0045 GMT - Is Mineral Resources' Bald Hill the next lithium project to restart? Jefferies thinks it could be. It highlights a significant increase in job advertisements for the Kambalda area of Australia posted by MinRes on its careers page. Analyst Mitch Ryan points out that MinRes has previously signaled it could restart Bald Hill within 4 months of any decision. "While accelerated relative to the Wodgina restart (six months) Bald Hill's capacity, simplicity and adjacency to Mt Marion leave us optimistic," says Jefferies, referring to MinRes's other lithium operations. Jefferies assumes Bald Hill restarts in 2Q of FY 2027. It sees the operation ramping up to full capacity of 1.2 million tons/year by the following quarter. Jefferies rates MinRes a hold. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
May 13, 2026 20:45 ET (00:45 GMT)
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