MIN is a conglomerate in a major growth phase.
Earnings are currently heavily leveraged to the Iron Ore price, except for the stable Crushing/Services earnings.
Soon earning will be more exposed to the Lithium/Spod price, although Iron Ore will still be a significant part of the earnings puzzle.
For now it is just putting the pieces of the puzzle together.
A very strong and very well run company with a number of competitive advantages and assets.
Ann: Revised arrangements with Albemarle for Wodgina Lithium, page-98
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Last
$44.93 |
Change
-1.400(3.02%) |
Mkt cap ! $8.829B | |||
| Open | High | Low | Value | Volume |
| $46.25 | $46.26 | $44.28 | $89.81M | 1.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 211 | $44.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.94 | 2456 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |