Mineral Resources Posts Higher Fiscal Q2 Production

MT Newswires Live
01/29

Mineral Resources' (ASX:MIN) fiscal second-quarter production volume reached 85 million wet metric tonnes (wmt), up from 68 million wmt a year earlier, according to a Thursday filing with the Australian bourse.

Total iron ore production for the three months ended Dec. 31, 2025, across Onslow Iron and the Pilbara Hub was 11.5 million wmt, with shipments totaling 11.1 million wmt, the filing said.

Total attributable spodumene production for the quarter across Wodgina and Mt Marion operating sites reached 138,000 dry metric tonnes (dmt) of SC6, while sales totaled 143,000 dmt of SC6, per the filing.

The company increased its fiscal 2026 lithium volume guidance to 260,000 to 280,000 dmt of SC6 for Wodgina, up from 220,000 to 240,000 dmt previously, and to 190,000 to 210,000 dmt of SC6 for Mt Marion, up from 160,000 to 180,000 dmt previously, while cost guidance across both sites remains unchanged.

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