Mineral Resources Ltd (ASX: MIN) Share Price and News

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Mineral Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.93 billion
P/E Ratio 28.91
Dividend Yield 1.61%
Shares Outstanding 195.95 million
Earnings per share 1.929
Dividend per share 0.90
Year To Date Return -20.06%
Earnings Yield 3.46%
Franking 100%
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as at 24 Feb 3:44pm

  • Mineral Resources Ltd (ASX: MIN)
    Latest News

    A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
    Share Fallers

    Why Guzman y Gomez, KMD, Mineral Resources, and Pilbara Minerals shares are sinking

    These shares are ending the week in the red. But why?

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    Mining workers in high vis vests and hard hats discuss plans for the mining site they are at as heavy equipment moves earth behind them, representing opportunities among ASX 200 shares as nominated by top broker Macquarie
    Materials Shares

    Mineral Resources shares fall on big iron ore news

    This mining giant is closing down its Yilgarn Hub at the end of the year.

    Read more »

    A female worker in a hard hat smiles in an oil field.
    Materials Shares

    Buy Rio Tinto and these 4 ASX mining stocks in June

    Analysts think these miners could offer outsized returns over the next 12 months.

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    Model bear in front of falling line graph, cheap stocks, cheap ASX shares
    Materials Shares

    Don't listen to the bears! Buy this ASX mining stock

    One broker thinks investors should be bullish on this miner.

    Read more »

    Woman in yellow hard hat and gloves puts both thumbs down
    Materials Shares

    Guess which popular ASX 200 mining stock could crash over 30%

    Goldman Sachs is tipping this miner's shares to take a tumble.

    Read more »

    A woman holds a tape measure against a wall painted with the word BIG, indicating a surge in gowth shares
    Broker Notes

    Is it time to cash in these 2 ASX large-cap stocks?

    Go big or go home? Experts weigh in on the verdict.

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    A happy construction worker or miner holds a fistfull of Australian money, indicating a dividends windfall
    Materials Shares

    Mineral Resources shares race higher on $1.3b asset sale

    This miner is swimming in cash after selling a stake in its haul road.

    Read more »

    Smiling man with phone in wheelchair watching stocks and trends on computer
    Share Market News

    5 things to watch on the ASX 200 on Thursday

    It looks set to be another great session for Aussie investors today.

    Read more »

    A woman with strawberry blonde hair has a huge smile on her face and fist pumps the air having seen good news on her phone.
    Broker Notes

    Bell Potter names the best ASX shares to buy in June

    These shares have been given a big thumbs up by the broker this month.

    Read more »

    A group of people in suits and hard hats celebrate the rising share price with champagne.
    Materials Shares

    Mineral Resources is joining forces with this micro-cap lithium share

    The two parties have signed a lithium deal for the Norseman Project.

    Read more »

    A man holding a cup of coffee puts his thumb up and smiles while at laptop.
    Blue Chip Shares

    Buy these ASX 200 blue-chip stocks for 20% returns

    Analysts think big returns could be on offer from these shares.

    Read more »

    A woman sits at her computer with her chin resting on her hand as she contemplates her next potential investment.
    Resources Shares

    Up 51% from their 52-week low, is it too late to buy Mineral Resources shares?

    Mineral Resources has been on a tear since mid-January. Do these top brokers think it's too late to buy?

    Read more »

    Frequently Asked Questions

    Yes, Mineral Resources has historically paid two fully franked shareholder dividends a year in March and September.

    Yes, Mineral Resources has a dividend reinvestment plan that allows eligible shareholders to re-invest dividends into additional Mineral Resources shares.

