Half Year 2023 Mineral Resources Ltd Earnings Call Transcript
Good morning, everyone. Thanks very much for joining us. It's MinRes' half year results for '23.
I'm going to run you through the performance of the business over the last 6 months. Then I'm going to talk a little bit about -- or a lot about where the business is going over the next 2 to 4 years. We'll talk about some of the innovation that we've got in the business, some of the opportunities we've got sitting out there. Mark will join us shortly for a run-through on the financial results. And then when we get towards the end, we'll take in a few questions.
So a few highlights, overview of the first 6 months of the year. We've delivered a fairly decent result. It's been quite a strong result. Revenue is up 74%. EBITDA, as you can see, is $939 million. And we're going to declare a dividend -- or we've declared a dividend of $1.20 a share.
Traditionally we've always targeted 20%-plus on return on our invested capital. You will notice there it slid down a little over the last period. The
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