Mineral Resources Limited ( (AU:MIN) ) just unveiled an update.
Mineral Resources Limited has announced significant progress in its Onslow Iron project, which is on track to achieve its nameplate capacity of 35 million tonnes per annum by the first quarter of FY26. The company is enhancing its haulage and transhipping capabilities, with new infrastructure expected to bolster operational efficiency. Additionally, a comprehensive review of the 2022 feasibility study has led to strategic improvements, resulting in a $1.3 billion investment from Morgan Stanley Infrastructure Partners, affirming the project’s strong credentials.
More about Mineral Resources Limited
Mineral Resources Limited (ASX: MIN) is a leading diversified resources company with extensive operations in lithium, iron ore, energy, and mining services across Western Australia.
YTD Price Performance: -28.01%
Average Trading Volume: 605
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.93B
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