Mineral Resources has unveiled cost-cutting measures that will impact hundreds of blue-collar workers across its biggest lithium mines as it prepares to pocket $1.1 billion from the sale of a stake in its iron ore haul road by early next month.

The company’s razor gang estimates it has found about $180 million in capital expenditure savings and $120 million in operational cost savings across 2024-25, including through roster changes and associated job cuts in lithium.