ASX Price $70.87 3.76%

Our Business

From humble beginnings as a two-person crushing contractor in 1992, we have built a reputation for delivering best-in-class mining services to the Western Australian mining sector.

Today we are an ASX 50 company with more than 7,000 people in our team.

We’re a recognised market leader in the delivery of mining services to some of the world’s largest mining companies, and we’re growing our own world-class portfolio of iron ore and lithium operations, with 20-to-50-year business horizons.

Our business is structured around five growth pillars – mining services, iron ore, lithium, energy and engineering and construction.  Each pillar is targeting transformational growth over the next five years:

  • Mining Services – To double in size over the next five years, as we build, own and operate a significant portfolio of world-class assets while continuing to offer our Tier 1 clients pit-to-port solutions
  • Iron OreTransition to a large, low-cost producer, increasing production from 20Mtpa to a targeted 90Mtpa+ through the development of our three iron ore hubs in Onslow, Pilbara, and Yilgarn
  • Lithium Becoming a global top five lithium producer and creating a significant cost advantage through a globally diverse business model
  • Energy – Displace diesel with gas and solar across MinRes operations, and investigate downstream opportunities including LNG and iron ore pellet manufacturing
  • Engineering and Construction Embarking on an ambitious program of growth projects to build the business and leave a lasting legacy 


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