Mineral Resources Gets New Bull as Onslow Project Advances -- Market Talk

Dow Jones

Apr 30, 2025

0040 GMT - Morgans says its confidence in Mineral Resources' ability to execute at its Onslow iron-ore project over the next six months has increased following its latest quarterly report. MinRes says the upgrade to the Onslow haul road remains on schedule to be completed in 1Q of FY 2026. It also expects the project to reach its nameplate capacity of 35 million tons/year in the same period. Analyst Annabelle Sleeman raises MinRes to add, from hold. "We caution that MinRes remains a high-risk investment with debt still elevated, combined with our bearish view of the lithium market and neutral view of the iron ore market," Morgans says. "However, we now see it as undervalued." (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 29, 2025 20:40 ET (00:40 GMT)

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MinRes says the upgrade to the Onslow haul road remains on schedule to be completed in 1Q of FY 2026. It also expects the project to reach its nameplate capacity of 35 million tons/year in the same period. Analyst Annabelle Sleeman raises MinRes to add, from hold. \"We caution that MinRes remains a high-risk investment with debt still elevated, combined with our bearish view of the lithium market and neutral view of the iron ore market,\" Morgans says. \"However, we now see it as undervalued.\" (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 20:40 ET (00:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mineral Resources Gets New Bull as Onslow Project Advances -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMineral Resources Gets New Bull as Onslow Project Advances -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-30 08:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0040 GMT - Morgans says its confidence in Mineral Resources' ability to execute at its Onslow iron-ore project over the next six months has increased following its latest quarterly report. MinRes says the upgrade to the Onslow haul road remains on schedule to be completed in 1Q of FY 2026. It also expects the project to reach its nameplate capacity of 35 million tons/year in the same period. Analyst Annabelle Sleeman raises MinRes to add, from hold. \"We caution that MinRes remains a high-risk investment with debt still elevated, combined with our bearish view of the lithium market and neutral view of the iron ore market,\" Morgans says. \"However, we now see it as undervalued.\" (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 20:40 ET (00:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MIN.AU","symbol_name":"MINERAL RESOURCES LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531745108","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531745108","pubTimestamp":1745973600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0040 GMT - Morgans says its confidence in Mineral Resources' ability to execute at its Onslow iron-ore project over the next six months has increased following its latest quarterly report. MinRes says the upgrade to the Onslow haul road remains on schedule to be completed in 1Q of FY 2026. It also expects the project to reach its nameplate capacity of 35 million tons/year in the same period. Analyst Annabelle Sleeman raises MinRes to add, from hold. \"We caution that MinRes remains a high-risk investment with debt still elevated, combined with our bearish view of the lithium market and neutral view of the iron ore market,\" Morgans says. \"However, we now see it as undervalued.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MIN.AU":"MINERAL RESOURCES LTD","BK7095":"多种金属与采矿","BK7504":"锂钴概念","BK7507":"资源股"},"translate_title":"随着Onslow项目的推进，矿产资源迎来新的牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MIN.AU":0.9},"content_text":"0040 GMT - Morgans says its confidence in Mineral Resources' ability to execute at its Onslow iron-ore project over the next six months has increased following its latest quarterly report. MinRes says the upgrade to the Onslow haul road remains on schedule to be completed in 1Q of FY 2026. It also expects the project to reach its nameplate capacity of 35 million tons/year in the same period. Analyst Annabelle Sleeman raises MinRes to add, from hold. \"We caution that MinRes remains a high-risk investment with debt still elevated, combined with our bearish view of the lithium market and neutral view of the iron ore market,\" Morgans says. \"However, we now see it as undervalued.\" (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 20:40 ET (00:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}