MRC.ASX: Appointment of Voluntary Administrators

Appointment of Voluntary Administrators

Stock	Mineral Commodities Ltd (MRC.ASX)
Release Time	18 Dec 2025, 5 p.m.
Price Sensitive	Yes

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Mineral Commodities Ltd enters voluntary administration

Key Points

Mineral Commodities Ltd and certain subsidiaries placed into voluntary administration
Rob Brauer and Rob Kirman of McGrathNicol Restructuring appointed as administrators
Administrators to assess businesses and explore options for sale or recapitalization

Full Summary

Mineral Commodities Ltd (ASX: MRC) has been placed into voluntary administration, with Rob Brauer and Rob Kirman of McGrathNicol Restructuring appointed as administrators. The administrators have assumed control of the businesses and will undertake an urgent assessment of each of the companies and explore options for their sale and/or recapitalisation. The appointment includes MRC Graphite (Norway) Pty Ltd, which is the Australian holding entity of the Skaland Graphite mine in Norway. The operations of the Skaland Graphite mine are unaffected by this appointment and the trading entities in Norway remain in the control of their directors. While in administration, the shares of Mineral Commodities Limited will remain suspended from trading. The administrators intend to provide shareholders with updates in due course on the ASX platform. A first statutory meeting of creditors is expected to take place on 2 January 2026.