Mineral Resources Limited (ASX: MIN)

Australia flag Australia · Delayed Price · Currency is AUD
78.61
+0.61 (0.78%)
May 17, 2024, 4:10 PM AEST
6.79%
Market Cap 15.33B
Revenue (ttm) 4.94B
Net Income (ttm) 392.00M
Shares Out 194.30M
EPS (ttm) 1.97
PE Ratio 40.73
Forward PE 17.48
Dividend 0.90 (1.15%)
Ex-Dividend Date Mar 1, 2024
Volume 1,188,798
Open 78.00
Previous Close 78.00
Day's Range 77.68 - 79.27
52-Week Range 52.52 - 79.27
Beta 1.28
Analysts n/a
Price Target 71.68 (-8.82%)
Earnings Date Feb 21, 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]

Sector Materials
Founded 1993
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol MIN
Full Company Profile

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 Statements

News

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.

7 days ago - The Australian Financial Review

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.

5 weeks ago - The Australian Financial Review

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.

5 weeks ago - The Australian Financial Review

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

7 weeks ago - The Australian Financial Review

'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....

2 months ago - Benzinga

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...

2 months ago - CEOWORLD magazine

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.

3 months ago - The Australian Financial Review

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.

3 months ago - The Australian Financial Review

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.

3 months ago - The Australian Financial Review

Mineral Resources Ltd Off-Market Takeover Bid for Norwest Energy Call Transcript

Mineral Resources Ltd Off-Market Takeover Bid for Norwest Energy Call Transcript

3 months ago - GuruFocus

Mineral Resources Ltd Annual Shareholders Meeting Transcript

Mineral Resources Ltd Annual Shareholders Meeting Transcript

3 months ago - GuruFocus

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.

4 months ago - The Australian Financial Review

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...

5 months ago - NDTV

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.

5 months ago - The Australian Financial Review

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.

6 months ago - The Australian Financial Review

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...

6 months ago - The Australian Financial Review

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.

7 months ago - The Australian Financial Review

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.

8 months ago - The Australian Financial Review

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...

9 months ago - Kitco

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...

1 year ago - Proactive Investors

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.

1 year ago - Kitco

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...

1 year ago - Business Wire

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...

1 year ago - PRNewsWire

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...

1 year ago - Proactive Investors

New Age Metals to advance Manitoba lithium projects with approval of $1.8M exploration program by partner Mineral Resources

New Age Metals (TSX-V:NAM, OTCQB:NMTLF) Inc has said it is set to progress its lithium projects this spring after the 2022 exploration budget and program for its Manitoba lithium division have receive...

2 years ago - Proactive Investors