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OZ Minerals

#2111

Rank

$6.47B

Marketcap

AU Australia

Country

OZ Minerals
Leadership team

Mr. Andrew Cole BAppSc(Hons) (MD, CEO & Director)

Mr. Warrick R. J. Ranson BBus (Acc.), F.C.A., FCA, GAICD, M.B.A., MBA (CFO and Fin. & Governance Exec.)

Mr. Matthew Reed (Operations Exec. Lead)

Products/ Services
Mining Technology
Number of Employees
1,000 - 20,000
Headquarters
Parkside, Victoria, Australia
Established
2008
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
OZL.AX
Social Media
Overview
Location
Summary
OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia. The company primarily explores for copper, gold, silver, nickel, iron oxide, zinc, and lead deposits. It owns and operates the Prominent Hill mine located in northern South Australia; the Carrapateena project located in South Australia; and the Antas mine located in the state of Pará in the northern region of Brazil. The company also holds interests in the West Musgrave copper-nickel project located in the Musgrave Province, Western Australia; Pedra Branca project located in the southern part of the Carajás in the state of Pará in the North of Brazil; and the CentroGold project located in the state of Maranhão in northern Brazil. In addition, it has interests in the Paraiso, Pantera, Lannavaara, Coompana, and Eloise properties. The company was incorporated in 1932 and is headquartered in Adelaide, Australia.
History

OZ Minerals was formed on 1 July 2008 when Oxiana and Zinifex merged.In February 2009 a takeover offer by China Minmetals was recommenced for acceptance by Oz Mineral's board of directors. The proposal was one of three high-profile moves by Chinese firms to acquire stakes in the Australian mineral sector in early 2009. The China Minmetals offer along with other proposed purchases, especially the stake in Rio Tinto planned by Chinalco, caused great public furore, adding political pressure to block Minmetals. In March 2009 the Government of Australia blocked the sale, citing national security concerns about the proximity of the Prominent Hill Mine to the RAAF Woomera Range Complex. A revised deal that excluded Prominent Hill was approved in April 2009.In June 2009 China Minmetals' Australian assets were spun off to form MMG. The Martabe gold project in Indonesia was sold to China Sci-Tech Holdings in the same month.In 2015, with its activities concentrated on the Prominent Hill mine and the nearby Carapateena prospect in South Australia, OZ Minerals moved its headquarters from Melbourne to Adelaide. in 2016, OZ Minerals commenced construction of its Carapateena mine.In August 2022 BHP submitted a non-binding indicative proposal to purchase Oz Minerals. The offer was rejected.

Mission
To create value for our shareholders through the discovery and development of quality mineral deposits and investments.
Vision
To be recognised as a leading Australian gold and copper exploration and development company, creating long-term value for our shareholders and other stakeholders.
Key Team

Mr. Steven Paul McClare (Acting Australian Chief Operations Officer)

Ms. Julie Athanasoff (Group Mang. Legal & Joint Company Sec.)

Ms. Michelle Ash (Technology Exec.)

Ms. Kerrina Chadwick (Head of Investor Relations & Corp. Affairs Exec.)

Sharon Lam (Group Mang. of Communications)

Mr. Richard Hedstrom BComm, ASIA (Head of Corp. Devel.)

Sheila Chan (Gen. Mang. of Marketing & Sales)

Recognition and Awards
OZ Minerals has won several awards, including Best Emerging Company of the Year at the Amex Australian Resources Awards in 2008, Best ASX Smaller Resources Company in 2012, and Best Investor Reporting in Mining at the 2019 IR Magazine Awards.
References
OZ Minerals
Leadership team

Mr. Andrew Cole BAppSc(Hons) (MD, CEO & Director)

Mr. Warrick R. J. Ranson BBus (Acc.), F.C.A., FCA, GAICD, M.B.A., MBA (CFO and Fin. & Governance Exec.)

Mr. Matthew Reed (Operations Exec. Lead)

Products/ Services
Mining Technology
Number of Employees
1,000 - 20,000
Headquarters
Parkside, Victoria, Australia
Established
2008
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
OZL.AX
Social Media