Latest Mineral Resources (ASX:MIN) News

Mineral Resources Limited reports a challenging FY25 marked by lithium price volatility and operational hurdles, but highlights strong progress at Onslow Iron and a strategic focus on governance and deleveraging.

Mineral Resources Limited reported a challenging FY25 with a 15% drop in revenue and underlying EBITDA amid weaker commodity prices, while Onslow Iron reached its nameplate capacity, setting the stage for FY26 growth.

Mineral Resources Limited posted a $896 million statutory loss for FY25, driven by significant impairments, while Onslow Iron achieved commercial production and governance reforms reshape the board.

Mineral Resources Limited has met its FY25 production and cost guidance across all segments, boosted by a cashflow-positive Onslow Iron joint venture and record low costs at Wodgina. The company also strengthened its board and initiated a governance review.

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.

Mineral Resources Limited has lowered its FY25 volume guidance for Onslow Iron due to haulage constraints but remains on track to reach full capacity by early 2026.

Mineral Resources Limited has reported a significant expansion in the Onslow Iron Project’s Mineral Resources and Ore Reserves, underpinning its long-term growth strategy in iron ore production.

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.

Mineral Resources Limited reported a challenging FY25 half-year with a 9% revenue decline and a 55% drop in underlying EBITDA, yet its Mining Services segment and Onslow Iron project show promising growth trajectories.

Mineral Resources Limited reported a challenging first half of 2025 with significant profit declines amid weaker commodity prices, yet delivered record earnings in Mining Services and advanced its transformative Onslow Iron project.

Mineral Resources Limited posted a substantial $809 million loss for the half-year ending December 2024, driven by lower revenues and significant impairment charges, notably at its Bald Hill lithium project. The company also announced no interim dividend as it focuses on liquidity and operational transitions.

Mineral Resources Limited reports steady progress in Q2 FY25, maintaining full-year guidance while advancing Onslow Iron towards full capacity and securing significant liquidity through strategic asset sales.