Minara Resources Ltd ASX: MRE is one of the major mining companies of Australia, specializing in the exploration of cobalt and nickel. Based in Perth, Minara Resources was founded in 1994 as the successor to Anaconda Nickel Ltd. which was founded by Fortescue Metals Group chief Andrew Forrest; it currently operates the Murrin Murrin Joint Venture in conjunction with Glencore International AG. In 2006, it had a capitalization of approximately $1.3 bn.
Minara Resources is an Australian-based mining company that specializes in the production of nickel and copper. The company is a wholly owned subsidiary of Glencore, a Swiss-based commodities and mining company. Founded in 1993, Minara Resources is one of the largest producers of nickel in the world, and is the largest producer of nickel in Australia.
The company is based in Perth, Western Australia, and operates a number of mines in the state. These include the Murrin Murrin Nickel Mine, the Leinster Nickel Mine, and the Cosmos Nickel Mine. The Murrin Murrin Nickel Mine is the largest of the three, and is located in the Eastern Goldfields region of Western Australia. The Leinster Nickel Mine is located in the same region, and the Cosmos Nickel Mine is located in the Pilbara region.
Minara Resources operates a number of processing plants in Australia, including the Murrin Murrin Nickel Refinery and the Leinster Nickel Refinery. The company also has an interest in a number of exploration projects in Australia, as well as in the Democratic Republic of Congo and Zambia.
The company is committed to sustainable development, and has implemented a number of initiatives to reduce its environmental impact. These include the installation of solar panels at the Murrin Murrin Nickel Mine, the installation of a water recycling system at the Leinster Nickel Mine, and the implementation of a carbon offset program.
Minara Resources has a strong commitment to the communities in which it operates, and has implemented a number of initiatives to improve the lives of local people. These include the establishment of a community development fund, the provision of health and education services, and the construction of infrastructure such as roads and bridges.
Overall, Minara Resources is a leading producer of nickel and copper, and is committed to sustainable development. The company is an important contributor to the economy of Western Australia, and is committed to the communities in which it operates.