Mineral Resources

Name

Mineral Resources

Legal name

Mineral Resources Limited

Website

https://mineralresources.com.au

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mineral Resources is a Western Australia-based diversified mining services and resources company delivering crushing, haulage, and mining services to Tier 1 clients while operating its own iron ore, lithium, and energy production assets across Western Australia.

Ownership category

akta.pro rank

Product category

Diversified Mining Services and Resources

NAICS

Iron Ore Mining (21221), Other Metal Ore Mining (21229), Support Activities for Metal Mining (213114)

SIC

Metal Mining (1000), Miscellaneous Metal Ores (1090), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Mine Site Support Services (Camp/Catering, Security, Fuel & Lubricants, Water, Waste, Roads) (IMAKAKAE)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery & Critical Minerals Trading (Lithium, Cobalt, Graphite, Manganese, Rare Earths) (IMAKAJAE)

Keywords

• Mining services
• Iron ore production
• Lithium mining
• Contract mining
• Autonomous haulage

Headquarters

HQ city

Applecross

HQ country

Australia

HQ region

Oceania

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Mining Services: CSI Mining Services provides mining services including mining and processing, transport and logistics, rehabilitation services, manufacturing equipment and parts, and engineering and construction to MinRes projects and Tier 1 mining clients.
2. Iron Ore: Production and sale of iron ore from operations including Onslow Iron project and Pilbara hub. Iron ore is transhipped onto offshore bulk carriers and sold to global markets.
3. Lithium: Production and sale of spodumene concentrate from Wodgina and Mt Marion lithium mines. The company also produces battery-grade lithium hydroxide and has partnerships for downstream processing.
4. Energy: Natural gas and renewable energy production to support mining operations, including gas production and power generation assets.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Mineral Resources is a diversified mining services and resources company that provides integrated contract mining services (through wholly-owned subsidiary CSI Mining Services) to Tier 1 mining clients and produces iron ore, lithium, and energy from its own operations across Western Australia. Its core service lines span mining and processing, crushing, haulage, transport and logistics, rehabilitation, equipment manufacturing and parts, and engineering and construction; its core commodity lines include the Onslow Iron project (with autonomous road trains and transhipment), the Pilbara iron ore hub, the Wodgina and Mt Marion lithium mines (spodumene concentrate plus battery-grade lithium hydroxide), the Bald Hill lithium operation, and natural gas and power generation assets.

Product overview

Mineral Resources Limited (MinRes) is a diversified resources company offering a portfolio of integrated mining operations and services across Western Australia. The company operates through multiple divisions: Mining Services (via wholly-owned subsidiary CSI Mining Services), providing mining processing, transport logistics, rehabilitation, workshops, and manufacturing; Engineering and Construction delivering in-house project delivery; and commodity operations spanning iron ore (Onslow and Pilbara hubs), lithium (Wodgina, Mt Marion, and Bald Hill), and energy (exploration, gas production, and power). Supporting infrastructure includes MinRes Air for FIFO transport and resort-style accommodation villages. The company generates revenue through both its mining services contractor operations serving Tier 1 clients and its owned commodity production.

Differentiator

Problem solved

Functional benefit

Brands

• CSI Mining Services: Wholly-owned subsidiary providing innovative and sustainable mining services supporting MinRes projects and Tier 1 mining clients.

