Mineral Resources Ltd
MIN: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$82.00 | Lwcnf | Ccqgwzbh |
Mineral Resources: Early Closure of Yilgarn Hub Not Material to Outlook
No-moat Mineral Resources will cease Yilgarn Hub iron ore shipments by Dec. 31, 2024. The operation is high-cost and has limited mine life. With significant capital costs to develop new resources, it has been deemed unviable.