Pilbara Hub Mineral Resources and Ore Reserves Statement

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Stock Mineral Resources Ltd (MIN.ASX)
Release Time 28 Aug 2025, 8:20 a.m.
Price Sensitive Yes
 Mineral Resources Announces Maiden Pilbara Hub Mineral Resources and Ore Reserves
Key Points
  • Pilbara Hub Mineral Resources of 161 million tonnes at 57.0% Fe
  • Pilbara Hub Ore Reserves of 51 million tonnes at 57.5% Fe
  • Lamb Creek deposit to be incorporated into Pilbara Hub, extending production profile by 5 years
Full Summary

Mineral Resources Limited (ASX: MIN) has announced maiden Mineral Resources and Ore Reserves statements for its Pilbara Hub, which includes the Iron Valley, Wonmunna and Lamb Creek deposits. The Pilbara Hub has a Mineral Resource of 161 million tonnes at 57.0% Fe, comprising 139 million tonnes of Indicated material and 20 million tonnes of Inferred material. The Ore Reserves for the Pilbara Hub are 51 million tonnes at 57.5% Fe, including 2 million tonnes of Proved stockpile material and 48.7 million tonnes of Probable in-situ material. The Pilbara Hub is currently operational, with Iron Valley and Wonmunna in production. Preparations are well advanced to incorporate the Lamb Creek deposit into the Pilbara Hub supply chain in FY26, which is expected to extend the Pilbara Hub's current production profile by approximately five years at a similar cost profile. The Mineral Resource and Ore Reserve estimates are reported in accordance with the JORC 2012 code and have been internally peer reviewed and externally audited.

Outlook

The development of the Lamb Creek deposit is expected to extend the Pilbara Hub's current production profile by approximately five years, at a similar cost profile.