Mineral Resources Limited (MALRF) Q3 2025 Earnings Call Transcript

2025-04-28 23:24:38 ET

Mineral Resources Limited (MALRF)

Q3 2025 Earnings Conference Call

April 28, 2025 20:00 ET

Corporate Participants

Mark Wilson - Chief Financial Officer

Conference Call Participants

Paul Young - Goldman Sachs

Lachlan Shaw - UBS

Rahul Anand - Morgan Stanley

Jonathan Sharp - CLSA

Rob Stein - Macquarie

Glyn Lawcock - Barronjoey

Matthew Frydman - MST

Kate McCutcheon - Citi

Lyndon Fagan - JPMorgan

Presentation

Operator

Thank you for standing by and welcome to Mineral Resources Analysts Call covering today's release of its March 2025 Exploration and Mining Activity Report. Your speakers today are Mark Wilson, Chief Financial Officer, and Chris Chong, General Manager, Investor Relations. A bit of admin before we kick off.

This is a sell-side call with analysts able to ask both text and live audio questions. [Operator Instructions]. This call is being recorded with a written transcript being uploaded to the MinRes website later today.

I will now hand over to the MinRes team.

Mark Wilson

Thank you, Josh, and good morning, everyone. It's Mark Wilson, CFO here. Welcome to our March quarterly conference call.

I have also with me Chris Chong from Investor Relations. I'll run through a few highlights first and then I'll be happy to take questions at the end. I know it's a busy morning for everyone.

I'd like to keep the call to an hour max so that you can move to your other calls, and I'm also very conscious that we've given you a lot of additional data this quarter to help you understand where the business is at, so we'll try and step you through that as well.

Just starting with my opening comments, starting with governance and regarding the board, I can confirm that the chair selection process is well advanced with the support of Korn Perry. As you would expect, the shortlist of candidates has conducted extensive due diligence. We look forward to making an announcement before the end of the financial year, as we've previously foreshadowed.

In terms of the recent board resignations, you'll appreciate I'm not in a position to make any additional comments. What I can do is point you to the governance update that was released on 13 February a few months ago, and I'll note to the best of my knowledge there have been no new matters identified since that update....

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