Onslow Iron Optimism Drives MinRes Share Price Surge

Onslow Iron optimism drives MinRes share price surge

Mineral Resources plans to boost the maximum capacity of its key mining operation and believes it has learnt from ‘painful experience’ how to handle the next unforgiving Pilbara wet season.

MinRes downplays lithium firesale talk after notching iron ore record

The embattled miner says it is still considering sales, but a stronger performance from its Onslow project has lessened the need to offload assets.

Onslow powers MinRes’ strong quarter with $200 million boost

MinRes' Onslow Iron project. Image: MinResMineral Resources’ Onslow Iron has shipped 8.6 million tonnes of iron ore in the first quarter of the 2026 financial year, on track to meet volume and cost guidance. Onslow also operated to its full nameplate capacity of 35 million tonnes per annum to deliver the first quarter (Q1) results, coming alongside climbing lithium prices of 31 per cent in the September quarter. The 8.6 million tonne delivery tr…

MinRes hits major milestone with Onslow Iron project - Mining Magazine Australia

Image: BJP7images/shutterstock.comMinRes has reported hitting a major milestone, with its Onslow Iron project successfully reaching its 35Mtpa nameplate capacity. This achievement not only underpinned a strong quarter of production but also triggered a $200 million contingent payment for the company. The Onslow project shipped 8.6 million wet metric tonnes (100 per cent basis), driving the company’s record total iron ore shipments of 11.4 wmt. T…