltd. will immediately shut its Bald Hill lithium project, citing the crash in prices of the key battery material.

5 weeks ago - BNN Bloomberg

Meet Chris Ellison’s personal accountant

Yenna Ong, the number cruncher who managed the Mineral Resources founder’s private affairs, rapidly gained great power. Then just as suddenly, she was gone.

6 weeks ago - The Australian Financial Review

MinRes saga exposes ESG’s existential crisis (and here comes Trump)

Scandals at Mineral Resources and WiseTech raise hard questions for investors who care about governance and culture. Now Donald Trump’s win raises existential problems for ESG.

6 weeks ago - The Australian Financial Review

Major Australian Pension Fund Adds Pressure on Mineral Resources’ Board

One of Australia’s largest pension funds, A$88 billion ($58.8 billion) HESTA, has added to growing pressure on Mineral Resources Ltd. to act further on governance concerns surrounding founder Chris El...

6 weeks ago - BNN Bloomberg

MinRes directors slammed over big bonuses to Ellison

A proxy adviser has told Mineral Resources shareholders to consider dumping more directors and has slammed the board for paying bonuses to boss Chris Ellison.

6 weeks ago - The Australian Financial Review

MinRes board urged to name names in alleged tax racket

A proxy adviser has turned the spotlight onto the long-serving Mineral Resources directors who were supposed to be scrutinising Chris Ellison’s behaviour.

6 weeks ago - The Australian Financial Review

Why every director should fear a MinRes on their watch

Who’s happy at Mineral Resources? No one. That’s what happens when you’re jammed between investors and the outside world.

6 weeks ago - The Australian Financial Review

Inside the two-week unravelling of Chris Ellison’s hold on his empire

Monday’s attempt to draw a line in the sand still leaves unanswered questions for shareholders and investigators about the goings-on at Mineral Resources.

6 weeks ago - The Australian Financial Review

Tyrrell inquest examines foster mother theory; Trump says he ‘shouldn’t have left’ White House; and a Coldplay stage tumble

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon. An inquest into the disappearance of toddler...

6 weeks ago - The Guardian

Ellison should leave MinRes, today. Investors gave him a reprieve

In as good an example of investor Stockholm syndrome as you’ll ever see, Mineral Resources investors have saved the company’s managing director for up to 18 months.

6 weeks ago - The Australian Financial Review

Mineral Resources boss Chris Ellison shown exit after revelation he used company resources for personal benefit

Billionaire mining CEO fined $8.8m amid investigation, which follows accusations he failed to disclose revenue generated by overseas entities to tax authorities Follow our Australia news live blog for...

6 weeks ago - The Guardian

Australian Mining Billionaire Ellison to Step Down After Probe Into Undeclared Payments

Mineral Resources Ltd. said its tycoon founder, Chris Ellison, will be penalized A$8.8 million ($5.8 million) and will step down within 18 months after the Australian miner launched an investigation i...

6 weeks ago - BNN Bloomberg

Australian Mining Richest Gina Rinehart and Andrew Forrest: The Billion-Dollar Rivalry Intensifies

The longstanding rivalry between mining magnates Gina Rinehart and Andrew Forrest has escalated after a recent billion-dollar acquisition by Mineral Resources. Described by some as the Australian coun...

7 weeks ago - CEOWORLD magazine

Ellison’s executives revealed as owners in blockbuster lithium IPO

Mark Wilson was among a group of executives who report to Chris Ellison, who bought into Kali Metals – the miner targeted by Mineral Resources.

7 weeks ago - The Australian Financial Review

Chris Ellison-style tax deals in the public interest: ATO

The Tax Office says secret legal settlements like its controversial deal with Mineral Resources founder Chris Ellison are subject to strict independent oversight.

7 weeks ago - The Australian Financial Review

WiseTech’s Richard White returns to the Dubai high life

Mineral Resources boss Chris Ellison isn’t the only billionaire riding out a scandal from overseas.

7 weeks ago - The Australian Financial Review

Hedge fund L1 buys up Mineral Resources during the scandal sell-off

The investor lifted its stake in the troubled miner to 6.5 per cent in the same week that fellow shareholder AustralianSuper sold down its position.

7 weeks ago - The Australian Financial Review

How Chris Ellison’s secrets came to light

Allegations of serial tax evasion have raised questions about how the miner Mineral Resources is being run.

2 months ago - The Australian Financial Review