MinRes cuts iron ore guidance amid tough conditions

MINERAL Resources has reduced its full-year iron ore guidance as it moves to cut higher cost tonnes in a lower cost price environment.

MinRes cuts iron ore guidance amid tough conditions MinRes cuts iron ore guidance amid tough conditions MinRes cuts iron ore guidance amid tough conditions MinRes cuts iron ore guidance amid tough conditions MinRes cuts iron ore guidance amid tough conditions

FY22 guidance for the Yilgarn iron ore hub has been cut to 8-8.5 million tonnes, down from 10.5-11Mt previously.