Mineral Resources (ASX: MIN) has released its activities report for the first quarter of the 2019 financial year, highlighting total lithium and iron ore production of 2.4 million wet tonnes and 2.1 million wet tonnes shipped during the reporting period. Spodumene concentrate production remained in line with the last quarter of FY18. Iron ore mining and crushing activities commenced at Koolyanobbing late in the September quarter, with exports expected to commence late in the current quarter.
Q1 FY19 Highlights
Total lithium and iron ore production for the quarter was 2.423 million wet tonnes with 2.133 million wet tonnes shipped
Spodumene concentrate production remained in line with Q4 FY18, with a 69% majority of output high-grade 6% Li20 product up from 65% in Q4 FY18
DSO export volumes from Wodgina decreased to 0.422 million wet tonnes for the quarter, in line with plans to maximise realised future value from the ore body by retaining the ore for use in future spodumene concentrate production.
Iron ore mining and crushing activities commenced at Koolyanobbing late in the Q1 FY19, with exports expected to commence in late Q2 FY19.