MinRes upgrades FY26 iron ore shipment guidance

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