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01 Aug
03:44

Mineral Resources reports record output, but below guidance

Australian miner Mineral Resources achieved production volumes of 64 million tonnes during the June quarter. It registered an annual record output of 274mt in the fiscal year through June 2022 (FY22), nevertheless slightly below the guidance range of 275-290mt, Kallanish notes. Iron ore shipments were 4.7 million wet metric tonnes (wmt) during the quarter. FY22 iron ore shipments of 19.2m wmt were at the upper end of FY22 guidance of 18.5-19.5m wmt, and…
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