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25 Jan
13:56

MinRes sees December-quarter ore shipments fall, prices rise

Australian miner Mineral Resources (MinRes)’s iron ore shipments fell 9% on-quarter in the second fiscal quarter through December 2022 to 4.14 million wet metric tonnes. Average realised iron ore price was however up 33% to $97/dry metric tonne, Kallanish notes. The Yilgarn mine’s processing plant was successfully converted to process both lump and fines, with lump shipments commencing during the December quarter. Overall output was in line with fiscal…
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