Mineral Resource Achieves record production volumes in FY22
- Mining giant Mineral Resources (MIN) posts record a full-year production figure of 274 million tonnes for the 12 months to the end of June
- However, this is slightly below the company’s guidance range of between 275 million and 290 million tonnes for the financial year
- Mineral Resources shipped 4.7 million wet metric tonnes of iron ore during the June quarter, taking full-year shipments to 19.2 million for FY22
- Meanwhile, the company shipped 141,000 dry metric tonnes of lithium spodumene concentrate over the quarter from its Mt Marion project in WA, leading to full-year shipments of 442,000 dry metric tonnes
- MIN shares are up 6.02 per cent to $51.74 per share at 1:47 pm AEST.
