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Mineral Resources Limited
(Sydney:MIN)
Mineral Resources Limited (MIN) vs. iShares MSCI Australia ETF (EWA)
Mineral Resources Limited Business Overview & Revenue Model
Mineral Resources Limited Earnings Call Summary
Mineral Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.47B | 4.47B | 5.28B | 4.78B | 3.42B | 3.73B |
| Gross Profit | 3.82B | 3.82B | 1.97B | 2.75B | 1.89B | 2.37B |
| EBITDA | 744.00M | 744.00M | 995.00M | 1.05B | 962.90M | 2.15B |
| Net Income | -904.00M | -904.00M | 125.00M | 243.30M | 349.20M | 1.27B |
Balance Sheet | ||||||
| Total Assets | 11.93B | 11.93B | 12.23B | 8.40B | 7.60B | 5.72B |
| Cash, Cash Equivalents and Short-Term Investments | 443.00M | 443.00M | 908.00M | 1.38B | 2.43B | 1.54B |
| Total Debt | 5.76B | 5.76B | 5.34B | 3.23B | 3.13B | 1.26B |
| Total Liabilities | 8.27B | 8.27B | 8.65B | 4.87B | 4.33B | 2.48B |
| Stockholders Equity | 3.23B | 3.23B | 3.54B | 3.48B | 3.23B | 3.20B |
Cash Flow | ||||||
| Free Cash Flow | -2.63B | -2.63B | -2.31B | -467.20M | -720.10M | 549.70M |
| Operating Cash Flow | -475.00M | -475.00M | 1.45B | 1.35B | 279.80M | 1.31B |
| Investing Cash Flow | -1.27B | -1.27B | -3.87B | -1.90B | -654.30M | -816.00M |
| Financing Cash Flow | 1.25B | 1.25B | 1.97B | -516.40M | 1.23B | -435.50M |
Mineral Resources Limited Technical Analysis
Mineral Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$2.17B | 13.96 | 151.89% | 5.39% | 6.54% | 0.48% | |
| ― | $2.92B | 15.37 | 7.84% | 0.84% | -4.84% | -30.61% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | $10.40B | ― | -5.63% | ― | -38.69% | -174.12% | |
| ― | $8.81B | ― | -26.55% | ― | -15.27% | -817.26% | |
| ― | AU$3.21B | -12.94 | -7.26% | 5.41% | -2.30% | -234.27% | |
| ― | $4.41B | ― | -35.65% | ― | -37.23% | -32433.33% |
Mineral Resources Limited Corporate Events
Mineral Resources Limited has released its 2025 Financial Year Sustainability Report, highlighting its ongoing commitment to sustainable practices in its operations. This report underscores the company’s focus on environmental responsibility and may impact its industry positioning by reinforcing its dedication to sustainability, potentially influencing stakeholder perceptions and investment decisions.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles, highlighting their commitment to transparency and accountability in management and oversight. This move is expected to reinforce stakeholder confidence and ensure compliance with regulatory standards.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has released its 2025 Corporate Governance Statement, highlighting its commitment to maintaining high standards of corporate governance. This release is significant as it underscores the company’s dedication to transparency and accountability, which are crucial for its operations and stakeholder trust.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has released its 2025 Financial Year Annual Report, which is now available on their website for shareholders. This report provides insights into the company’s performance and sustainability efforts, reflecting its ongoing commitment to transparency and stakeholder engagement.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Mineral Resources Limited as of October 10, 2025. This change in holdings may impact the company’s shareholder structure and influence its market positioning, as JPMorgan’s involvement in the company has been significant.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has announced the appointment of Susan Ferrier and Colin Moorhead as Independent Non-Executive Directors, effective October 10, 2025. These appointments are part of the company’s ongoing commitment to enhancing board independence and governance standards. Susan Ferrier brings extensive experience in governance, cultural transformation, and human resources, while Colin Moorhead offers nearly four decades of expertise in mining exploration, project development, and operational leadership. Their combined expertise is expected to strengthen the board’s capability, aiding the company in disciplined capital management and stakeholder engagement, ultimately delivering sustainable value for shareholders.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$28.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has announced an allotment of shares to its Non-Executive Directors as part of their Director Fees for the quarter ending 30 September 2025. This move reflects the company’s ongoing strategy to align the interests of its directors with those of its shareholders, potentially enhancing governance and stakeholder confidence.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$49.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has appointed Sarah Standish as joint Company Secretary, effective from 6 October 2025. With 20 years of experience in legal, governance, risk, and compliance roles in the mining and energy sectors, Ms. Standish will share responsibilities with Derek Oelofse. She replaces Mark Wilson, who will continue as Chief Financial Officer. This appointment reflects the company’s focus on strengthening its governance and compliance functions.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$41.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has successfully completed a US$700 million offering of 7.000% Senior Unsecured Notes due 2031. The proceeds from this offering will be used to refinance existing notes due in May 2027, potentially strengthening the company’s financial position and providing greater flexibility in managing its debt obligations.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$35.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Mineral Resources Limited as of September 26, 2025. This change in holdings, involving transactions by JPMorgan Chase Bank, N.A., J.P. Morgan Securities PLC, and J.P. Morgan Securities Australia Limited, may impact the company’s shareholder structure and influence within the market.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$41.50 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has completed upgrades to the Onslow Iron private haul road, allowing for the resumption of unconstrained haulage at normal speeds. The project, which included improvements to pavement strength and moisture resistance, shipped a record 3.2 million tonnes of ore in August 2025, highlighting its strong performance and contribution to the company’s financial stability and growth.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$43.20 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has executed a binding Asset and Share Sale Agreement to acquire the assets of Resource Development Group Limited, including the Lucky Bay garnet mine, following creditor approval of the proposed Deed of Company Arrangement. This strategic acquisition aims to realize value for MinRes shareholders, with all decisions made independently by the MinRes Board to avoid conflicts of interest.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$21.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited announced its intention to offer up to US$700 million of Senior Unsecured Notes due 2031, subject to market conditions. The proceeds from this offering are intended to refinance existing notes due in May 2027, potentially strengthening the company’s financial position and operational flexibility.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$43.20 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited announced the issuance of 1,113,212 fully paid ordinary securities, which are to be quoted on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering benefits to stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:MIN) stock is a Sell with a A$30.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited’s recent earnings call painted a generally positive picture, highlighting robust performance across several segments, particularly in mining services and lithium production. Despite some challenges, such as safety incidents and seasonal impacts, the overall sentiment was optimistic, with the highlights outweighing the lowlights.
