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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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Comments

Newman
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

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
195thMineral Resources59%18%
207thNorthern Star Resources55%43%
231stSouth3245%0%
393rdWoodside Petroleum9%4%
722ndAtlas Iron-45%-55%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/11/17
$36.9m Sold
30/11/17
$4.0m Sold
20/09/17
$118k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

2nd-South32$9,392.9m
3rd-Woodside Petroleum$5,715.9m
4th-Mineral Resources$1,470.4m
5th↓Atlas Iron$896.6m
6th↓Northern Star Resources$850.6m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Mineral Resources

10thChris Ellison$2.918m
24thBruce Goulds$1.543m
33rdBob Gavranich$1.323m
Ranked by total remuneration from all listed WA companies

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