MinRes Lithium Portfolio

Consolidated rollup of MinRes' Lithium division, comprising three premier hard-rock lithium mines in Western Australia: Mt Marion and Bald Hill in the Goldfields region and Wodgina in the Pilbara. The division focuses on sustaining flexible production levels to respond to market conditions, reducing costs and capital spend, and expanding Resources and Reserves through ongoing drilling across existing deposits and nearby tenements, positioning the company within the global battery supply chain alongside partners Ganfeng Lithium (Mt Marion, 50/50) and Albemarle (Wodgina MARBL JV, 50/50). FY25 was shaped by lithium price weakness: volumes were aligned to market via lower-volume, higher-grade production, Bald Hill moved to care and maintenance in November 2024 (a $337M post-tax impairment was recognised), and guidance was achieved across Wodgina and Mt Marion. The source publishes per-mine production, guidance and FOB cost figures but no consolidated reserves and resources tables for the division.