MIN mineral resources limited

Ann: Quarterly Activity Report - Q2 FY25, page-20

  1. 4,560 Posts.
    lightbulb Created with Sketch. 163
    Increase in debt by $300 million will have been expected by anyone running financial models on the company so not totally unexpected.
    I calculate an approx $600,000,000 operating profit on mining ( REalised price less cost of production) for both iron ore and Lithium

    LitiumUSD to AUD margin

    12610000300
    $78,300,000
    2Iron ore TonsUSD to AUD marginLess 3% WMT to DMT
    397000005755.29$536,313,000
    4


    $614,613,000
    https://hotcopper.com.au/data/attachments/6770/6770894-b88234b42d0244b592ce7b2d554cf1e4.jpg
 
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