logo
powered-by-purple
Navigation
logo powered-by-purple
  • Insight
    • Diggers and dealers
    • Insights
  • Companies
    • A&O Sherman
    • Accelerate Resources
    • AOG Energy
    • Artemis Resources
    • AVESS Energy
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Darktrace
    • Deterra Royalties
    • Dreadnought
    • Eclipse Metals
    • Energy Exchange Australia
    • Energy Metals
    • FBR
    • Finbar
    • Gold Road Resources
    • Infinite Green
    • Inside Diggers and Dealers
    • Insight
    • Jupiter Mines
    • K+S Salt
    • Lykos Metals
    • Magnetite Mines
    • Mineral Resources
    • NextOre
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Osteopore
    • Paydirt
    • Rox Resources
    • Sandfire
    • St George Mining
    • Sundance Resources
    • VRX Silica
    • Vysarn
    • Westgold Resources
    • Wind with Purpose
  • Industries
    • Broking Firm
    • Clean energy
    • Cobalt
    • Copper
    • Gold
    • Graphite
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Royalties
    • Silica Sand
    • Technology
    • Uranium
    • Water services
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Iron ore / Mineral Resources provides quarterly activities report for period ending 30 September 2020

Mineral Resources

  • ASX: MIN
    • Fe
    • Li

Mineral Resources provides quarterly activities report for period ending 30 September 2020

  • 23 October

Mineral Resources Limited (ASX: MIN) today provided its quarterly exploration and mining activities report for the period ending 30 September 2020.


HIGHLIGHTS: 

  • Safety performance continued to improve, with a 12-month rolling Lost Time Injury Frequency Rate (LTIFR) of zero and a Total Reportable Injury Frequency Rate (TRIFR) of 3.19 at September 2020, an improvement of 3% over the quarter.

  • COVID-19 Polymerase Chain Reaction (PCR) screening testing continued with 42,055 tests completed during the quarter and more than 75,000 completed this year through MRL’s 10 screening facilities in metropolitan Perth and regional areas across Western Australia (WA).

  • Mining Services volumes increased 24% versus Q120 and 7% versus Q420, in line with expectations. Guidance remains for FY21 volumes to increase 20 to 25%.

  • Total iron ore production remained steady at 4.2 million (m) wet metric tonnes (wmt) for the quarter.

  • Koolyanobbing operations shipped 2.2m wmt iron ore for the quarter with production expected to ramp up to meet full year guidance.

  • Iron Valley shipped 1.3m wmt iron ore for the quarter, in line with the mine plan and guidance.

  • Average iron ore revenue received of US$97 per dry metric tonne (dmt) during the quarter, 15% higher than the previous quarter.

  • Mt Marion Lithium Project achieved record production of 133,000 dmt and record shipments of 118,000 dmt of spodumene concentrate during the quarter.

  • During the quarter, MRL agreed to purchase the Wonmunna Iron Ore Project (Wonmunna) from Australian Aboriginal Mining Corporation Limited (AAMC). The purchase was for an immaterial cash consideration and a royalty which MRL will pay AAMC in respect of the first 40m dmt extracted and removed from the area. Wonmunna has a forecast capital cost of approximately $126m (including the acquisition cost) with an initial design of 5.0m wmt per annum production. Exports of 1.0m to 2.0m wmt are expected in H2 FY21. Operating costs are expected to be similar to MRL’s nearby Iron Valley operation.

COVID-19 Update on Operations 

MRL continues to monitor developments around the world along with guidelines introduced by the Federal and State Governments and health authorities to minimise the risks that COVID-19 presents to our community and the resource industry in WA. MRL continues to screen all workers and visitors to operational sites, with the aim of ensuring that anyone entering our sites is free of the virus.

MRL has conducted more than 75,000 COVID-19 PCR screening tests for resource industry workers through MRL’s 10 screening facilities in metropolitan Perth and regional areas across WA.

This initiative complements other actions taken on our sites. Further details of our actions are available at www.mineralresources.com.au/home-page/covid19-response/.

View full announcement

Peter Klinger

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 28 February

Rox appoints Phill Wilding as MD & CEO to focus on delivering Youanmi

  • ASX: RXL
    • Au
  • 28 March

Wind with Purpose strikes deal with Barrington Energy & Gnaala Karla Booja

  • WWP
    • Clean energy
  • 25 November

NRW unit Action Drill & Blast awarded Talison Lithium contract

    • Mining Services

Related

  • 30 April

Deterra provides March quarter portfolio update

    • Fe
    • Li
  • 29 April

MinRes releases March Quarter activities report

  • ASX: MIN
    • Mining Services
    • Broking Firm
  • 28 March

NRW appoints new CFO

  • ASX: NWH
    • Mining Services
    • Broking Firm
  • Insight
  • 18 March

State Cabinet reshaped to mirror future of Western Australia’s economy

    • II
    • Broking Firm

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
    • Diggers and dealers
    • Insights
  • Companies
    • A&O Sherman
    • Accelerate Resources
    • AOG Energy
    • Artemis Resources
    • AVESS Energy
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Darktrace
    • Deterra Royalties
    • Dreadnought
    • Eclipse Metals
    • Energy Exchange Australia
    • Energy Metals
    • FBR
    • Finbar
    • Gold Road Resources
    • Infinite Green
    • Inside Diggers and Dealers
    • Insight
    • Jupiter Mines
    • K+S Salt
    • Lykos Metals
    • Magnetite Mines
    • Mineral Resources
    • NextOre
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Osteopore
    • Paydirt
    • Rox Resources
    • Sandfire
    • St George Mining
    • Sundance Resources
    • VRX Silica
    • Vysarn
    • Westgold Resources
    • Wind with Purpose
  • Industries
    • Broking Firm
    • Clean energy
    • Cobalt
    • Copper
    • Gold
    • Graphite
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Royalties
    • Silica Sand
    • Technology
    • Uranium
    • Water services
    • Zinc
  • Video
powered-by-purple
  • About
  • Contact
  • Subscribe
  • Purple
  • Privacy Policy
  • Disclaimer

Copyright 2025 Purple