Products and services

• CSI Mining Services (Mining Services) Wholly-owned subsidiary delivering integrated mining services — including mining and processing, crushing, haulage, transport and logistics, rehabilitation, workshops, equipment manufacturing and parts — supporting MinRes's own operations and external Tier 1 mining clients such as Rio Tinto and Atlas Iron. Delivered record Mining Services earnings of AUD $488 million in H1 FY26 (up 29% year-on-year) and 80 million tonnes of production in Q3 2026.
• Engineering and Construction In-house engineering and construction services delivering projects on time and on budget, covering engineering, non-process infrastructure, and process infrastructure across MinRes's mining portfolio.
• Onslow Iron Project Iron ore production operation in the Onslow hub of Western Australia, featuring 120 fully autonomous road trains (with Hexagon), custom-built transhippers (MinRes Airlie and others) for offshore bulk carrier loading at Port of Ashburton, and hybrid gas-fired and renewable energy systems. Targeted production of approximately 35 million tonnes per annum over a 30+ year expected mine life.
• Pilbara Hub (Iron Ore) Iron ore operations hub in the Pilbara region of Western Australia, providing complementary production alongside the Onslow Iron project.
• Wodgina Lithium Mine One of the world's largest hard-rock lithium mines, located in the Pilbara region of Western Australia, producing spodumene concentrate. The site includes robotic automated laboratory sample analysis at Ken's Bore operation. Production guidance has been raised to 260,000-280,000 dmt SC6, with reserves of approximately 6.2 million tonnes lithium carbonate equivalent. Held within the POSCO Holdings joint venture.
• Mt Marion Lithium Project Lithium mine in the Goldfields region of Western Australia producing spodumene concentrate, with production guidance raised 19.5% to 190,000-210,000 dmt SC6. Held within the POSCO Holdings joint venture for 270,000 tonnes of lithium concentrate annual offtake.
• Bald Hill Lithium Operation Lithium operation in Western Australia acquired by Mineral Resources, capable of producing 167,000 tonnes of 6%+ Li2O concentrate annually. Currently on care and maintenance.
• Energy Operations Natural gas and renewable energy operations supporting MinRes's mining assets, including exploration, gas production, and power generation assets such as the 14 MW gas-fired power station at Port of Ashburton (which displaces approximately 60 million litres of diesel annually) and the Wonmunna solar array providing over 30% of site energy requirements.
• MinRes Air In-house FIFO (fly-in fly-out) airline providing passenger transport services from Perth to MinRes's operational sites, including Kalgoorlie-Boulder Airport, supporting the company's remote-site workforce.
• Resort-Style Accommodation Villages Resort-style FIFO accommodation villages for employees, including Mungala Resort at Onslow Iron and an Early Learning Centre, supporting workforce welfare at remote mining sites.

Quantifiable outcome

• Record underlying EBITDA of $1.2 billion for first half of FY26
• +7 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

19 partnerships are on record, tiered core and minor.

• Curtin UniversitycoreStrategic or Co-development Partner · 22 April 2026Collaboration on eDNA monitoring technology development to safeguard biodiversity in remote and sensitive areas near mining operations.
• TelethoncoreStrategic or Co-development Partner · 1 January 2025Annual partnership supporting children's charities through Telethon, including contributions to Wheels for Hope mobility program and Healthy Strides Foundation Move-A-Thon.
• Healthy Strides FoundationminorStrategic or Co-development Partner · 1 January 2025Support for Move-A-Thon fundraiser enabling children of all abilities to celebrate movement, including wheelchair participation.
• Foodbank WAminorStrategic or Co-development Partner · 1 January 2025Co-funding Foodbank WA's nom! Schools program bringing healthy eating lessons to hundreds of Pilbara schoolchildren.
• Ngarliya ContractingcoreStrategic or Co-development Partner · 7 November 2024Five-year partnership with Aboriginal-owned enterprise delivering enhanced safety capability, strengthening local capacity and pursuing new benchmarks for Indigenous-owned enterprises in the resources sector.
• WorkpowercoreStrategic or Co-development Partner · 17 October 2024Disability service and employment provider partnership expanded to support Onslow Iron, providing employment opportunities for people with disabilities.
• Y WA (YMCA WA)minorStrategic or Co-development Partner · 8 October 2024Partnership supporting Inside Our Minds campaign for youth mental health awareness and platform for young people.
• PMW IndustriesminorStrategic or Co-development Partner · 30 April 2024First joint venture partnership for CSI Mining Services with PMW Industries for mining services delivery.
• McGovern FoundationcoreStrategic or Co-development Partner · 1 January 202410-year partnership with Ronald McDonald House Western Australia has delivered more than 1.2 million home-cooked meals to over 22,000 families. McGovern Foundation's Wanderer Program helps West Australians obtain provisional driver's licences, with MinRes supporting reaching milestones of 500 and 1,000 new drivers.
• West Coast EaglescoreGTM or Marketing Partner · 1 January 2024Five-year naming rights partnership with Australian Rules Football club, supporting community engagement and health programs.
• Swan Districts Football ClubminorGTM or Marketing Partner · 28 July 2023New partnership creating opportunities for young people in Onslow community through football and community programs.
• HexagoncoreTechnology or Integration · 27 July 2023Partnership for world-first fully autonomous road trains, deploying 120 autonomous road trains equipped with Hexagon's autonomous haulage system.
• Curtin UniversitycoreStrategic or Co-development Partner · 14 March 2023Partnership for ground-breaking eDNA research on plant-animal interactions and biodiversity monitoring, with MinRes funding research and Curtin providing academic expertise.
• MEVCO (Mining Electric Vehicle Company)coreStrategic or Co-development Partner · 14 February 2023Partnership to deploy Australian-engineered electric Toyota HiLux utes at mine sites, first miner in WA to secure electric MEVCO utes for decarbonisation.
• Bus Stop FilmsminorStrategic or Co-development Partner · 6 February 2023Funding support for film school expansion to Western Australia for young adults living with disability or autism, delivered at Edith Cowan University's WA Screen Academy.
• Harry Perkins Institute of Medical ResearchminorStrategic or Co-development Partner · 1 January 2023Support for medical research and innovation in Western Australia, helping defeat major diseases impacting the community.
• Clontarf FoundationminorStrategic or Co-development Partner · 1 January 2023Employment support partnership helping Aboriginal and Torres Strait Islander men through education and life skills development.
• Waalitj FoundationminorStrategic or Co-development Partner · 1 January 2023Partnership to help children in Pilbara community through Indigenous programs and employment opportunities.
• Ronald McDonald House Western AustraliacoreStrategic or Co-development Partner · 1 January 201310-year partnership celebrating over 1.2 million home-cooked meals delivered to over 22,000 families with ill or injured children at Perth's hospitals.

