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Mineral Resources Boosts Lithium Output and Cuts Debt Amid Record Iron Ore Shipments
8:24am on Thursday 29th of January, 2026 AEDT
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Mineral Resources Boosts Lithium Output and Cuts Debt Amid Record Iron Ore Shipments
8:24am on Thursday 29th of January, 2026 AEDT
Key Points
Record iron ore shipments of 11.5 million wet metric tonnes in Q2 FY26
Upgraded FY26 lithium volume guidance for Wodgina and Mt Marion
Net debt reduced to approximately $4.9 billion from $5.4 billion
POSCO Holdings to acquire 30% stake in lithium operations for US$765 million
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MINERAL RESOURCES (ASX:MIN)
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