Mineral Resources Limited is an Australian company engaged in mining activities and the integrated supply of goods and services to the resources sector. The company operates primarily in the mining industry, with a focus on iron ore and lithium production.
Mineral Resources Limited has released its full-year results for FY25, emphasizing the importance of non-IFRS financial measures like EBITDA to assess its business performance. The company assures stakeholders of the stability of its ore reserves and mineral resources estimates, despite normal mining depletion. The announcement highlights the company’s commitment to transparency and accuracy in its financial and operational reporting, which is crucial for maintaining investor confidence.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$40.40 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has faced significant challenges in the 2025 financial year, impacting its reputation. The company is actively addressing these issues through governance improvements, leadership succession planning, and financial discipline. New board appointments and a focus on governance and compliance are part of the strategy to reposition the company for sustainable growth. The company is also prioritizing a strengthened balance sheet and disciplined capital allocation, with plans to accelerate organic and inorganic deleveraging.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$40.40 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited reported its financial results for the fiscal year ending June 2025, highlighting a challenging year with a statutory net loss after tax of $896 million, largely due to post-tax impairment charges. Despite a 15% decline in revenue to $4.5 billion, the company managed to maintain strong liquidity and operational performance, particularly in its Mining Services division, which achieved record production volumes. The Onslow Iron joint venture reached commercial production and operated cash-flow positive, contributing to the company’s strategic positioning in the iron ore market. The company also focused on optimizing its lithium operations to preserve value amid weak market conditions.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$40.40 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has released its 2025 financial report, providing a comprehensive overview of its financial performance over the past year. The report includes detailed financial statements, directors’ and auditors’ reports, and other relevant disclosures. This release is crucial for stakeholders as it offers insights into the company’s fiscal health and strategic direction, potentially impacting investor decisions and market positioning.
The most recent analyst rating on (AU:MIN) stock is a Buy with a A$40.40 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited has issued Appendix 3Y and 3Z notifications concerning a change in the director’s interest for Justin Langer. This update reflects an acquisition of 429 ordinary shares, impacting the director’s total holdings and potentially influencing stakeholder perceptions of the company’s governance and financial strategies.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited announced a change in its Remuneration and People Committee following the resignation of Justin Langer. Ross Carroll has been appointed to the committee, joining Malcolm Bundey as Chair and Colleen Hayward, ensuring continued independent oversight of remuneration and people-related matters.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited, a company involved in the mining industry, has experienced a change in its substantial holders. JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Mineral Resources Limited as of August 1, 2025. This change involved transactions such as securities on loan, rehypothecation of client securities, and purchase and sales of securities. The shift in substantial holding could impact the company’s shareholder structure and influence its market dynamics.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Dynamic Metals Limited, in collaboration with Mineral Resources Limited, has announced updates to their Widgiemooltha Lithium Joint Venture. The revised agreement extends the earn-in period by two years and adjusts the Stage 2 earn-in requirement to $14 million, while refining the tenement package to focus on the most promising lithium prospects. This strategic adjustment reflects a collaborative approach to address current challenges in the lithium sector and underscores both companies’ commitment to advancing exploration and development activities.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited reported strong operational performance for the quarter ending June 2025, achieving volume and cost guidance across all business segments. The company strengthened its board with new appointments and maintained robust liquidity, with over $1.1 billion available. The Onslow Iron joint venture is progressing well, and the company recorded a low FOB cost at Wodgina, indicating effective cost management. The company is also addressing governance and balance sheet improvements, which are expected to enhance its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.
Mineral Resources Limited (MinRes) has announced that Resource Development Group Limited (RDG), of which MinRes is a secured creditor and holds a 64.31% stake, has entered voluntary administration. MinRes declined a request from RDG for a cash advance to meet operating expenses, leading to RDG’s decision to appoint voluntary administrators. MinRes is working with the administrators to finalize funding terms and expects to recognize a non-cash impairment expense in its FY25 results. The company is focused on protecting its interests and those of its shareholders during the administration process.
The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.