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Mineral Resources Powers Through Price Slump with Onslow Iron and Mining Services Gains
6:51am on Monday 2nd of June, 2025 AEST
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Mining
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Mineral Resources Powers Through Price Slump with Onslow Iron and Mining Services Gains
6:51am on Monday 2nd of June, 2025 AEST
Key Points
Underlying EBITDA down 55% to $302 million due to weaker iron ore and lithium prices
Mining Services division posts record underlying EBITDA of $379 million, up 49%
Onslow Iron project ramps up production and shipping, despite severe weather disruptions
Net debt rises to $5.08 billion amid peak capital expenditure and strategic asset sales
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Mineral Resources (ASX:MIN)
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