    Mineral Resources Ltd listed on the ASX on 28 July 2006.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Mar 2024 $0.2000 100.00% Interim 26 Mar 2024
    08 Sep 2023 $0.7000 100.00% Final 27 Sep 2023
    09 Mar 2023 $1.2000 100.00% Interim 30 Mar 2023
    02 Sep 2022 $1.0000 100.00% Final 23 Sep 2022
    17 Aug 2021 $1.7500 100.00% Final 07 Sep 2021
    16 Feb 2021 $1.0000 100.00% Interim 09 Mar 2021
    25 Aug 2020 $0.7700 100.00% Final 15 Sep 2020
    28 Feb 2020 $0.2300 100.00% Interim 26 Mar 2020
    09 Sep 2019 $0.3100 100.00% Final 04 Oct 2019
    15 Mar 2019 $0.1300 100.00% Interim 17 Apr 2019
    31 Aug 2018 $0.4000 100.00% Final 27 Sep 2018
    15 Feb 2018 $0.2500 100.00% Interim 08 Mar 2018
    30 Aug 2017 $0.0000 100.00% Final 20 Sep 2017
    23 Feb 2017 $0.2100 100.00% Interim 15 Mar 2017
    31 Aug 2016 $0.2100 100.00% Final 15 Sep 2016
    24 Feb 2016 $0.0850 100.00% Interim 04 Mar 2016
    03 Sep 2014 $0.3200 100.00% Final 10 Oct 2014
    14 Mar 2014 $0.3000 100.00% Interim 10 Apr 2014
    16 Sep 2013 $0.3200 100.00% Final 25 Oct 2013
    15 Mar 2013 $0.1600 100.00% Interim 11 Apr 2013
    17 Sep 2012 $0.3000 100.00% Final 26 Oct 2012
    09 Mar 2012 $0.1600 100.00% Interim 05 Apr 2012
    16 Sep 2011 $0.2700 100.00% Final 20 Oct 2011
    10 Mar 2011 $0.1500 100.00% Interim 07 Apr 2011
    16 Sep 2010 $0.1360 100.00% Final 18 Nov 2010

    MIN ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Mineral Resources Ltd

    Mineral Resources Ltd (ASX: MIN) is a leading mining services company with a portfolio of mining operations across multiple commodities, including iron ore and lithium. 

    Its mining services segment provides pit-to-port services to clients across Western Australia and the Northern Territory. The company also operates mine sites in the Pilbara and Goldfields regions, shipping its product through Port Hedland and Esperance.

    Mineral Resources is now Australia's fifth-largest producer of iron ore with three iron ore hubs and another two in development. It aims to become a top five lithium hydroxide producer, creating a cost advantage through a vertically integrated business model which will see the company manufacture batteries. 

    The company listed on the ASX in 2006 after the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder.

    MIN Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Jun 2024 $55.76 $-4.20 -7.00% 4,393,387 $58.55 $58.74 $55.62
    20 Jun 2024 $59.96 $-0.61 -1.01% 996,400 $60.00 $60.96 $59.96
    19 Jun 2024 $60.57 $-0.78 -1.27% 2,335,800 $61.52 $61.54 $60.40
    18 Jun 2024 $61.35 $0.34 0.56% 2,094,156 $61.25 $62.07 $60.49
    17 Jun 2024 $61.01 $-1.36 -2.18% 1,238,111 $61.97 $62.05 $60.92
    14 Jun 2024 $62.37 $-0.74 -1.17% 656,425 $63.00 $63.12 $62.33
    13 Jun 2024 $63.11 $-1.03 -1.61% 938,209 $64.18 $64.27 $62.82
    12 Jun 2024 $64.14 $-2.37 -3.56% 992,640 $66.14 $66.25 $63.80
    11 Jun 2024 $66.51 $-2.12 -3.09% 845,081 $67.87 $67.87 $66.34
    07 Jun 2024 $68.63 $-0.72 -1.04% 575,659 $69.90 $70.49 $68.63
    06 Jun 2024 $69.35 $-0.20 -0.29% 1,378,648 $71.75 $72.49 $68.18
    05 Jun 2024 $69.55 $-1.27 -1.79% 676,671 $70.19 $70.61 $69.30
    04 Jun 2024 $70.82 $-1.05 -1.46% 592,881 $71.33 $71.49 $70.69
    03 Jun 2024 $71.87 $0.21 0.29% 357,447 $72.18 $72.86 $71.87
    31 May 2024 $71.66 $0.15 0.21% 2,036,281 $72.35 $72.35 $70.28
    30 May 2024 $71.51 $-2.16 -2.93% 714,090 $73.13 $73.42 $71.00
    29 May 2024 $73.67 $-1.32 -1.76% 674,149 $74.10 $75.19 $73.67
    28 May 2024 $74.99 $-0.11 -0.15% 360,629 $75.10 $75.55 $74.68
    27 May 2024 $75.10 $-0.20 -0.27% 343,834 $75.75 $75.80 $74.82

