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Mineral Resources Swings Back to Profit as Revenue Climbs 33%

Story Highlights
  • Mineral Resources posted a sharp half-year turnaround, lifting revenue 33% to $3.05 billion and returning to a $495 million profit while maintaining its no-dividend stance.
  • The company deepened its network of associates and joint ventures, adding lithium technology and community-based mining services ventures to bolster its diversified resources portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mineral Resources Swings Back to Profit as Revenue Climbs 33%

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Mineral Resources Limited ( (AU:MIN) ) has provided an update.

Mineral Resources Limited reported a strong turnaround for the half-year ended 31 December 2025, with revenue rising 33% to $3.05 billion and profit attributable to owners rebounding to $495 million from a prior-year loss of $809 million. Net tangible assets per share increased to $21.13 from $18.67, though the company again opted not to declare interim or final dividends for the 2024 and 2025 financial years.

The group’s portfolio of associates and joint ventures contributed mixed results, with Aquila Resources delivering an $18 million profit contribution while several lithium-focused holdings posted small losses. Mineral Resources also expanded or formalised a number of joint ventures, including new mining services partnerships and a 50% stake in LieNA Pty Ltd to develop lithium processing technology, underscoring its strategic push into value-added lithium and broader mining services collaborations.

The most recent analyst rating on (AU:MIN) stock is a Buy with a A$75.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

More about Mineral Resources Limited

Mineral Resources Limited is an Australian mining and mining services group with interests spanning iron ore, lithium and contract mining operations. The company also holds stakes in a range of associates and joint ventures, including lithium and iron ore projects and mining services partnerships, positioning it as a diversified player in the resources and mining services sectors.

Average Trading Volume: 1,285,165

Technical Sentiment Signal: Buy

Current Market Cap: A$10.2B

Learn more about MIN stock on TipRanks’ Stock Analysis page.

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