Sydney, Jan 19, 2026, 17:25 (AEDT) — Market closed.
- Shares of Mineral Resources ended the day 0.37% higher, closing at A$60.00.
- China’s newest GDP, housing, and steel figures continued to fuel concerns over demand for bulk commodities.
- MinRes’ quarterly update next week is drawing investor attention.
Shares of Mineral Resources Ltd closed Monday up 0.37% at A$60.00, holding firm near the A$60 level following a volatile start to the week for riskier assets. (Investing.com Australia)
The modest rise is notable since MinRes straddles two China-tied sectors — iron ore and lithium — as new China data shifts expectations on demand and policy backing. The stock also stands just before the company’s upcoming production and sales update, a key gauge for traders watching volumes, costs, and cash flow.
China’s economy expanded 4.5% year-on-year in the fourth quarter, according to official figures. However, December retail sales came in below expectations, and fixed-asset investment — spending on major projects like factories and infrastructure — declined for 2025. AMP chief economist Shane Oliver described the data as “no great surprises,” but noted that momentum “has slowed” and any new stimulus will likely be “incremental.” (Reuters)
Housing continues to drag. China’s new home prices slipped 0.4% in December compared to November and dropped 2.7% year-over-year, Reuters’ analysis of official figures shows. “The ongoing slump in the property sector … is set to stay a significant headwind,” said Jeff Zhang, equity analyst at Morningstar. (Reuters)
Steel production is dragging sentiment down. China churned out 960.81 million metric tons of crude steel in 2025, marking a seven-year low, according to the data. Ge Xin from Lange Steel predicts another drop in 2026, but expects the decline to slow. (Reuters)
Beyond Asia, fresh trade tensions spiked uncertainty. Markets shook after U.S. President Donald Trump threatened more tariffs on eight European countries unless the U.S. got the green light to buy Greenland, boosting demand for safe havens like gold and the yen. (Reuters)
MinRes investors will likely keep a close watch on commodity screens in the upcoming session. They’ll be eyeing iron ore futures for any hint that steel demand is steadying, while battery materials prices could reveal if lithium’s downturn has hit a floor or is just taking a breather.
There’s a peer read-through to consider. Big iron ore players like BHP Group, Rio Tinto, and Fortescue usually set the mood for bulk-exposed stocks on China-related days. On the battery front, lithium miners such as Pilbara Minerals drive sentiment. MinRes sits at the crossroads of both sectors, which makes it vulnerable to swings in a headline-driven market.
The risk scenario is clear. Should China’s property slump worsen and steel production continue to fall, iron ore demand forecasts could weaken fast. Another spike in trade tensions would only add pressure. Meanwhile, lithium prices remain volatile, threatening margins just as producers face rising costs.
MinRes is set to release its Q2 FY2026 earnings on Jan. 29, providing an update on its portfolio operations. (Mineralresources)
