[MinRes Announces Restart of Bald Hill Lithium Mine]

Published: May 18, 2026 17:27

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Mineral Resources Limited (MinRes) announced the restart of its wholly-owned Bald Hill lithium mine, citing sustained recovery in lithium prices. The mine was placed on care and maintenance in Nov 2024 to preserve 58.1Mt at 0.94% Li₂O.Located in Western Australia's Goldfields, Bald Hill has capacity of ~165,000 dmtpa of 5.1% spodumene concentrate (140,000 dmt SC6). Using existing inventory, equipment and workforce networks, MinRes can resume operations safely and quickly.Site activities ramp up in late May, crushing and mining start in June, first concentrate in July. First shipment from Port of Esperance expected Q1 FY27, full capacity Q2 FY27. Restart costs (incl. working capital) estimated at A$20m, incurred in Q4 FY26. FY27 guidance to be provided in August.

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