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Mineral Resources MIN.AX · AUD

Materials · ASX · 🇦🇺 Australia

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48.83

+4.81%

Close of 9 Nov 2026, in AUD

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About Mineral Resources

Its shares trade on ASX under the ticker MIN.AX. It has been listed since 28 July 2006. In the fiscal year to 30 June 2026, it reported revenue of A$6.46bn and net income of A$1.06bn. At that date it held total assets of A$12.88bn and shareholders' equity of A$4.34bn.

Mineral Resources Ltd. engages in mining and processing of mineral properties. The firm owns a portfolio of mining operations across lithium and iron ore. The company provides mining services through CSI Mining Services and Process Minerals International (PMI). Its services include open pit mining, crushing, processing, supply chain services, port operations, site services and marketing and shipping. The company operates mine sites in the Pilbara and Goldfields regions of Western Australia, including Iron Valley, Koolyanobbing and Wodgina. Iron Valley is located in the Pilbara region. Iron Valley and Koolyanobbing sites are focused on iron ore and Wodgina is focused on lithium. The firm also has a commodities portfolio located in the Pilbara and Yilgarn regions in Western Australia. Its commodities portfolio includes iron ore, lithium and graphite.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
28 Jul 2006
Employees
2,646

Leadership

Pay as last reported

  • Mr. James McclementsIndependent Non-Executive Chairman of the BoardA$410,000
  • Mr. Mark WilsonChief Financial Officer, Company SecretaryA$1.2m
  • Mr. Michael GreyChief Executive - Mining ServicesA$1.0m
  • Mr. Chris SoccioChief Executive – Iron OreA$1.4m
  • Mr. Joshua ThurlowChief Executive – LithiumA$1.5m
  • Mr. Christopher EllisonManaging Director, Executive Director, since 2006A$1.6m
  • Mr. Derek OelofseJoint Company Secretary
  • Ms. Susan CorlettIndependent Non-Executive DirectorA$238,333
  • Ms. Colleen HaywardIndependent Non-Executive DirectorA$266,333
  • Mr. Justin LangerIndependent Non-Executive DirectorA$218,333
  • Ms. Denise MccomishNon-Executive Independent DirectorA$130,833
  • Ms. Jacqueline McGillNon-Executive Independent DirectorA$92,717

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
96
Environment
99
Social
99
Governance
89
Direct emissions (scope 1)
704,980 t
Energy emissions (scope 2)
11,054 t
Women in the workforce
22.3%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Mineral Resources Ltd (MRL) possesses several strengths that contribute to its overall success in the mining sector. Firstly, the company has a diversified portfolio of mineral assets, allowing it to leverage different market conditions and optimize its revenue streams. Secondly, MRL operates advanced mining infrastructure and employs modern technology, enabling efficient extraction and processing of minerals. This technological advantage positively impacts the company's productivity, operational costs, and environmental sustainability.
  • Thirdly, MRL has a talented workforce comprising experienced professionals who possess significant knowledge in mineral exploration, extraction, and processing. This expertise enhances the company's ability to identify and capitalize on lucrative mining opportunities. Additionally, MRL has established strategic partnerships and supply chain networks, facilitating reliable access to key markets and customers.

Weaknesses

  • Despite its strengths, Mineral Resources Ltd faces certain weaknesses that may hinder its growth and profitability. One major weakness is the company's dependence on volatile commodity prices. Fluctuations in mineral prices can significantly impact MRL's revenue and profitability, making it vulnerable to market downturns.
  • Furthermore, MRL's reliance on mining operations exposes it to various operational risks such as geological challenges, regulatory changes, and potential environmental impacts. Managing these risks effectively necessitates continuous monitoring, adaptation, and compliance with stringent regulations.

Opportunities

  • Mineral Resources Ltd can capitalize on several opportunities to further strengthen its market position. Firstly, the global shift towards clean energy presents a significant opportunity for MRL, as minerals like lithium and cobalt are essential for renewable energy technologies. Strategic investments and partnerships in the renewable energy sector can diversify MRL's revenue sources and mitigate the impact of market fluctuations.
  • Secondly, the increasing demand for rare earth minerals, critical for high-tech industries, offers MRL an opportunity to expand its exploration and mining activities in this sector. Additionally, MRL can explore emerging markets with significant mineral reserves, leveraging its expertise and infrastructure for profitable operations.

Threats

  • Several threats pose challenges to Mineral Resources Ltd's operations and future prospects. Firstly, intensifying competition within the mining industry from both established companies and emerging players can impact MRL's market share and profitability. Maintaining a competitive edge would require continuous innovation, cost optimization, and focus on operational excellence.
  • Secondly, strict environmental regulations, particularly regarding carbon emissions and land rehabilitation, pose a threat to MRL's operations. Non-compliance with these regulations can result in substantial financial penalties as well as reputational damage. Adapting to and investing in sustainable mining practices will be crucial in mitigating these threats.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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