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
$45.86 |
Change
-1.390(2.94%) |
Mkt cap ! $9.012B | |||
| Open | High | Low | Value | Volume |
| $46.22 | $46.89 | $45.56 | $84.69M | 1.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2020 | $45.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.87 | 3192 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |