InvestSMART

Mineral Resources Limited (ASX:MIN)

ALERT: Price-sensitive ASX Announcement for MIN
Current share price for MIN : $60.950 6.86 (12.68%)+
Announcement
Release
20 Feb 2026 8:36AM
Price at Release
$54.090
Full Release
download
Summary
The FY26 Half Year Results Presentation for Mineral Resources Limited highlights strong financial performance with record production volumes and earnings growth, driven by the ramp-up in iron ore volumes at Onslow Iron and lithium operations. The company achieved significant EBITDA improvements and a reduction in net debt, supported by increased commodity prices and cost-reduction measures. The outlook for FY26 includes further expansion of mining services, continued focus on lithium partnerships, and strategic investments in infrastructure and resource development projects. Governance and operational improvements were noted, alongside a commitment to sustainability and community engagement.
Key Points
  • Record production volumes and earnings growth.
  • Strong financial performance driven by Onslow Iron and lithium operations.
  • Significant EBITDA improvement and reduction in net debt.
  • Continued focus on lithium partnerships and strategic investments.
  • Governance and operational improvements highlighted.
  • Commitment to sustainability and community engagement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.