Mining Intelligence and News
Australia

Mt Marion Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Lithium
  • Spodumene
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotMt Marion is one of the world’s largest lithium concentrate producers, with the product transported by road to the Port of Esperance for export to global markets.

A series of decisions were made over FY25 to align Mt Marion’s spodumene production with market conditions. Volumes were temporarily reduced to preserve value while maintaining flexibility to ramp up once the market stabilises, with greater emphasis placed on delivering higher-grade product.

Optimisation of the existing regrind milling circuit and repurposing of wet high-intensity magnetic separators across the site improved average grade and recovery, resulting in a higher product grade in 2H25.

Underground development activity commenced in 2H24 with the box cut completed and the first portal fired in June 2024.

The development of underground resources at Mt Marion was deferred at the end of 1H25.

In 2026, MinRes plans to advance a flotation study.

Owners

SourceSource
CompanyInterestOwnership
Mineral Resources Ltd. (operator) 50 % Indirect
Ganfeng Lithium Group Co., Ltd. 50 % Indirect
The Mt Marion lithium operation is jointly owned by MinRes (50%) and Jiangxi Ganfeng Lithium Co. Ltd (50%).

MinRes manages all mining operations at Mt Marion.

Contractors

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Deposit type

  • Pegmatite

Summary:

The Mt Marion lithium mineralisation is hosted within a number of sub-parallel, northeast to northwest trending pegmatite intrusive bodies which dip at between 10° and 30° to the west. Individual pegmatites vary in strike length from approximately 300m to 1,500m and average 15m to 20m in thickness but vary locally from less than 2m to up to 35m thick. The pegmatites intrude the mafic volcanic host rocks of the surrounding greenstone belt.

Large intervals of spodumene-bearing pegmatite in the southwest intersected during the 2016 and 2020 drilling are interpreted to be part of a sub-vertical, northeast striking feeder zone. The feeder zone is interpreted to be around 40m to 70m wide, extending approximately 400m along strike and down to over 400m below surface, and is open at depth.

The lithium occurs as 5cm to 30cm long grey-white spodumene crystals within medium grained pegmatites comprising primarily of quartz, feldspar, spodumene and muscovite. The spodumene crystals are broadly oriented orthogonal to the pegmatite contacts. Some zoning of the pegmatites parallel to the contacts is observed, with higher concentrations of spodumene occurring close to the upper contact.

A diamond drilling program in late 2023 has significantly increased confidence in the underground resource in the mine’s upper North Pit.

Drilling confirmed the North Pit underground ore body is vertically dipping with a strike length of 500 metres and a thickness of 30 to 60 metres. Pegmatites were intercepted around 1.2 kilometres below surface.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityUnits202520242023202220212020201920182017
Spodumene kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe344 348 106 
All production numbers are expressed as concentrate. ^ Guidance / Forecast.

Operational metrics

Metrics202520242023202220212020201920182017
Annual production capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,817 kwmt2,923 kwmt1,460 kwmt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe21,453 kwmt22,539 kwmt7,044 kwmt
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits20252024202320222021
Cash costs Spodumene AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Total cash costs Spodumene AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
^ Guidance / Forecast.

Mine Financials

Units20252024202320222021
Capital expenditures (planned) M AUD
Growth Capital M AUD  ....  Subscribe
Sustaining costs M AUD  ....  Subscribe
Capital expenditures M AUD  ....  Subscribe
Revenue M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
EBITDA M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Oct 25, 2025
....................... Subscription required ....................... Subscription required Subscription required Oct 25, 2025
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2025

Workforce

EmployeesTotal WorkforceYear
...... Subscription required 2024
...... Subscription required 2022

Aerial view:

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