Mineral Resources to Receive $200 Million as Onslow Haul Road Hits Targets
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MinRes achieves nameplate performance at Onslow Iron - Australian Resources & Investment
Autonomous road trains servicing the Onslow Iron project. Image: MinResMineral Resources (MinRes) will receive a $200 million contingent payment from Morgan Stanley Infrastructure Partners (MSIP) in early November after hitting key operational targets at its Onslow Iron project in the Pilbara. MinRes loaded 8.75 million tonnes (Mt) of iron ore onto transhippers at the Port of Ashburton between August 1 and October 27, 2025, achieving a 35Mt per …
Mineral Resources to Receive $200 Million Payment
Shares in Mineral Resources experienced a rise of 1.5 per cent in early trading following the announcement of a $200 million contingent payment from Morgan Stanley Infrastructure Partners (MSIP). The payment, expected early next month, is part of the larger $1.3 billion haul road sale agreement made last year. Mineral Resources is a leading Australian mining services company with extensive operations across commodities such as iron ore and lithi…
Mineral Resources to receive $200 million as Onslow haul road hits targets
Mineral Resources Ltd (ASX: MIN)'s coffers are soon set to swell with the company announcing it will receive a $200 million contingency payment after its Onslow Iron haul road hit its targets. The lithium and iron ore miner struck a deal with Morgan Stanley Infrastructure Partners (MSIP) late last year to sell a 49% stake in the haul road, which connects its Onslow Iron mine in Western Australia's Pilbara region to the port. MSIP paid MinRes an …
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