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Mineral Resources Hits 35Mtpa Onslow Iron Milestone, Secures $200M Payment
8:35am on Thursday 30th of October, 2025 AEDT
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Mining
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Mineral Resources Hits 35Mtpa Onslow Iron Milestone, Secures $200M Payment
8:35am on Thursday 30th of October, 2025 AEDT
Key Points
Onslow Iron achieves 35Mtpa capacity, triggering $200M contingent payment
Lithium prices rise 31% quarter-on-quarter with improved production recoveries
Board strengthened with four new independent non-executive directors
Strong liquidity of $1.1 billion and steady net debt at $5.4 billion despite $400M capex
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