20
Aug
04:24
MinRes reports higher iron ore shipments last fiscal
Australian mining company Mineral Resources (MinRes) reported record production and profitability during the 2020 fiscal year (FY20), helped by increased iron ore exports and lithium sales, Kallanish notes.
The company's Ebitda was a record AUD 2.01 billion ($1.44 billion), which included an AUD 1.3 billion gain on the sale of a 60% stake in the Wodgina lithium project. Underlying Ebitda was up 77% year-on-year to AUD 765 million. This helped th…
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Anonymous
Very good overview of the weekly steel market.
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