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Home / Iron ore / Mineral Resources provides FY19 earnings guidance

Mineral Resources

  • ASX: MIN
    • Fe
    • Li

Mineral Resources provides FY19 earnings guidance

  • 1 May

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. 

Peter Klinger

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