 | |
| ASX: MIN | |
| Industry | Mining |
| Founded | July 1992 |
| Founder | Chris Ellison |
| Headquarters | Perth,Western Australia |
Area served | Goldfields, Pilbara |
Key people | James McClements (Non-Executive Chairman) Chris Ellison (Managing Director) |
| Products | Iron ore, lithium, mining services |
| Revenue | $3.7 billion (2021) |
| $1.9 billion (2021) | |
| Website | www.mineralresources.com.au |
Mineral Resources Limited (also shortened to MinRes) is a Western Australian mining services company.
Mineral Resources was established in July 2006 when pipeline manufacturing and contracting business PIHA, Crushing Services International and Process Minerals International merged and was listed on the Australian Securities Exchange. [1] [2] [3]
Mineral Resources was added to the S&P/ASX 50 in June 2022 as one of the 50 largest companies by market capitalisation on the ASX. [4]
Mineral Resources operates two iron ore hubs: Utah Point Hub in Port Hedland and Yilgarn Hub in Esperance. Mines are operated at Iron Valley, Koolyanobbing and Kumina. [5]
Mineral Resources is involved in bulk ore transportation in the Pilbara. [6] [7] In 2014, Mineral Resources purchased six UGL Rail C44aci locomotives and 382 iron ore wagons taking over the operation of its services from Aurizon. [8] [9]
Minerals Resources operates two hard rock lithium mines in Western Australia; Mount Marion in the Goldfields, [10] and Wodgina in the Pilbara. [11] [12]
Pilbara Iron is a wholly owned subsidiary of the multinational Rio Tinto Group, that manages assets for Hamersley Iron Pty Ltd, a wholly owned subsidiary of Rio Tinto, and Robe River Iron Associates, an unincorporated joint venture between Rio and three Japanese steel companies Mitsui Iron Ore Development P/L (33%), Nippon Steel Australia P/L (10.5%) and Sumitomo Metal Australia P/L (3.5%).
Mining in Western Australia, together with the petroleum industry in the state, accounted for 94% of the State's and 46% of Australia's income from total merchandise exports in 2019–20. The state of Western Australia hosted 123 predominantly higher value and export-oriented mining projects and hundreds of smaller quarries and mines. The principal projects produced more than 99 per cent of the industry's total sales value.
Sons of Gwalia was a Western Australian mining company that mined gold, tantalum, spodumene, lithium and tin. It was Australia's third-largest gold producer and controlled more than half the world's production of tantalum, before entering administration in August 2004 following a financial collapse.
Atlas Iron is an Australian mining company and an iron ore explorer, developer and producer, predominantly active in the Pilbara region and is owned by Redstone Resources, a fully owned subsidiary of Hancock Prospecting. The company operates three iron ore mines in Western Australia. In 2018 Atlas will expand its operation to start processing Lithium in a deal with Pilbara Minerals.
The Cloudbreak mine is an iron ore mine located in the Pilbara region of Western Australia, 89 kilometres west-south-west of Nullagine, in the Chichester Range.
The Mount Whaleback mine, officially the Newman West operation, is an iron ore mine located in the Pilbara region of Western Australia, six kilometres west of Newman.
Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018–19, a 26 percent increase on the previous financial year.
The Area C mine is an iron ore mine located in the Pilbara region of Western Australia, 92 kilometres west-north-west of Newman.
The Wodgina mine is an exhausted iron ore mine located in the Pilbara region of Western Australia, 90 kilometres south of Port Hedland.
The Yandi mine is an iron ore mine located in the Pilbara region of Western Australia, 90 kilometres north-west of Newman. It should not be confused with Rio Tinto's nearby Yandicoogina mine, which is also sometimes shortened to Yandi.
The Orebodies 18, 23 and 25 mine, part of BHP's Eastern Ridge hub and officially referred to as the Newman East operation, is an iron ore mine located in the Pilbara region of Western Australia, 8 kilometres east of Newman. The mine is majority-owned and operated by BHP, and is one of seven iron ore mines the company operates in the Pilbara. The company also operates two port facilities at Port Hedland, Nelson Point and Finucane Island, and over 1,000 kilometres of rail in the Pilbara.
Spinifex Ridgem mine is an inactive iron ore mine in the Pilbara region of Australia, northeast of Marble Bar.
Fatality statistics in the Western Australian mining industry captures the number of people killed in the industry in the Australian state of Western Australia. During the period 2000-2012 (inclusive), a total of 52 fatalities occurred. In 2006, the Chamber of Minerals and Energy of Western Australia commissioned a taxonomic study to analyse the 306 mining fatalities which occurred between 1970 and 2006. The Department of Mines and Petroleum, later renamed the Department of Mines, Industry Regulation and Safety, the governing authority for the industry in the state, has published statistics for fatalities in mining dating back to 1943 and intends to publish statistics dating back to 1886, though early records are not expected to be exhaustive.
The Roy Hill mine is an iron ore mine in the Chichester Range in the Pilbara region of Western Australia, located 115 kilometres (71 mi) north of Newman and 277 kilometres (172 mi) south of Port Hedland. With indicated and inferred reserves of more than 2.4 billion tonnes, it is expected to become one of the largest mining projects in Australia. Mining operations will produce 55 million tonnes of iron ore per annum with an operating life of more than 20 years.
The Iron Valley mine is a small iron ore mine located in the Pilbara region of Western Australia, 75 kilometres (47 mi) northwest of Newman, 270 kilometres (170 mi) south of Port Hedland, and 10 kilometres (6.2 mi) east of the Yandicoogina mine.
Australia has one of the biggest lithium reserves and is the biggest producer of lithium by weight, with most of its production coming from mines in Western Australia. Most Australian lithium is produced from hard-rock spodumene, in contrast to other major producers like Argentina, Chile and China, which produce it mainly from salt lakes.
The Mt Webber mine is an iron ore mine operated by Atlas Iron and located in the Pilbara region of Western Australia, 230 kilometres (140 mi) from Port Hedland, to where the ore is transported. Mt Webber, opened in 2014, is the company's primary operation.
The Sanjiv Ridge mine, formerly the Corunna Downs mine is an iron ore mine operated by Atlas Iron and located in the Pilbara region of Western Australia, 33 kilometres (21 mi) south of Marble Bar and 240 kilometres (150 mi) from Port Hedland. Ore from the mine is transported overland via road train to the Utah Point Bulk Commodities Berth at Port Hedland.
The Firetail mine is an iron ore mine operated by the Fortescue Metals Group (FMG) and located in the Pilbara region of Western Australia, 60 km (37 mi) north of Tom Price. The mine is part of the company's Solomon Hub, one of three of its active mining areas, together with the Chichester Hub and the Western Hub.
The Kings Valley mine is an iron ore mine operated by the Fortescue Metals Group (FMG) and located in the Pilbara region of Western Australia, 60 km (37 mi) north of Tom Price. The mine, along with Firetail mine, is part of the company's Solomon Hub, one of three FMG's mining areas, the others being the Chichester Hub and the Western Hub.
