Hot off the press:
Ord Minnett rates MIN as Accumulate (2) -
The company will create a 50-50 joint venture with US-listed Albemarle to own and operate the Wodgina lithium operation and co-develop integrated lithium hydroxide facilities. Albemarle will pay US$1.15bn for the stake.
Ord Minnett believes the deal is clean and fair and Mineral Resources has galvanised the value of the downstream option, underpinning Wodgina as a tier-1 strategic asset.
The broker maintains an Accumulate rating and raises the target to $21 from $18. The joint venture will look to commence construction on the plant as soon as necessary licenses and approvals are in place.
This stock is not covered in-house by Ord Minnett. Instead, the broker whitelabels research by JP Morgan.
Target price is $21.00 Current Price is $15.15 Difference: $5.85
If MIN meets the Ord Minnett target it will return approximately 39% (excluding dividends, fees and charges).
- Forums
- ASX - By Stock
- MIN
- The upgrades are coming in
MIN
mineral resources limited
Add to My Watchlist
3.66%
!
$25.51

The upgrades are coming in
-
- There are more pages in this discussion • 323 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$25.51 |
Change
0.900(3.66%) |
Mkt cap ! $5.013B |
Open | High | Low | Value | Volume |
$24.54 | $25.92 | $24.27 | $58.94M | 2.346M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 240 | $25.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.53 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 240 | 25.500 |
1 | 493 | 25.470 |
2 | 228 | 25.460 |
1 | 1000 | 25.430 |
1 | 150 | 25.420 |
Price($) | Vol. | No. |
---|---|---|
25.530 | 1000 | 1 |
25.560 | 100 | 1 |
25.600 | 934 | 2 |
25.630 | 1552 | 1 |
25.650 | 111 | 1 |
Last trade - 16.13pm 10/07/2025 (20 minute delay) ? |
Featured News
MIN (ASX) Chart |