Mineral Resources Ltd - Company Profile
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Mineral Resources Ltd (MRL) is a diversified company involved in mining services. Its main activities include the provision of pit-to-ship mining services, crushing, processing, haulage, port handling, marine services, engineering, and construction for both internal projects and external clients. The company is also an iron ore producer and an operator in the hard rock lithium sector, with a growing natural gas exploration program. Its subsidiary, CSI Mining Services, offers innovative and sustainable mining services. MRL serves Tier 1 mining clients and supports various industries with its suite of mining solutions. The company’s operations are primarily located in Western Australia, targeting both domestic and international markets. MRL is headquartered in Perth, Western Australia, Australia.
Headquarters
Australia
Address
20 Walters Drive Osborne Park, Perth, Western Australia, 6017
Website
www.mineralresources.com.au
Telephone
61 8 93293600
No of Employees
8,456
Industry
Metals and Mining
Ticker Symbol & Exchange
MIN (ASX)
Revenue (2024)
$2.9B
-15.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-823.2%
(2024 vs 2023)
Market Cap*
$8.5B
Net Profit Margin (2024)
XYZ
-952.7%
(2024 vs 2023)
* As of and is in US$
Mineral Resources Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Iron Ore | Screening |
| Lithium | Crushing |
| Spodumene | Mineral Processing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In May, the company and Jiangxi Ganfeng Lithium announced plans to expand the jointly owned Mt Marion lithium project in Western Australia. |
| 2026 | Contracts/Agreements | In April, the company partnered with Curtin University to develop ways to survey and monitor the environment to understand plant-animal interactions and protect biodiversity in remote and sensitive areas. |
| 2025 | Plans/Strategy | In November, the company announced its plans to sell a 30% stake in its Lithium Business to Posco Holdings, a steel-making company. |
Competitor Comparison
| Key Parameters | Mineral Resources Ltd | Fortescue Ltd | South32 Ltd | Perenti Ltd | Macmahon Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Perth | Perth | Perth | Perth | Perth |
| State/Province | Western Australia | Western Australia | Western Australia | Western Australia | Western Australia |
| No. of Employees | 8,456 | 11,693 | 8,892 | 10,000 | 10,220 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chris Ellison | Managing Director; Director | Executive Board | 2006 | - |
| Mark Wilson | Chief Financial Officer | Senior Management | 2018 | - |
| Darren Killeen | Chief Operating Officer | Senior Management | 2026 | - |
| Darren Hardy | Chief Executive Energy, Supply and AMG | Senior Management | 2023 | - |
| Derek Oelofse | Secretary | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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