Australia's Mineral Resources posts 'record' iron ore output in Q1, FY26

Australian mining services company Mineral Resources (MinRes) produced 10.9 million wet tonnes (wmt) of iron ore (on a 100% basis) from its operations in the Pilbara region during this year's July-September period, the first quarter of its 2026 financial year spanning July 2025-June 2026), according to the company's quarterly report released on Thursday. MinRes said the volume was 147.6% higher on year and a record for a quarter.

Specifically, the company's Onslow Iron ore project produced 8.4 million wmt during the quarter, significantly higher than the 1.9 million wmt it produced in Q1, FY25. Production at Onslow in the past quarter enabled the company to secure an additional $131 million contingent payment, as reported. During the September quarter,