Mineral Resources’ Bald Hill Watch: Job Ads Put a Lithium Restart Back in Play
Jefferies flagged a rise in job ads near Kambalda as a sign Mineral Resources may restart its Bald Hill lithium mine, possibly in Q2 fiscal 2027. Spodumene concentrate prices climbed to $2,435 a tonne in April, up from $2,043 in March. MinRes has not confirmed a restart. The company’s net debt fell to about A$4.5 billion, with liquidity at A$1.8 billion.
