Mineral Resources Limited (ASX: MIN) says its 2019 financial year earnings before interest, tax, depreciation and amortisation at a consolidated group level is expected to be between $360 million to $390 million. This is predicated on various assumptions including pricing for lithium (spodumene concentrate) and iron ore.
Mineral Resources Limited (ASX: MIN) advises that its 2019 financial year earnings before interest, tax, depreciation and amortisation at a consolidated group level is expected to be between $360 million to $390 million.
This is predicated on various assumptions including pricing for lithium (spodumene concentrate) and iron ore. Major assumptions include:
· Spodumene concentrate price: US$682.38 per tonne (6%)
· CFR 62% Fe: US$83.89 per tonne
· AUD/USD: 0.723 cents.
Mineral Resources managing director Chris Ellison is due to present at the Macquarie Australia Conference in Sydney today. Click below to see the latest company presentation.
