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Iron ore, lithium, mining services. Revenue. $3.7 billion (2021) Net income. $1.9 billion (2021) Website. www.mineralresources.com.au. Mineral Resources Limited (also shortened to MinRes) is a Western Australian mining services company.
Mineral Resources was floated on the Australian Stock Exchange (ASX) in 2006 at 90 cents per share. By 2022 the company's share price had risen to an all-time high of over $71 per share, with Ellison holding around 12 percent of the company. [4] In 2023, Ellison's compensation as managing director of Mineral Resources was AU$6 million. [5]
The mine is operated by Mineral Resources Limited with a royalty interest to BCI Minerals. Under the terms of the agreement, Mineral Resources is obliged to pay BCI a minimum royalty of A$1.5 million per quarter, whether the mine is in production or not, with the former also footing the all cost of operations.
Mineral Resources Limited's (ASX:MIN) latest earnings update in June 2018 indicated that the business benefited from a strong tailwind, eventuating to a double-digit earnings growth of 35%. Below ...
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Mineral Resources Limited. Website. www.mineralresources.com.au. Year of acquisition. 2017. The Wodgina mine is an exhausted iron ore mine located in the Pilbara region of Western Australia, 90 kilometres south of Port Hedland. [2] The mine was operated by Atlas Iron Limited. The facilities and tenements are shared, by contract, with Global ...
Mineral Resources Development Company. Mineral Resources Development Company Limited (MRDC) was established in 1975 and is 100% owned by the Government of Papua New Guinea. It was initially established as the State Nominee to acquire the State and Landowner equity interests in mining and petroleum projects and to manage the equity funds for ...