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MinRes keeps FY27 targets after record quarter across mining and lithium
8:14am on Friday 23rd of October, 2026 AEDT
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Mining
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MinRes keeps FY27 targets after record quarter across mining and lithium
8:14am on Friday 23rd of October, 2026 AEDT
Key Points
Record 103Mt Mining Services production, up 10% quarter on quarter
Onslow Iron shipped 9.2Mt at an A$53/wmt FOB cost
Record attributable lithium sales of 170kt SC6 despite a 23% price decline
Net debt fell to approximately A$4.1 billion and Fitch upgraded MinRes to BB
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