Scale indicators22 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• IGO Limited: ASX-listed diversified mining company with major lithium (Greenbushes JV with Tianqi) and nickel operations in Western Australia. Comparable on lithium exposure, JV-driven growth model, and downstream battery materials strategy.
• Macmahon Holdings: ASX-listed mining services contractor providing load and haul, drill and blast, and equipment maintenance to Tier 1 Australian miners. Directly comparable to CSI Mining Services as a competing mining contractor in Australia.
• Perenti Global: ASX-listed mining services group (formerly Barminco) providing underground and surface mining services. Comparable to MinRes' CSI Mining Services on contract mining, equipment operation, and surface services in Australia.
• Pilbara Minerals: ASX-listed pure-play hard-rock lithium producer operating the Pilgangoora mine in Western Australia. Directly comparable to MinRes on spodumene concentrate production, lithium offtake model, and shared exposure to volatile spodumene pricing.
• Fortescue Metals Group: ASX-listed pure-play iron ore producer in the Pilbara, Western Australia. Closely comparable on iron ore mining operations, port and rail infrastructure, and Chinese steel-customer offtake model.
• NRW Holdings: ASX-listed diversified mining services contractor offering drilling, blasting, civil and equipment services. Closely comparable to CSI Mining Services' contract mining and crushing services, including work for Tier 1 miners.

Broad incumbents

• Rio Tinto: Global diversified miner that is both a major Pilbara iron ore producer and MinRes' largest mining services client via CSI Mining Services (bauxite transport at Weipa). Comparable as both competitor and customer across iron ore and lithium.
• Albemarle Corporation: Global lithium leader and MinRes' MARBL joint venture partner in lithium assets. Comparable as the largest Western-headquartered lithium producer and direct counterparty on MinRes' lithium offtake and JV economics.
• BHP Group: Global diversified miner with major Western Australian iron ore (Newman, Jimblebar), nickel (West Musgrave), and copper operations, plus exposure to battery materials. Comparable as a large incumbent with overlapping iron ore footprint and growing critical minerals portfolio.

Emerging players

• Liontown Resources: ASX-listed lithium developer bringing the Kathleen Valley hard-rock lithium mine into production in Western Australia. Comparable as an emerging Australian spodumene peer competing in the same Western Australian lithium basin.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MRLMinRes
• LinkedInlinkedin.com/company/mineral-resources-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mineral Resources