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Image Resources finds operating momentum but faces a cash conversion test

7:47pm on Friday 30th of October, 2026 AEDT • Mining
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Image Resources finds operating momentum but faces a cash conversion test

7:47pm on Friday 30th of October, 2026 AEDT
Key Points
  • 178.3K DMT of HMC produced year to date, with full-year output expected to exceed guidance
  • Port congestion cut quarterly shipments to 40.6K DMT and lifted saleable inventory to 30,062 DMT
  • A$8.9 million operating cash outflow reduced cash to A$9.0 million
  • Estimated funding fell to 0.97 quarters with no unused finance facilities
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