MinRes looking to double mining services business

AFTER a big 2019 financial year, Mineral Resources boss Chris Ellison expects the company will “at least double” its core mining services business in the next three years.

MinRes looking to double mining services business MinRes looking to double mining services business MinRes looking to double mining services business MinRes looking to double mining services business MinRes looking to double mining services business

Chris Ellison presents to the Mineral Resources AGM

Mining services EBITDA for FY19 was A$209 million and is forecast to rise to $280-300 million in FY20.