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    26 Mar 2024 Christopher Ellison Issued 1,511 $99,302
    Dividend Reinvestment Plan (DRP). VWAP, 22,472,927
    31 Jan 2024 Kelvin Flynn Issued 137 $8,213
    Director remuneration. VWAP
    27 Sep 2023 Christopher Ellison Issued 4,912 $344,036
    Dividend Reinvestment Plan (DRP). VWAP
    29 Aug 2023 Christopher Ellison Exercise 173,872 $12,080,626
    Conversion of securities. Post holding as per announcement on 04-09-2023
    29 Aug 2023 Christopher Ellison Buy 173,872 $12,080,626
    Conversion of securities.
    30 Jun 2023 James McClements Issued 726 $51,858
    Director remuneration. VWAP
    30 Jun 2023 Lulezim(Zimi) Meka Issued 369 $26,357
    Director remuneration. VWAP
    30 Jun 2023 Xi Xi Issued 336 $24,000
    Director remuneration. VWAP
    30 Jun 2023 Susan (Susie) Corlett Issued 363 $25,929
    Director remuneration. VWAP
    30 Jun 2023 Colleen Hayward Issued 336 $24,000
    Director remuneration. VWAP
    30 Jun 2023 Justin Langer Issued 336 $24,000
    Director remuneration. VWAP
    30 Jun 2023 Kelvin Flynn Issued 363 $25,929
    Director remuneration. VWAP

