Sydney, Jan 15, 2026, 17:55 AEDT — After-hours
- Mineral Resources ended up 2.2% at A$62.67 on Thursday.
- A filing showed AustralianSuper increased its holding to 7.83% from 6.74%.
- Investors now look to the company’s Jan. 29 quarterly report for production and cost signals.
Mineral Resources Ltd (ASX:MIN) shares ended 2.2% higher at A$62.67 on Thursday, as investors weighed a fresh increase in the register by superannuation giant AustralianSuper ahead of the miner’s next quarterly update later this month.
The move matters now because money has been moving quickly across Australian materials names, and the next company report is close enough to shape positioning. MinRes sits in the messy overlap of iron ore and lithium, where sentiment can flip in a day on China data or policy noise.
A bigger institutional stake does not change output, but it can steady a stock that has been pushed around by commodity swings and funding questions across the sector. Traders also read these notices for a hint — sometimes unreliable — on who is willing to add at current levels.
A Form 604 notice, required when a shareholder with at least 5% changes its holding, showed AustralianSuper lifted its voting power in Mineral Resources to 7.83% from 6.74%, increasing its holding to 15,477,005 shares from 13,319,135. The filing said the change occurred on Jan. 12 and did not disclose the reasons for the move. (Weblink)
The broader market was firm. Australia’s S&P/ASX 200 rose 0.47% on Thursday, with gains led by materials and resources stocks.
China’s steel exports and iron ore imports hit record highs in 2025, the latest sign demand is holding up despite a weak property sector, and that tends to set the tone for iron ore-linked names in Sydney. Still, China’s steel consumption is forecast to fall 1% this year after a 5.4% drop in 2025, and rising global supply could pressure prices; Horizon Insights analyst Bai Xin said global iron ore supply is expected to grow 2.5% in 2026, with shipments to China seen higher by 36 million to 38 million tons. (Reuters)
MinRes is a diversified miner and mining services provider with exposure to lithium and iron ore, putting it in the same conversation as bigger iron ore producers BHP and Rio Tinto, while lithium sentiment often tracks names like Pilbara Minerals.
But filings on shareholder moves can cut both ways. Big funds rebalance for reasons that have nothing to do with commodity views, and the buying that lifts a stake one week can disappear the next.
Attention now shifts to MinRes’ Q2 FY2026 quarterly report on Jan. 29, when investors will look for any changes to production, shipments and cost commentary after a volatile start to the year.
