Mineral Resources managing director Chris Ellison (third from right) launched an indigenous traineeship program at the company's Kwinana workshop this morning.

MinRes targets $25/t savings

Iron ore miner Mineral Resources is pressing ahead with plans for innovative ‘skyrail’ and trans-shipping projects in the Pilbara, saying that together they can cut $25 per tonne off its operating costs.


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Let's hope the j4 project at Carina gets the go ahead to resume development after it was decided to suspend operations at $47/ton

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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

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
53rdFortescue Metals Group70%13%
186thWoodside Petroleum16%3%
354thMineral Resources-10%10%
373rdOM Holdings-13%25%
441stIluka Resources-24%2%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$55k Bought
$29.6m Bought
$163k Issued
Total value as at the date of the transaction
Source: Morningstar


2nd↓Fortescue Metals Group$9,358.7m
3rd-Woodside Petroleum$7,536.1m
4th-Mineral Resources$1,706.7m
5th↑OM Holdings$1,512.8m
6th↓Iluka Resources$1,353.1m
486 listed resources companies ranked by revenue.
Source: Morningstar

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