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr James Timothy McClements Lead Independent Non-Executive DirectorNon-Executive DirectorNon-Executive Chairman May 2015
    Mr McClements has more than 35 years of experience in the mining industry as a banker and fund manager financing projects globally. He was raised and educated in the Pilbara region of Western Australia and began his professional career with BHP Limited before joining Standard Chartered Bank in Perth and N.M. Rothschild & Sons in Sydney then Denver. James also spent 11 years in the USA and co-founded Resource Capital Funds during that time. James is the Managing Partner of RCF and has Board experience having served as a director of 12 RCF portfolio companies.
    Mr Lulezim(Zimi) Hysni Meka Non-Executive Director May 2022
    Mr Meka is Chief Executive Officer and a founding director of consulting and engineering firm, Ausenco Pty Ltd. He has more than 40 years of experience in the design, construction and operation of minerals processing plants and infrastructure, both in Australia and internationally. He has grown Ausenco from its inception in Australia into a well-respected global business with more than 3,000 people across 26 offices in 14 countries servicing the minerals and metals, oil and gas, and industrial sectors. He is the Queensland University of Technology's 2008 Alumnus of the Year, was awarded the Australian Institute of Mining and Metallurgy's 2009 Institute Medal and is one of Australia's top 100 most influential engineers as awarded by Engineers Australia. In 2013, Engineers Australia also named him Queensland Professional Engineer of the Year.
    He is member of Sustainability Committee.
    Mr Christopher James Ellison Managing Director Feb 2006
    Mr Ellison is the founding shareholder of each of the three original subsidiary companies of Mineral Resources Limited (Crushing Services International Pty Ltd, PIHA Pty Ltd and Process Minerals International Pty Ltd). He has more than 40 years of experience in the mining contracting, engineering and resource processing industries within Australia. Chris has also served as Honorary Consul for New Zealand within Western Australia.
    Ms Xi Xi Non-Executive Director Sep 2017
    Ms Xi has more than 20 years of experience in the global natural resources sector having served as a director of Sailing Capital, a US$2 billion private equity fund founded by the Shanghai International Group. She has worked with numerous Chinese state-owned and privately-owned enterprises, advising on international acquisitions and investments. Xi Xi has previously served as an analyst and portfolio manager for the Tigris Financial Group (Electrum) in New York, focused on the oil and gas and mining sectors. She has led and managed several mineral exploration teams in West Africa and Latin America, including the successful discovery of a new silver-lead-zinc mine in Mexico.
    She is member of Sustainability Committee.
    Ms Susan (Susie) Corlett Non-Executive Director Jan 2021
    Ms Corlett is a professional non-executive director following 25-year executive career spanning mine operations, investment banking and private equity. Susie is currently non-executive director of Mineral Resources Ltd, Iluka Resources Ltd and Aurelia Metals Limited, a director of The Foundation for National Parks and Wildlife and a Trustee of the Australian Institute of Mining and Metallurgy Education Endowment Fund. Susie has a background in mining operations and mineral exploration. She was an Investment Director for global mining private equity fund and worked in mining risk management and project finance for Standard Bank Limited, Deutsche Bank and Macquarie Bank. Susie has a track record of delivering significant value to stakeholders through the deployment of growth strategies, oversight of capital allocation, project execution and operational excellence. Her career success has been underpinned by sound commercial judgement, strong risk management skills and a long-standing commitment to diversity, inclusion, shared values and sustainability. Susie is a member of Chief Executive Women.
    She is Chair of the Sustainability Committee member of Risk Committee.
    Ms Jacqueline (Jacqui) Elizabeth McGill Non-Executive Director Jan 2024
    Ms McGill is an executive and non-executive director with more than 30 years of strategic and operational experience in large-scale operations in the mining and resources sectors. During a career across commodities including iron ore, copper, gold, coal and uranium, she held leadership roles spanning operations, business development, technology and project management. At BHP, Ms McGill held chief executive level positions at Mitsui Coal and Olympic Dam Corporation. She is currently an Independent Non-Executive Director of New Hope Corporation Limited, Gold Fields Limited and 29Metals Limited.
    Ms Denise Patricia McComish Non-Executive Director Dec 2023
    Ms McComish has financial, corporate, ESG and board experience across multiple sectors, principally in mining, energy, financial services and infrastructure. She was a partner at KPMG in Perth for 30 years and held several leadership roles, including as a member of the KPMG Australia board and as National Mining Leader. Ms McComish is currently a Non-Executive Director of Gold Road Resources Limited, Macmahon Holdings Limited, Webjet Limited, WA Electricity Generation and Retail Corporation (Synergy) and Beyond Blue Limited.
    Professor Colleen Hayward Non-Executive Director Jan 2023
    Professor Hayward is a senior Noongar woman with more than 35 years of experience developing and leading programs to support and empower Aboriginal people in Western Australia. She has held senior appointments at a community, state and national level, spanning health, education, training, employment and law, including at Edith Cowan University where she is an Emeritus Professor in the School of Education. Colleen was awarded the 2008 National NAIDOC Aboriginal Person of the Year Award, the 2006 Premier of Western Australia's (WA) prestigious Multicultural Ambassador's Award and in 2009 was inducted into the WA Department of Education's Hall of Fame for Achievement in Aboriginal Education. In 2012, she was inducted into the WA Women's Hall of Fame and recognised as a Member in the General Division of the Order of Australia. In 2015, she was awarded one of Murdoch University's Distinguished Alumni for her work in the areas of equity and social justice.
    Mr Justin Langer Non-Executive Director Jan 2023
    Mr Langer is a former world-class cricketer and coach of the Australian national cricket team. Following his 14-year international playing career, he held various coaching roles, serving as the Senior Assistant Coach of the Australian men's cricket team, before becoming the Head Coach of Western Australian men's cricket team and the Perth Scorchers. After serving a period as interim coach, Justin was appointed Head Coach of the Australian men's cricket team. He led the team through a difficult period in Australian cricket, which included severely disrupted international play through the COVID-19 pandemic and the 'sandpaper' scandal. Justin has recently been appointed as the Head Coach of the Lucknow Super Giants in the Indian Premier League (IPL). Justin has been a member of the board of the West Coast Eagles Football Club and is now a public speaker, writer and media commentator. Justin was awarded an Order of Australia for his contribution to sport and various charity commitments. Throughout his career, he has discipline, partnership and mateship to build successful and resilient teams, focused on strong internal culture. He is member of the Sustainability Committee and People Committee.
    Mr Mark Wilson Chief Financial OfficerCompany Secretary Aug 2018
    -
    Ms Jenna Mazza Joint Company Secretary Jan 2024
    -
    Chris Soccio Chief Executive - Iron Ore
    -
    Joshua Thurlow Chief Executive - Lithium
    -
    Mike Grey Chief Executive - Mining Services
    -
    Mark Wilson Chief Financial OfficerCompany Secretary
    -
    Jenna Mazza Joint Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Hsbc Custody Nominees (Australia) Limited 51,220,674 26.25%
    Citicorp Nominees Pty Limited 23,074,742 11.82%
    J P Morgan Nominees Australia Pty Limited 23,074,742 11.82%
    Sandini Pty Ltd <Karratha Rigging Unit A/C> 21,063,185 10.79%
    National Nominees Limited 5,824,812 2.99%
    Bnp Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 3,871,760 1.98%
    Bnp Paribas Noms Pty Ltd <Drp> 3,487,735 1.79%
    Jove Pty Ltd 1,536,000 0.27%
    Mccusker Holdings Pty Ltd 1,523,625 0.78%
    D & C Geraghty Pty Ltd <Geraghty Family A/C> 1,372,175 0.70%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 1,237,235 0.63%
    Hsbc Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 1,165,406 0.60%
    Netwealth Investments Limited <Wrap Services A/C> 1,135,699 0.58%
    Mccusker Foundation Ltd <The Mccusker Charitable A/C> 1,013,500 0.52%
    Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 814,237 0.42%
    Australian Foundation Investment Company Limited 706,500 0.36%
    Bnp Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 681,713 0.35%
    Merrill Lynch (Australia) Nominees Pty Limited 662,214 0.34%
    St Ives Gold Mining Company Pty Limited 655,031 0.34%
    Ubs Nominees Pty Ltd 526,367 0.27%

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