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Added to YB: 2025-12-16

Pitch date: 2025-09-30

MIN.AX [neutral]

Mineral Resources Limited

+29.99%

current return

Author Info

No bio for this author

Company Info

Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, Asia, and internationally.

Market Cap

AUD 10.2B

Pitch Price

AUD 39.88

Price Target

N/A

Dividend

N/A

EV/EBITDA

20.63

P/E

-11.34

EV/Sales

3.58

Sector

Metals and Mining

Category

turnaround

Show full summary:
L1 Long Short Fund Limited Portfolio Holding: Mineral Resources Limited

MIN.AX (holding update): +91% rally on lithium price recovery (+36%) & Chinese supply cuts speculation. Onslow Iron Project road upgrades complete, exceeded 3.2Mt monthly shipments vs 2.9Mt nameplate. At full run-rate expects ~$1.3B EBITDA at $100/t iron ore. Refinanced $700M bonds to 2031, improving liquidity.

Read full article (1 min)