logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Iron ore / Mineral Resources sets sale price for Mt Marion 6% lithium concentrate

Mineral Resources

  • ASX: MIN
    • Fe
    • Li

Mineral Resources sets sale price for Mt Marion 6% lithium concentrate

  • 29 July

Leading mining services and mining company Mineral Resources (ASX: MIN) says 6% spodumene concentrate shipments from its half-owned Mt Marion lithium project south of Kalgoorlie will be priced at $US608.95 per dry tonne during the September quarter. The price is down from $US682.38/t received in the June quarter, another sign of the tough trading conditions facing the entire ASX-listed lithium sector. Despite the softer price, MinRes said that Mt Marion remained “a profitable and highly valuable long-life lithium asset” for the company.


Mineral Resources Limited (ASX: MIN) (“MRL” or the “Company”), on behalf of Reed Industrial Metals Pty Ltd which owns and operates the Mt Marion Lithium Project (“Mt Marion”) advises that the sale price for 6% spodumene concentrate shipments for the quarter ended 30 September 2019 will be US$608.95 per dry metric tonne (“dmt”) compared with US$682.38 per dmt for the quarter ended 30 June 2019.

Mt Marion remains a profitable and highly valuable long-life lithium asset for MRL.

Reed Industrial Metals Pty Ltd is owned 50% by MRL and 50% by Ganfeng Lithium Co. Ltd (SZAE: 002460).

Peter Klinger

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 26 June

Picking winners – the portfolio approach that offers blue-sky potential

  • ASX: ARV
    • Clean energy
    • Cu

Related

  • 21 June

Core Lithium provides development update for the Finniss lithium project, NT

  • ASX: CXO
    • Li
    • Clean energy
  • 21 June

Core Lithium provides development update for the Finniss lithium project, NT

  • ASX: CXO
    • Li
  • 17 May

Core Lithium provides Finniss Project development update

  • ASX: CXO
    • Li
    • Clean energy
  • 17 May

MinRes appoints Zimi Meka as non-executive director

  • ASX: MIN
    • Mining Services

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 Cannings 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
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple