Mineral Resources managing director Chris Ellison

MinRes rails against port charges

Mid-tier iron ore miner Mineral Resources has criticised port charges after digging into its stockpiles to export 2.8 million tonnes in the December quarter.

MinRes, which aggressively pursued increased exports to 10.4mt in the 2013-14 financial year, an increase of 93 per cent, will present its financial report for the December quarter in February.

Managing director Chris Ellison used its latest activities report to criticise the state government and port authorities over charges for the use of the Kwinana Bulk Terminal 2 and Port Hedland’s Utah Point, where its Yilgarn and Pilbara operations export from.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
90thProgrammed Maintenance Services91%13%
137thRCR Tomlinson55%24%
140thMineral Resources53%22%
396thSeven West Media-4%-3%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$118k Bought
$0 Bought
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


3rd↑Programmed Maintenance Services$2,694.5m
4th-Seven West Media$1,679.0m
5th↑Mineral Resources$1,470.4m
7th↑RCR Tomlinson$1,294.6m
232 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Mineral Resources

12thChris Ellison$2.918m
27thBruce Goulds$1.543m
37thBob Gavranich$1.323m
Ranked by total remuneration from all listed WA companies

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