Strong mining quarter by Mineral Resources

MINERAL Resources has delivered a record-breaking operational quarter in iron ore, achieving a 22% increase in production quarter-on-quarter to 4.2 million wet metric tonnes and a 53% increase in shipments to 4.4Mt.

Loading ore at Mineral Resources' Koolyanobbing iron ore mine

24 July 2020
comments
share

The strong operational performance meant Mineral Resources was able to take advantage of an average dry metric tonne iron ore price of US$84/t, 12% higher than in the March quarter.

A unique perspective on the Australian resources sector

Subscribe today and enjoy full access to MiningNews.net - the most comprehensive source of mining industry news and information on global commodity price movements and trends.

Standard Subscription

From $233 *per user, per year (excluding GST)

SUBSCRIBE NOW

Comprehensive independent coverage of new discoveries, projects, and funding activity across Australasia
ASX daily market wraps, analysis and latest commodity news
In-depth coverage and analysis of M&A, company announcements and financial reports
Timely key commodity trend news and analysis
Expert analysis of relevant global deals, capital market developments, and project finance trends
Exclusive METS sector investment news, commentary and analysis
Opinion pieces, and company and market analysis, by Australia's top mining columnists

Try MiningNews.net for 30 days for ONLY $1

START YOUR TRIAL

Best value

Premium Subscription

From $672 *per user, per year (excluding GST)

SUBSCRIBE NOW

All the benefits of a Standard subscription plus:
5 annual reports (valued at $1,185 each) produced by Mining Journal's Intelligence division, and focusing on the most relevant discussion points in the mining sector:
- World Risk Report
- Global Finance Report
- Global Leadership Report
- Global METS Investment Report
- Project and Pipelines Handbook
A total value equivalent to $6,980.