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Mineral Commodities (ASX:MRC) Construction In Progress : A$7.48 Mil (As of Dec. 2023)


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What is Mineral Commodities Construction In Progress?

Mineral Commodities's quarterly construction in progress declined from Dec. 2022 (A$11.77 Mil) to Jun. 2023 (A$0.00 Mil) but then increased from Jun. 2023 (A$0.00 Mil) to Dec. 2023 (A$7.48 Mil).

Mineral Commodities's annual construction in progress increased from Dec. 2021 (A$0.00 Mil) to Dec. 2022 (A$11.77 Mil) but then declined from Dec. 2022 (A$11.77 Mil) to Dec. 2023 (A$7.48 Mil).

Mineral Commodities Construction In Progress Historical Data

The historical data trend for Mineral Commodities's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mineral Commodities Construction In Progress Chart

Mineral Commodities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 8.78 - 11.77 7.48

Mineral Commodities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 11.77 - 7.48

Mineral Commodities Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Mineral Commodities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Commodities Ltd (ASX:MRC) » Definitions » Construction In Progress
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Traded in Other Exchanges
58M:Germany
Address
Unit 2, 59 Belmont Avenue, Belmont, WA, AUS, 6104
Website
https://www.mineralcommodities.com
Mineral Commodities Ltd is a mineral exploration and development company. It has mineral sands projects in South Africa. It is also engaged in exploration activities in Iran, and Australia. The company has five reportable segments: Mineral sands mining and production (Tormin Mineral Sands project) - South Africa; 2. Mineral sands exploration (Xolobeni Mineral Sands project) - South Africa; 3. Graphite mining and production (Skaland) - Norway; 4. Exploration activities - Australia; and 5. Corporate (management and administration of the Company's projects) - Australia, South Africa, and Norway.