Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push
Mineral Resources has named Darren Killeen as chief operating officer, a new role reporting to Managing Director Chris Ellison. Shares closed Friday at A$69.55, down 2.5%. The company’s lithium joint venture with POSCO has reached formal agreements, with completion now expected in the first half of FY2027. Net debt dropped to about A$4.5 billion at March 31.