Stock of the day: Mineral Resources
Explore how Mineral Resources leverages its iron ore strength and navigates lithium market challenges, with a strategic pivot towards energy sector expansion in the Perth Basin, pending regulatory approvals.
![Video poster image](https://cf-images.eu-west-1.prod.boltdns.net/v1/static/2830693144001/86f9abba-6e2f-4fae-9e82-1a027abeba79/2e2cf300-b4ab-41fc-90c7-805a7bff6c3a/1280x720/match/image.jpg)
[AI generated]
This video was created on 26 July for IG audiences by ausbiz.
Stock of the day: Mineral Resources (ASX:MIN)
Portfolio performance overview
Mineral Resources' diverse portfolio has displayed mixed results. The iron ore segment has shown robust performance, whereas the lithium sector faces ongoing challenges due to weak market sentiment.
Despite these obstacles, industry experts are optimistic, suggesting the company as a strong buy based on its efficient management and operational effectiveness. The company’s consistent operational excellence sets a strong foundation for future growth, particularly with potential expansions into the energy sector.
Market reactions and future prospects
Looking ahead, Mineral Resources plans to expand into the energy sector with potential gas projects in the Perth Basin. These plans hinge on receiving the necessary approvals from the WA government for partial exports. This strategic move could diversify Mineral Resources' operations further, enhancing its ability to adapt to the fluctuating commodity markets.
The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.
![](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/Rebrand/Article_banners/Indices_global_component_banner.jpg/jcr:content/renditions/original-size.webp)
Discover how to trade the markets
Learn how indices work – and discover the wide range of markets you can trade CFDs on – with IG Academy's free ’introducing the financial markets’ course.
Put learning into action
Try out what you’ve learned in this index strategy article risk-free in your demo account.
Ready to trade indices?
Put the lessons in this article to use in a live account – upgrading is quick and easy.
- Get fixed spreads from 1 point on the FTSE 100, 1.2 on the Germany 40, and 0.4 on the US 500
- Protect your capital with risk management tools
- Trade more 24-hour markets than any other provider
Inspired to trade?
Put your new knowledge into practice. Log in to your account now.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.