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Mineral Resources Advances Onslow Iron Ramp-Up Amid Board Changes and Strong Liquidity
6:31am on Monday 2nd of June, 2025 AEST
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Mineral Resources Advances Onslow Iron Ramp-Up Amid Board Changes and Strong Liquidity
6:31am on Monday 2nd of June, 2025 AEST
Key Points
Onslow Iron production slightly lowered due to haulage constraints but remains cash flow positive
Lithium volumes rise with Mt Marion guidance increased; cost guidance maintained
Strong liquidity above $1.25 billion and net debt at $5.4 billion with no equity raise planned
Board resignations prompt governance review and new Chair appointment process underway
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