Mineral Resources Limited (Minres), the leading Australian mining and processing company, published its operating results for the full financial year 2024-25, ending on June 30.
In the indicated year, the total production of iron ore miners increased by nine percent in annual calculus to 280 million raw metric tons (WMT), due to an increase in ONSLOW IRON production, new victories and the extension of contracts, while its total sales of iron ore amounted to 20 million WMT, increasing by 10.5 percent compared to the previous financial year. 35 million tons within four weeks before the end of August, in accordance with the indications of the rated power in the first quarter of the financial year, 2025-26.
minres expects the production of iron ore in the next financial year will be in the range of 305-325 million tons, which is 12.5 percent more than in the previous year, from 17.1-18.8 million million million tons. iron ore, which is expected to be shipped.