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MinRes hurt by iron ore adjustment

WHILE Mineral Resources enjoyed a brief period of resurgent market love on the news it was restarting its 40%-owned Wodgina lithium mine yesterday, the company’s revelation of low iron ore prices for the September quarter saw selling pressure return today.

MinRes hurt by iron ore adjustment

MinRes shares, which touched a record A$65 in August when it declared a final dividend of $1.75 per share, have been trending south since, and fell another 7% today to around $40 after the mixed commodity...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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