29/04/2025 17:41

Mineral Resources (MIN) $20.57

MIN +13.15%: Jumped on their 3rd quarter result on softer production numbers though reiterated full-year guidance and provided comfort around the balance sheet, progression of the search for a new and improved board and an update eon reparations of the key Onslow Iron haul road asset.

Read more

10/04/2025 09:43

Mineral Resources Ltd (MIN) $14.40

Holding MIN has been a long and arduous journey for MM, although looking at overseas markets, it should bounce strongly this morning. We caught this falling knife too early, although interestingly, for all of its deluge of negative news from Chris Ellison to worrisome debt levels and bad roads, it’s fallen in to a similar degree as global giant Albermarle.

Read more

20/03/2025 09:56

Mineral Resources (MIN) $23.88

MIN got smacked ~13% on the open again on Wednesday after the crash of an iron ore truck, which caused haulage on its Onslow iron Haul Road to be paused for a couple of days.

Read more

19/03/2025 16:51

Mineral Resources (MIN) $23.88

MIN –3.94%: Another wild session for Min Res down 12% early before recovering 2/3rds of the decline. The issue today was a sixth jumbo road train crash on the 17th March (reported today) with a truck losing its 2 back trailers and spilling Ore.

Read more

18/03/2025 09:09

Mineral Resources Ltd (MIN) $24.49

MIN surged +11.6% on Monday after UBS did an about-turn toward the beleaguered miner, reversing its Sell call to a Buy.

Read more

20/02/2025 09:27

Mineral Resources (MIN) & RIO Tinto (RIO)

The shocking performance by MIN has weighed on our performance, and again, we must ask if this cluster has simply become too hard. MIN was hammered yesterday after revenue and underlying earnings beat consensus, but lower iron ore guidance and higher capex at a time when debt is elevated saw a capitulation-style sell-off. The psychology is half the issue here and it feels like the market has lost faith in some of the rhetoric being espoused by the company. 

Read more

19/02/2025 17:11

Mineral Resources (MIN) $24.18

MIN-20.72%: The gift that keeps on giving, with MinRes reporting 1H25 financial results that were a slight beat to downbeat expectations driven by Mining Services, however, lower Iron Ore guidance from Onslow Iron plus an additional $300 million needed to upgrade the haul road as a consequence of tropical cyclone Sean saw the shares trade sharply lower.  

Read more

13/02/2025 16:53

Mineral Resources (MIN) $34.07

MIN +6.97% had a rare day in the sun (from a very low base) on the back of a broker upgrade from JP Morgan (moved to Buy & $41 PT), plus an update on corporate governance changes.

Read more

05/02/2025 09:52

Mineral Resources Ltd (MIN) $33.87

This morning after addressing portfolio underperformance we’ve revisited our weakest holding which has been hit with a trifecta of bad news.

Read more

30/01/2025 17:30

Mineral Resources (MIN) $35.93

MIN -0.88%: Came out with their December quarter result and a management call following. No mention of the governance issues on the call today, it was straight to business, somewhat of an elephant in the room - we haven’t heard much in 2025, though it is well known investigations by ASIC are ongoing. In terms of the operations of the business: 

Read more