(AI video summary)
This video was created on 12 November 2025 for IG audiences by ausbiz.
ASX code: MIN
Mineral Resources sells 30% lithium stake to POSCO
Mineral Resources has sold a 30% stake in its lithium operations to South Korea’s POSCO for US$765 million, valuing its lithium assets at $3.9 billion. POSCO gains exposure to two key mines, while Mineral Resources retains operational control.
Debt reduction and strong performance
The deal eases concerns over Mineral Resources’s $5 billion debt pile and follows a strong September quarter, with all divisions beating consensus. Analysts previously valued the lithium business at $2.7 billion, making this a significant upgrade.
Investment outlook
Lithium demand is shifting beyond the electric vehicle (EV) boom that drove the first surge, toward energy storage systems and data centres. This trend, often called ‘lithium boom 2.0’, is expected to support long-term demand for the commodity.