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27 Feb
02:23

Mineral Resources net profit surges in first half

Australian miner Mineral Resources saw its net profit after tax surge 1890% year-on-year to AUD 390 million ($263m) in the first half ended 31 December, 2022, Kallanish notes. The strong first-half performance was driven by record lithium earnings from the conversion of both Mt Marion and Wodgina spodumene concentrate into lithium battery chemicals. The performance was further underpinned by consistent mining services earnings and an improved contribution from …
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