Latest Rdg News

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration after a funding request was declined, prompting an expected impairment in MinRes’s FY25 results.

Resource Development Group Limited has been suspended from ASX trading following the appointment of voluntary administrators, reflecting serious financial distress and regulatory breaches.

Resource Development Group Limited and its subsidiaries have appointed voluntary administrators, continuing operations while exploring sale or recapitalisation options with backing from majority shareholder Mineral Resources Limited.