What is Mineral Resources?
Mineral Resources Introduction
Mineral Resources is a diversified mining services company based in Perth, Western Australia. It's one of the top 100 companies on the Australian Securities Exchange (ASX) with a market capitalization of over $10 billion.
The company provides a range of services to the mining industry, including contract mining, mineral processing, logistics, and equipment maintenance.
Mineral Resources has operations in Australia, Africa, the Americas, and Asia. The company's clients include some of the world's largest mining companies, such as BHP Billiton, Rio Tinto, and Fortescue Metals Group.
Mineral Resources History
Mineral Resources was founded in 1994 by Chris Ellison. Ellison is a self-made billionaire who started his career as a truck driver in the mining industry.
Under Ellison's leadership, Mineral Resources has grown from a small, family-owned business into one of the world's leading mining services companies.
Ellison is a controversial figure, but he is also a successful businessman. He is known for his aggressive business tactics and his willingness to take risks.
Mineral Resources Business Model
Mineral Resources operates a diversified business model that includes:
- Contract mining
- Mineral processing
- Logistics
- Equipment maintenance
The company's contract mining operations provide a range of services to mining companies, including:
- Open pit mining
- Underground mining
- Exploration drilling
- Mine closure
Mineral Resources' mineral processing operations provide a range of services to mining companies, including:
- Crushing and screening
- Beneficiation
- Tailings management
Mineral Resources' logistics operations provide a range of services to mining companies, including:
- Transportation
- Storage
- Distribution
Mineral Resources' equipment maintenance operations provide a range of services to mining companies, including:
- Equipment repair
- Equipment maintenance
- Equipment rental
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