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MIN — Mineral Resources News Story

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Brief: Mineral Resources To Cease Lucky Bay Garnet Operations

BRIEF-Mineral Resources To Cease Lucky Bay Garnet Operations

- Mineral Resources Ltd MIN.AX:

  • TO CEASE LUCKY BAY OPERATIONS AND ENTER CARE AND MAINTENANCE EFFECTIVE 1 JULY 2026

  • LUCKY BAY CLOSURE TO IMPACT ABOUT 110 EMPLOYEES

  • TO ASSESS OPTIONS FOR LUCKY BAY INCLUDING POTENTIAL DIVESTMENT

  • TO RECORD NON-CASH IMPAIRMENT OF ABOUT A$40 MILLION IN FY26 FULL YEAR RESULTS


Further company coverage: MIN.AX


((Reuters.Briefs@thomsonreuters.com;))

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