Mineral Resources Ltd (MIN.AX) on Thursday said it remains on track to meet its fiscal 2026 volume and cost guidance across all divisions, with the Onslow Iron project shipping 8.6 million tonnes in the first quarter.
The project operated at its 35 million tonnes per annum nameplate capacity between August and October 2025, triggering a $200 million contingent payment from Morgan Stanley Infrastructure Partners.
In the lithium segment, average realised SC6 prices rose 31% quarter-on-quarter to $849 per dry metric tonne. Following the completion of the Lockyer-6 reserve and resource certification process, the company received a $41 million purchase price adjustment payment in October 2025.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.