Mineral Resources (OTCMKTS:MALRY) is an Australian-based mining and materials company headquartered in Perth, Western Australia. Founded in 1992, the firm has grown from its origins as a small iron ore explorer into a diversified resources business. It is publicly traded on the Australian Securities Exchange (ASX) under the ticker MRL and is available to U.S. investors via its OTCMKTS listing.
The company’s core activities encompass the extraction and processing of iron ore, spodumene lithium concentrate, and related mineral products. In the Pilbara region of Western Australia, Mineral Resources operates several key iron ore projects, including the Iron Valley and Koolyanobbing mines, supporting global steelmakers with bulk high-grade concentrate. The business has also expanded into the rapidly growing lithium sector, producing battery-grade spodumene at its Wodgina and Pilgangoora operations to supply international electric vehicle and battery manufacturers.
Beyond resource production, Mineral Resources provides a suite of mining services through its wholly owned subsidiary, which offers crushing, screening, haulage and port logistics solutions. This integrated approach enables the company to capture value across the supply chain and deliver tailored services to both its own projects and third-party clients. Its lithium operations benefit from downstream partnerships and tolling arrangements that help secure market access for its spodumene product.
Under the leadership of Executive Chairman and Founder Chris Ellison, Mineral Resources has pursued a strategy of disciplined growth and asset diversification. The management team leverages extensive regional expertise to develop new resource opportunities while optimizing existing operations. With a focus on operational efficiency and market-responsive product offerings, the company continues to position itself as a vertically integrated supplier to global steel and battery markets.
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