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Home / Iron ore / Mineral Resources – Quarterly Activities Report June 2018

Mineral Resources

  • ASX: MIN
    • Fe
    • Li

Mineral Resources – Quarterly Activities Report June 2018

  • 31 July

Leading mining services provider Mineral Resources (ASX: MIN) says its Wodgina lithium concentrate processing plant should begin commissioning in the December quarter. Releasing its June quarterly activities report, MinRes said it produced 845,000t of DSO lithium in the quarter, a drop on previous quarters in line with a strategy to focus on best exploitation of the Wodgina orebody once the 750,000tpa concentrate plant is operational.


HIGHLIGHTS

  • Total lithium and iron ore production for financial year 2018 was 15.29 million wet tonnes with 13.21 million wet tonnes shipped.
     
  • Spodumene concentrate increased to 109,183wmt during the quarter, with a 65% majority of high grade 6% product.
     
  • Wodgina DSO production has been reduced in line with plans to maximise realised future value from ore body.
     
  • Koolyanobbing will commence export in quarter one of financial year 2019 with the MRL rail fleet allowing between 6 to 6.25 million tonnes to be hauled each year.
     

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Peter Klinger

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