Mineral Resources Q4 FY26: Record volumes and guidance achieved
The miner lifted FY26 liquidity to $2.4 billion and cut net debt to $4.3 billion after record shipments and sales across its iron ore and lithium operations.
- Mineral Resources Ltd reported record mining and lithium volumes for fiscal year 2026, achieving or exceeding guidance across all business segments while reducing net debt.
- The flagship Onslow Iron operation in Western Australia underpinned record performance, while MinRes completed major debt refinancing in April using US$1.3 billion in new notes.
- Mining Services production reached 341 million tonnes, up 22% year-on-year, while iron ore shipments hit a record 29.5 million wet metric tonnes and Lithium SC6 sales totaled 559,000 dry metric tonnes.
- MinRes improved liquidity to $2.4 billion by June 30, 2026, and reduced net debt to $4.3 billion, reflecting significant free cash flow generation during the fiscal year.
- Management expects output to remain strong with expansion underway at Mt Marion, while the company's partnership with POSCO Holdings is targeted for completion during the first half of FY27.
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Updated Mineral Resource Estimate and publication of Competent Persons Report
Reykjavík, July 29, 2026 (GLOBE NEWSWIRE) -
Onslow Iron drives record year for MinRes
The Onslow Iron operation produced 8.8 million wet metric tonnes. Image: MinResMineral Resources (MinRes) has announced it achieved record production for its iron ore and lithium businesses during the 2025-26 financial year (FY26), as its flagship Onslow Iron operation in Western Australia continues to gather momentum. Mining Services delivered 341 million tonnes (Mt) of production for FY26, 22 per cent higher than the previous year and above th…
Mineral Resources Q4 FY26: Record volumes and guidance achieved
Mineral Resources Limited exceeded FY26 guidance across all segments, reporting record mining and lithium volumes and a stronger balance sheet. The post Mineral Resources Q4 FY26: Record volumes and guidance achieved appeared first on The Motley Fool Australia.
Mineral Resources Shares Surge on Record FY26 Volumes Across Lithium, Iron Ore and Mining Services Units
Mineral Resources reported record production volumes and improved financials, driving a 4.75% share price increase. The company exceeded guidance across mining services, iron ore, and lithium divisions.
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