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

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
204thNorthern Star Resources56%70%
209thMineral Resources53%19%
397thResolute Mining9%17%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

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Total value as at the date of the transaction
Source: Morningstar


4th-Mineral Resources$1,470.4m
6th↓Northern Star Resources$850.6m
8th↓Resolute Mining$560.8m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Mineral Resources

9thChris Ellison$2.918m
20thBruce Goulds$1.543m
28thBob Gavranich$1.323m
Ranked by total remuneration from all listed WA companies

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