Mineral Resources Ltd
MIN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| s$ | LOCK|>zj | LOCK|D^tr#%^ |
Mineral Resources: Adverse Weather Crimps Volumes but Higher Commodity Prices Are Shield
Mineral Resources, or MinRes, reported sequential third-quarter fiscal 2026 volume declines of 6% in mining services, 14% in iron ore shipments, and 20% in lithium sales. Revenue fell only 3% with higher pricing countering cyclone impacts.
