The earnings call highlighted significant achievements, particularly the completion of the first ore shipment at Onslow and strong fiscal performance in FY '24. However, challenges in the mining services sector, safety concerns, and market weakness in lithium were noted. Despite these challenges, the company's liquidity and strategic expansions suggest a positive outlook.

Company Guidance -

Q4 2025

During the Mineral Resources Q4 2024 earnings call, significant guidance and metrics were shared, highlighting major developments and future prospects. The company celebrated the first shipment of ore from Onslow in May, just 11 months after initial ground-breaking, marking a pivotal moment in their 32-year history. They also reported a 49% sale of the Onslow haul road for $1.3 billion, aligning FY '24 numbers with guidance. With a TRIFR of 2.74, safety remains a priority despite a slight uptick due to Onslow's construction activities. Mining Services volumes slightly decreased to 61 million tonnes, yet the annual figure of 269 million tonnes reflected a 9% year-on-year increase, hitting the midpoint of guidance. Iron ore operations at Onslow saw smooth commissioning, with 319,000 tonnes shipped across May and June, and plans to reach 20 million tonnes per annum by year-end and 35 million by June 2025. The lithium segment reported strong FY '24 production, with SC6 shipments reaching 218,000 tonnes at Mt Marion and 201,000 tonnes at Wodgina, although costs slightly exceeded guidance. Financially, the company anticipates FY '24 net debt around $4.4 billion, bolstered by a $1.1 billion first payment from the Onslow road sale and a $600 million iron ore prepayment. The call underscored the robust growth trajectory and strategic financial maneuvers to support upcoming expansions.

First Ore on Ship at Onslow

Mineral Resources delivered its first ore on ship in May 2024, just 11 months after breaking ground at the Onslow mine, marking a significant achievement in its 32-year history.

Strong Fiscal Performance

FY '24 volumes reached 269 million tonnes, up 9% year-on-year, with numbers largely in line with guidance.

Mining Services Expansion

Commencement of the first haulage contract in Queensland with 330-tonne road trains, indicating potential growth in the region.

Iron Ore Business Success

Onslow Iron project commissioning went smoothly, with 319,000 tonnes shipped in May and June and the first Capesize vessel loading expected in early August.

Solid Lithium Business Performance

FY '24 production and shipments at Wodgina and Mt Marion were records, with a 15% increase in received prices across three sites.

Significant Liquidity

Mineral Resources reported significant liquidity of $2.8 billion as of 30 June 2024, including $900 million in cash.

Mineral Resources Limited (AU:MIN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AU:MIN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 27, 2025	2025 (Q4)	-0.26 / -	-0.24	―	―	―
Feb 18, 2025	2025 (Q2)	-1.75 / -0.99	1.01	-198.02% (-2.00)
Aug 28, 2024	2024 (Q4)	-0.49 / -0.24	1.98	-112.12% (-2.22)
Feb 21, 2024	2024 (Q2)	1.06 / 1.01	2.006	-49.65% (-1.00)
Aug 28, 2023	2023 (Q4)	1.45 / 1.98	2.31	-14.29% (-0.33)
Feb 23, 2023	2023 (Q2)	2.42 / 2.01	-0.187	1172.73% (+2.19)
Aug 28, 2022	2022 (Q4)	2.54 / 2.31	3.989	-42.09% (-1.68)	―	―
Feb 08, 2022	2022 (Q2)	0.38 / -0.19	2.281	-108.20% (-2.47)	―	―
Aug 09, 2021	2021 (Q4)	5.65 / 3.99	1.09	265.96% (+2.90)	―	―
Feb 09, 2021	2021 (Q2)	- / 2.28	4.701	-51.48% (-2.42)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AU:MIN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 18, 2025	AU$32.48	AU$30.50	-6.10%
Aug 28, 2024	AU$45.60	AU$44.18	-3.11%
Feb 21, 2024	AU$59.23	AU$58.91	-0.54%
Aug 28, 2023	AU$64.73	AU$63.53	-1.86%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mineral Resources Limited (AU:MIN) report earnings?

Mineral Resources Limited (AU:MIN) is schdueled to report earning on Aug 27, 2025, TBA (Confirmed).

What is Mineral Resources Limited (AU:MIN) earnings time?

Mineral Resources Limited (AU:MIN) earnings time is at Aug 27, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Mineral Resources Limited stock?

The P/E ratio of Mineral Resources Limited is N/A.

What is AU:MIN EPS forecast?

AU:MIN EPS forecast for the fiscal quarter 2025 (Q4) is -0.26.

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