Quarterly Activity Report - Q4 FY26
| Stock | Mineral Resources Ltd (MIN.ASX) |
|---|---|
| Release Time | 29 Jul 2026, 8:21 a.m. |
| Price Sensitive | Yes |
Mineral Resources Ltd Q4 FY26 Quarterly Activity Report
- FY26 volume and cost guidance achieved or exceeded across all business segments
- Record annual volumes for Mining Services (341Mt), Iron Ore (29.5Mt) and Lithium (559k dmt SC6)
- Strengthened balance sheet with liquidity at $2.4B and net debt at $4.3B
Mineral Resources Ltd (ASX: MIN) reported its Quarterly Activity Report for the period to 30 June 2026 (Q4 FY26). The company achieved or exceeded FY26 volume and cost guidance across all business segments, with record annual volumes for Mining Services (341Mt), Iron Ore (29.5Mt) and Lithium (559k dmt SC6). Mining Services FY26 production volumes of 341Mt were up 22% yoy and above the upgraded guidance range of 320-330Mt. Onslow Iron produced 8.8Mt and shipped a record 9.6Mt in Q4 FY26, bringing FY26 attributable shipments to 19.7M wmt. Pilbara Hub shipped 2.7Mt in Q4 FY26, bringing FY26 shipments to 9.9M wmt. Quarterly attributable lithium sales totalled a record 158k dmt SC6 at an average achieved price of US$2,425/dmt CIF SC6. Wodgina FY26 record sales of 317k dmt SC6 and Mt Marion FY26 record sales totalled 242k dmt SC6. The company's liquidity strengthened to $2.4B and net debt reduced to approximately $4.3B.
FY26 volume and cost guidance achieved or exceeded across all segments
The company expects continued growth and operational efficiency in the upcoming financial year.