Mineral Resources

 ( Companies Based In Perth, Western Australia ) 

Mineral Resources Limited, commonly known as MinRes, is a Western Australian mining services company.

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History 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. Mineral Resources Limited: Admission to Official List Australian Securities Exchange 26 July 2006 MinRes turns $50m Pilbara Minerals stake into $330m Australian Financial Review 5 September 2021

In November 2023 the Bald Hill Lithium and Tantalum Mine was purchased. MinRes pays $260m for mine in WA lithium heartland Australian Financial Review 22 November 2023 MinRes acquires Bald Hill lithium mine Mineral Resources 23 November 2023 In November 2024 the mine was closed and put into care and maintenance after a collapse in lithium prices. Lithium mine to close in WA putting 300 jobs at risk Nine News 13 November 2024 MinRes mothballs Bald Hill lithium mine Business News 13 November 2024

In June 2024, Mineral Resources announced it would shut down its Yilgarn iron ore hub by the end of the year after it was deemed financially unviable.

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Operations 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. MinRes to supercharge iron ore export capacity Australian Mining 20 November 2020

Mineral Resources is involved in bulk ore transportation in the Pilbara. In 2014, Mineral Resources purchased six UGL Rail C44aci locomotives and 382 iron ore wagons taking over the operation of its services from Aurizon. New rail fleet hits the tracks at Carina iron ore mine Australian Mining 25 July 2014Mineral Resources buy their own Trains Railway Digest May 2014 page 30

Minerals Resources operates two hard rock lithium mines in Western Australia; Mount Marion in the Goldfields, and Wodgina mine in the Pilbara.

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MinRes Air Having previously relied on other air service providers to operate flights for its fly-in fly-out workforce, in July 2024 MinRes Air was launched with a former Tigerair Airbus A319 on services between Brisbane Airport and the Pilbara with plans to introduce a Perth Airport service. Qantas subsidiary staff flock to a new airline that could shake up FIFO networks Crikey 20 May 2024 First MinRes Air flight takes to the skies MinRes 4 July 2024 MinRes Air takes off Australian Mining 8 July 2024

Initially the services are being operated by Skytraders, pending MinRes Air being granted its own air operator's certificate. In July 2024 a former Air France Airbus A320 was leased. MinRes Air Aviation Week Network 15 July 2024 Mineral Resources has a 50% shareholding with the balance owned by Multiplex heir Tim Roberts. MinRes Air propelled by Tim Roberts Australian Financial Review 1 September 2024

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