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MinRes upgrades FY26 iron ore shipment guidance

Source: Mysteel Apr 30, 2026 16:30

Australian miner Mineral Resources (MinRes) has raised its iron ore shipment guidance for its 2026 fiscal year (FY26) ending on June 30 after reporting a strong third-quarter performance during January-March.

MinRes produced 10.3 million wet tonnes (wmt) of iron ore (on a 100% basis) from its Onslow Iron and Pilbara Hub operations in Western Australia's Pilbara region during January-March, according to the company's latest quarterly report released on April 30. Q3 output surged by 72.1% on year, though it was