Image Resources (ASX: IMA) — Company Overview, News & Financial Data
Image Resources is an Australian mineral sands exploration and production company operating in Western Australia.
Image Resources
Image Resources is an Australian mineral sands exploration and production company operating in Western Australia. The company specializes in the development and extraction of heavy mineral sand deposits located primarily within the Perth Basin. Its operations produce high-grade mineral sands concentrates, including zircon and titanium dioxide feedstocks such as ilmenite, leucoxene, and rutile, which are supplied to international industrial markets for ceramics, pigments, and specialty materials. Alongside dry open-pit mining and continuous dredge mining development projects, the company manages extensive tenement holdings across Western Australia, including multi-decade titanium and zircon resources as well as gold exploration properties.
Snapshot
Operations
Products and/or services of Image Resources
- Zircon Products: Production and commercial distribution of high-grade zircon mineral concentrates derived from heavy mineral sands deposits in Western Australia, supplying international industrial customers for use in ceramic tiles, refractories, precision casting, and advanced chemical applications.
- Titanium Dioxide Minerals: Extraction and supply of ilmenite, leucoxene, and rutile concentrates recovered from mineral sand operations, serving as primary feedstock materials for global titanium dioxide pigment production, titanium metal, and welding electrodes.
- Dry Open-Pit Mining: Open-cut mining operations utilizing heavy earthmoving equipment and mobile wet concentrator plants to process high-grade strandline mineral deposits located across the North Perth Basin region of Western Australia.
- Dredge Mining Development: Standalone continuous dredge mining and wet concentrate processing operations designed for large-scale, high-water-table heavy mineral sand deposits, providing low-cost, long-life production capabilities in the North Perth Basin of Western Australia.
- Multi-Decade Resource Projects: Development of massive-scale heavy mineral sand deposits containing tens of millions of tonnes of titanium and zircon mineral reserves, providing long-term feedstock security near existing infrastructure in Western Australia.
- Gold Exploration Projects: Exploration and delineation activities targeting gold and base metal mineralization across regional tenement packages in Western Australia, including reverse circulation drilling programs and resource estimation studies to identify economic deposits.
Image Resources executive team
- Winston LeeExecutive Chairman
- Todd ColtonChief Operating Officer
- David A. LimInterim Chief Financial Officer
- Rowan Michael HarlandCompany Secretary
Latest news about Image Resources
Recent announcements
What Image Resources (IMA) has told the market, newest first.
- Response to ASX Price QueryPrice sensitive
- Application for quotation of securities - IMA
Dividend history
Dividends per share paid by Image Resources, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2021 | — | A$0.0200 | — | A$0.0200 |
| FY2020 | — | A$0.0200 | — | A$0.0200 |
Key financials
Reported results for Image Resources, in AUD.
- Market cap
- 22.3M
- Revenue (TTM)
- 109.7M
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.1
- Dividend yield
- —
- Profit margin
- -78.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 80.7M | -14.1M | -83M | |
| 0 | -15.2M | -9.4M | |
| 119.1M | -2.3M | -4.7M | |
| 171.5M | 22.1M | 15.2M |